Riot Games has opened a new Remote Broadcast and Content Production Centre (RBC), in Dublin as part of its continuous drive to innovate and advance its digital broadcast and production capabilities for esports as well as super serve players and fans.
It is the first of three RBCs they are launching, each of which will have the ability to produce six simultaneous events across production and audio rooms, live stages, and bull pens. All will be built with a scalable infrastructure to allow for future growth.
Riot Games is an American video game developer, publisher, and organiser of esports events. Founded in 2006 in order to develop the game League of Legends, the company has gone on to develop several spin-off games, as well as the first person shooter game Valorant.
It currently operates 14 international League of Legends esports leagues, and the League of Legends World Championship, and has 24 offices worldwide.
Dublin was chosen as the headquarters of its EMEA operations in 2011, and the office in Dublin city centre has since grown to 165 employees, although, until now, they have been primarily focused on back office functions such as business operations, engineering, and security.
The new facility is a vote of confidence in Ireland with its rich pool of local talent, and the attractive business environment. The company has been backed by the Irish Government, through its Development Authority.
It is also an indication that Riot Games expects the robust growth in esports to continue, one of the businesses that proved resilient to the pandemic.
Another was the online casino business, which saw new subscriber numbers surge during government imposed lockdowns. Those wanting to learn more may want to follow the best new online casinos for Irish players provided here.)
It is no coincidence that hi-tech American companies like Google, Facebook, and Twitter have chosen Ireland as the base for their European operations.
At 12.5% it has one of the lowest tax rates in Europe, but that is only part of the attractiveness for companies from then US like Riot Games.
Equally important is the fact there is a strong local skill base, with many graduates holding degrees in software development and a wide range of specialism across a talented, young workforce.
And the economic collapse which followed the implosion of the Irish property market, has proved a boon to investors form abroad as well.
It means that Irish workers are prepared to accept lower salaries than competing European hubs like London.
And unlike the UK following Brexit, Ireland remains part of the European Union, and is part of the Euro, enabling frictionless trade with much of the rest of Europe.
With a supportive and light touch regulatory environment and strong business support network with experienced commercial law and accountancy firms, what is there not to like about setting up shop in Ireland?
Nor is Ireland complacent about its status, with the government committed to continually improve the business environment for foreign companies. This latest move by Riot Games is one sign that their commitment to progress is starting to bear fruit.