Shanghai Begins Construction of a $898M E-sports Arena

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Shanghai has started the construction of an e-sports arena as the city pushes to become the leader in competitive gaming.

The venue, named Shanghai International New Cultural and Creative E-sports Center, will cost 5.8 billion yuan ($898.2 million) and span 500,000 square meters. It is designed to be a hub where e-sports teams and companies can be based and will have a hotel attached.

Shanghai has looked to position itself as a global e-sports centre. Last year, the city hosted the “League of Legends” World Championship, one of the biggest events in the e-sports calendar.

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