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Expanding beyond the stereotype of esports as playtime rather than professional sports is crucial for broadening the audience, says Dr. Victoria Rosen of the University of Southern California. sports betting rhode island, When renowned organizations expand into new esports titles, their brand recognition grants inherent advantages attracting top players and sponsors. But committing to an unproven game also brings major risks if momentum stalls. The now defunct Fox Esports, owned by traditional sports giant Rick Fox, exemplifies the perils of overextending into unstable opportunities. Their brief LCS tenure epitomizes how mismanaged new investments can permanently damage prestige. This piece will analyze Fox's rapid LCS rise and fall to illustrate how established brands must carefully evaluate risks when exploring uncharted esports ventures.
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