Revenue and Downloads

When looking at the data, TFT China has amassed a total of $523 million USD since its release sometime in August 2021. Meanwhile, the global version has only generated a total of $66 million USD since October 2019.Riot Games is profitable, so this is about increasing profits. EDIT: As several people have noted, while Riot Games is private, their majority owne (Tencent) is not. According to Tencent's most recent filings, video game revenue is up by double-digits and they reported profits in the past.Generally, that hasn't happened. Even League of Legends' (LoL) esports operation, and probably competitive gaming's most popular title, doesn't turn a profit.

Do people still play TFT : The current TeamFight Tactics player count stands at an impressive 33 million monthly players, just as much as the WoW player count.

What is the most profitable Riot game

League of Legends: Wild Rift Powers Past $500 Million in Lifetime Revenue.

How much does Riot profit : Riot Platforms Income Statement

Income Statement	TTM	Dec 23
Total Revenue	$ 253.68M	$ 280.68M
Cost of Revenue	$ 139.61M	$ 97.12M
Gross Profit	$ 123.95M	$ 183.56M
Operating Expense	$ 418.67M	$ 449.56M

League of Legends: Wild Rift from Riot Games has surpassed $500 million in global player spending across the App Store and Google Play, Sensor Tower Store Intelligence estimates reveal. Launched gradually across territories from October 2020, the title has since become one of the world's top mobile MOBAs.

Game developer and publisher Riot Games has announced a new business model for franchised League of Legends teams, which will see focus shift from sponsorship revenue sharing toward sharing proceeds from in-game digital purchases.

Is eSports profitable for Riot Games

In this context, sustainability means that LoL Esports can generate enough revenue to cover the costs of Riot, our professional teams, and other stakeholders investing in our ecosystem while also providing an enduring career for our best players to compete professionally.The esports industry in particular has contracted significantly, with January's layoff at Activision Blizzard accounting for 83 percent of the company's esports staff. The crux of the issue is that esports never truly managed to become a profitable industry independent of the broader gaming world.TFT: Best Players rankings

#	Name	Tier
1.	HnZ Maris#Maris VN (#1)	Challenger LP: 1945
2.	soulblackRD#00594 LAN (#2)	Challenger LP: 1887
3.	AFTV 작은거인#KR123 KR (#3)	Challenger LP: 1851
4.	MGG ARaye#HYEMU PH (#4)	Challenger LP: 1702

Game developer and esports tournament organiser Riot Games has announced that League of Legends and Teamfight Tactics will join the Esports World Cup this summer.

Who is Riot Games biggest competitor : Top 10 competitors of Riot Games, ranked by Tracxn score:

1. Rogue. Video game publisher.
2. Paradox Interactive. Publisher of PC and console-based casual games.
3. Trophy Games. Game development studio based out of Denmark specializing in sports games.
4. Bethesda Softworks.
5. Devolver Digital.
6. Gameforge.
7. Tiny Build Games.
8. Warner Bros.

What is the profit margin for Riot : Current and historical gross margin, operating margin and net profit margin for Riot Platforms (RIOT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Riot Platforms net profit margin as of December 31, 2023 is -17.62%.

Where does Riot make most of their money

Riot mainly makes money from players buying character skins and special items in their games. The company makes a lot of money from its esports ventures. These ventures include broadcasting rights and sponsorships, which have become very popular.

Riot Games is a North American video game publisher, developer, and eSports tournament organizer founded by Marc Merrill and Brandon Beck in 2006. Riot Games generates the bulk of company revenue through in-game purchases, with these microtransactions earning approximately $31 per second.League of Legends: Wild Rift from Riot Games has surpassed $500 million in global player spending across the App Store and Google Play, Sensor Tower Store Intelligence estimates reveal. Launched gradually across territories from October 2020, the title has since become one of the world's top mobile MOBAs.

What is the profit margin on Riot Games : Current and historical gross margin, operating margin and net profit margin for Riot Platforms (RIOT) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Riot Platforms net profit margin as of December 31, 2023 is -17.62%.