Esports centers are taking over old retail spaces. 

Esports centers are taking over old retail spaces. Gaming has been hot during the pandemic, and with many retail brands closing physical locations and focusing on ecommerce, some esports companies are swooping in to take over empty spaces and convert them into gaming centers. Prior to the pandemic, companies like Kinguin and Vindex LLC were already opening up “bootcamp-hotels” and venues across Europe. In the U.S., Simplicity Esports has about 40 gaming centers where they let amateurs “meet and play together on high-end computers without worrying about cheaters or slow network connections.” According to the company, they’ve seen a 40% to 70% improvement when it comes to leasing terms for “potential new venues.” (Bloomberg)