Riot is losing money on LoL esports, but is that a bad thing?

League of Legends is the biggest game in all of esports, but that doesn’t mean that League of Legends esports is actually profitable for the game's - November 5, 2021

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Is this how Riot reports work? I don't see anything bad here. : r

riot games casually giving +17LP/-29LP 💀 : r/LeagueOfMemes