Shanghai to build $900m esports venue

2020 League of Legends World Championship Final between Suning and DAMWON Gaming at Shanghai Pudong Football Stadium on October 31, 2020 in Shanghai. (Photo by Yin Liqin/China News Service via Getty Images)

Construction has started on a $900m (€733m) esports facility in Shanghai, which the city hopes will make it the global 'capital' of professional gaming.

The Shanghai International New Cultural and Creative E-sports Center is a gaming and esports hub where teams and companies will be based and compete. The facility will cover more than 500,000 square metres and will include a hotel to accommodate international gamers, a 6,000-seater esports arena, and a museum dedicated to gaming. It is to open in 2024.

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