Host parents dismiss videogames as a mind-dulling distraction from their kids' studies. Little do they know all that button-mashing could translate into a fat college fund. Over the past five years, esports have grown into an estimated $906 million industry, with recruiters, coaches, and dedicated arenas. Nearly 200 US colleges are offering around $15 million per year in scholarships for the esports elite, and university teams can earn millions more in tournament prizes. Unsurprisingly, Silicon Valley is getting in on the market: PlayVS, a startup that organizes high school esports leagues, has raised $46 million from investors like Diddy and Adidas. Game recognize game.
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