League of Legends Microtransactions Made $1.62 billion in 2015

By   /   7 months ago
Project: Disruption

League of Legends microtransactions have set a new record, a report into last year’s spending has shown.

This isn’t too much of a surprise considering League of Legends is the most played online game in the World. Despite being free-to-play, the MOBA is breaking all sorts of records when it comes to player spending thanks to its ever-updating and huge selection of microtransactions.

Riot Games made approximately $1.62 billion in 2015 (according to 640toronto), with the majority of this revenue coming through microtransactions.

It’s an incredible model that the developers have created, especially considering that most of these purchases come from skins for each champion. Normally you would expect players to look for advantage in-game with certain boosts or upgrades for their characters, but in League of Legends (and other games of a similar ilk) the necessity to look unique and fresh up-to-date is at the top of players’ lists.

The average player spends around $24 a year on League of Legends, which is around the cost of a AAA season pass or a top-end indie game, so with more active players than any other game on the planet it’s not a surprise that Riot Games are making so much money.

There are of course players that spend nothing at all on the game, where others may spend hundreds or even thousands of dollars making sure their champion is looking fly.

This is an idea that other developers have and will take into account in the future. Players are willing to spend more money on rare cosmetics as opposed to in-game upgrades. The online scene is very competitive and proving that you are the best using just your natural talent is incredibly important to gamers.

Yesterday saw the latest update released for League of Legends, and a few days ago saw the leak of the new client while in alpha, along with a video.

League of Legends continues to grow in popularity both socially and professionally, so considering it’s completely free then why not give it a go if you haven’t already? Just be careful not to spend too much on skins!

Featured Videos

Join the Conversation

Hot Right Now

Video Game Remasters

Untold Stories of Video Game Remasters – the Good, Bad, and Ugly

In today’s video, we discuss something subjective – are video game remasters good or bad? And...

by   /   3 weeks ago
Video Game Villains

Top 10 Invincible Video Game Villains Who Just Won’t Die, No Matter …

We all are accustomed with video game villains and the story usually concludes with the fall of...

by   /   1 month ago
Panasonic 3DO

Top-10 Retro Consoles You Never Knew Existed

Video gaming has come a long way! While we are well-acquainted with the likes of Xbox Scorpio and...

by   /   1 month ago
Insanely Priced Retro-Games

Top-10 Insanely Priced Retro Games

It goes without saying that video gaming is a luxury and an expensive hobby. While most of the...

by   /   1 month ago
Video Games Past

Why Some Video Games Should Let Go of Their Past

We all have favorite video games franchises that we so dearly love the way they are and yet we also...

by   /   2 months ago
Load More