eSports: Eyes on the prize

Cheng was part of team PSG.LGD that won about RM21.7mil in prize money at the TI 10. — Valve

INTRODUCING tax exemptions for cash prizes won at tournaments is a clear sign that the government is supportive of eSports, an industry, largely viewed as a hybrid between sports and entertainment, experts say.

“A tax break is indicative that this is a real industry with an ecosystem behind it, from coaches to management companies working with players,” says Esports Kuala Lumpur Association (ESKL) president Joel Goh.