Riot Games generated $1.75 billion in revenue in 2020 from League of Legends alone

Published: Jan 8, 2021 - Last Updated: Jan 10, 2022

According to SuperData’s 2020 Year in Review report focusing on the health of digital games and interactive media market, Riot Games’ multiplayer online battle arena League of Legends generated $1.75 billion revenue in 2020.

Riot Games in 2020

According to the report League of Legends was the highest earning, non-mobile free to play title over the last year and the sixth highest-earning free to play title overall. The highest earning free to play titles were all on mobile. Tencent’s Honor of Kings and Peacekeeper Elite were unsurprisingly at the top of the list. They brought in $2.45 and $2.32 billion respectively.

Riot Games have released a number of games over the past couple of years that may have bitten off a chunk of the League of Legends revenue. Titles like Legends of Runeterra and VALORANT could have impacted the success of League. However, according to the data, there are more than enough rabid fans of the MOBA to sustain it and even grow it. In fact, revenue for the game increased by around $250 million compared to 2019.

This proves that Riot Games has the ability and marketing budget to make sure that their products can survive most crises. 2020 was a year of upheaval for many esports titles. The COVID-19 pandemic has placed them on the back foot. While many have survived and continued to remain profitable, not many can say that they actually improved upon the last year.

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The future of League of Legends

Now, in 2021 with a vaccine on the horizon and a growing userbase for their esports FPS Valorant, Riot is primed for even more success. Riot even have a few more games in the pipeline. Riot has already released a League-themed card game and an auto-battler. In 2021, the company plans to launch a mobile and console version of the main game, League of Legends: Wild Rift, and a spinoff single-player, turn-based RPG for consoles and PC. They have an animated series, Arcane, scheduled for 2021, and there are two League of Legends board games. They are even developing a League of Legends MMO.

The SuperData Report

The report from SuperData has also provided some other interesting findings. Overall, digital games alone earned $126.6B in 2020, up 12%. Here are some of the key findings from the report.

Andrew Boggs

Since: September 11, 2020

Andrew is a Northern Ireland based journalist with a passion for video games. His latest hobby is watching people speedrun Super Mario 64 and realising how bad he is at platformers.

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