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Compliance Updates

Greenberg Traurig Forms Video Game and Esports Group: Team To Address Legal Needs of Clients in Billion-Dollar+ Industry

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Global law firm Greenberg Traurig, LLP has harnessed the collective competitive video gaming, or esports, experience of a core group of attorneys, to create a multi-office, cross-practice team that can serve the legal needs of clients involved in the billion-dollar-plus industry. Greenberg Traurig’s newly established  Video Game and Esports Group will be headed by Steve Walkowiak and P. William Stark, litigation shareholders in the firm’s Dallas office.

The new group, founded with approximately 20 attorneys from across the firm, will leverage the firm’s deep industry knowledge in several areas, including emerging technology, intellectual property, corporate and securities, stadium development, media rights, and litigation. The Video Game and Esports Group will also draw upon the experience of Greenberg Traurig’s Global Gaming and Sports Law Practices to address the industry’s many facets.

“This type of cross-pollination enables the firm to provide tailored solutions while proactively navigating opportunities or challenges that can arise,” Stark said.

The group currently represents esports teams and game developers across a multitude of legal needs, ranging from governmental regulation and antitrust to employment and policy initiatives.

Esports is estimated to be a billion-dollar industry and growing,” Walkowiak said. “As the business and legal landscape of this exciting industry continues to evolve, our goal is to expand on what we can offer clients with a broad range of experience and resources leveraging our expansive knowledge with this industry specific focus.”

Esports involves multiplayer video gaming played competitively for spectators, typically by professional gamers. According to published reports, the industry recently experienced a resurgence, thanks to faster online streaming capabilities, big-name investors, and a global audience that continues to grow into the hundreds of millions daily.

The relocation of world-famous esports teams to major cities across the United States is also reported to be spurring development of new startups and large-scale real estate projects. In November, the city of ArlingtonTexas opened a $10 million, 100,000-square-foot facility called Esports Stadium Arlington—making it one of the largest esports stadiums in the U.S.

Stark said that he believes “the legal needs of clients are dynamic, and it is important for the firm to be adaptive and strategic in how we solve those needs. Adding a video game and esports group allows us to draw from our existing expertise and develop viable solutions for clients involved in this sector.”

About Greenberg Traurig: Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 38 offices in the United StatesLatin AmericaEuropeAsia and the Middle East. GT has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017 and is among the Top 20 on the 2018 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.

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