Arlington, TX has unveiled plans for its Esports Stadium Arlington, a 100,000-square-foot center that will be housed in the Arlington Convention Center at 1200 Ballpark Way. Esports Venture LLC struck a 10-year lease deal for the space with the City of Arlington.

The city and Esports are planning to spend $10 million on creating the stadium. Arlington’ renovation and equipment investments will be repaid through annual lease payments, event revenue, stadium naming rights and other sources of income. The stadium will be managed by NGAGE Esports, one of the nation’s leaders in the field of entertainment marketing.

The global esports market was valued at nearly $493 million in 2017. The industry is expected to top out at $1.5 billion by 2020.

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