From Lazy Summer to Major League Gaming: Mike Sepso on Founding the Esports Giant
*By Zane Bhansali*
Mike Sepso is a gilded name in esports.
His latest win? The senior VP of Activision Blizzard was recently appointed a strategic partner of Overwatch team league New York Excelsior.
And he also happens to be the leader of Major League Gaming, which he founded with partner Sundance DiGiovanni in 2002. But before he assumed his throne, Sepso conceived MLG during a single lazy summer when he and his partner were basking in the glory of their previous company, Gotham Broadband.
"What we wound up doing a lot of was playing 'Halo' competitively against each other and other people and going to Yankees games," he told Cheddar of that period.
"And somehow, over the course of lots of games of 'Halo' and winning some money from the guys that lived down the hall from Sundance, lots of Yankees games, and sort of thinking about it, the idea for MLG came together."
Sepso may sit above most in the esports stadium, but he's still able to spot all the changes from his perch.
"I think you have the new world of the gaming industry ー it's different," he said. "The old genres don't really matter anymore."
He distinguished the most popular titles by their goals, and said "Overwatch" was "built for esports" and Epic Games' phenomenon "Fortnite" was "made for broadcast and streaming."
Of superstar streamer Ninja and his game of choice, he said, "I think it's sort of a symbiotic relationship. I don't think Ninja would be playing 'Fortnite' if there weren't a lot of people interested in watching."
And of course, it's all about the fans.
"I think part of it is he just got really, really good at streaming and developed a really good rapport with this fanbase. And then this game came out, and it was sort of perfectly attuned to him."
But, Sepso said, it's also a matter of skill and expertise. Ninja, among other things, has mastered his craft.
"It's rewarding if you're a really skilled player, and certainly he's got a long history of being a very skilled player and very practiced."
The sports world has been at the forefront of dealing with the pandemic ever since the NBA temporarily halted operations in March 2020 and opted to play in their Florida bubble. As the omicron variant and current COVID surge forces game postponements and player quarantines, how leagues manage to continue operations through the outbreaks could be a sign of what is to come for the general public. Dr. Robby Sikka, chair of the COVID Sports Society Workgroup and a former VP with the Minnesota Timberwolves, joined Cheddar's "Closing Bell" to talk about the ways in which the NBA, NHL, and NFL are innovating amid the disruptions.
Tom Shannon, Bowlero CEO, joined Cheddar to discuss the decision to bring the company to the New York Stock Exchange via a SPAC merger with Isos Acquisition Corporation. Shannon said one of the goals of the public offering is to expand operations internationally, noting that Bowlero has the potential to reach worldwide markets due to the sport's popularity. "Bowling is a global market, and I'll give you an example. In South Korea, there are three million league bowlers and 1,200 bowling centers in South Korea alone," he said.
Stefan Olander, Co-Founder of Omorpho, joins Cheddar Innovates to discuss how they are bringing innovation into athleticwear by creating 'gravity sportswear.'
This year on Black Friday, the National Basketball Players Association launched a traveling NBPA-branded holiday pop-up called 'NBPA 450 Gives.' This was a 14-day long experiential and digital activation showcasing the best gifts for this holiday season, featuring items from black-owned businesses to celebrate Google's black-owned Friday initiative. JD sat down with Brooklyn Nets player, Blake Griffin, who helped launch this initiative.
We're entering a brave new world of broadly legal sports betting. Over 30 states and Washington, DC, have legalized sports betting in the year and a half since the supreme court struck down the federal ban on the activity.
But legalization isn't a simple proposition. The federal law might be struck down but its still up to each state to decide whether to legalize sports betting, and answer a litany of questions that come with it. Should you include online gambling? How much should people be allowed to bet? Should there be limits on advertising for sports betting?
Darren Heitner, founder of Heitner Legal, and Daniel Wallach, founder of Wallach Legal, join None of the Above's "Business of Sports: The Year Gambling Took Over" special to discuss.
Carlo and Baker cover the latest data showing the Omicron wave has likely started, Pfizer's Covid pill, Jan. 6 and a box office rescue attempt courtesy of Spider-Man.
Allegiant Stadium in Las Vegas is slated to be the home of Super Bowl LVIII in 2024. The stadium was completed in July 2020 for a price tag of $1.8 billion.