League of Legends esports is still not breaking even

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Riot Games' League of Legends esports division still hasn't turned a profit, the developer's senior director of esports operations stated this week.

Speaking to Axios at the League Championship Series Summer finals last weekend, Raul Fernandez said Riot Games were "trying to find their footing" and "a way to refresh our league" in light of declining viewership numbers.

The LCS Summer finals saw a 21.8% drop in peak viewership compared to the LCS Spring finals, according to esports statistics site Esports Charts.

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