Riot Games’ Wild 2024: Record $434M Profit But $603M in Dividends to Tencent
Riot Games reported a record profit of $434 million in 2024, but paid out $603 million in dividends to shareholders, primarily Tencent, using cash reserves. This financial strength allows for continued investment in games like League of Legends and Valorant, as well as their respective esports scenes, despite broader industry challenges.
- Entities
- Company: Tencent
- Game: Valorant
- Game: League of Legends
- Company: Riot Games
- Topic: Financial Performance
- Topic: Esports
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