Data crunchers Newzoo has released a new report to paid subscribers revealing a belief that eSports revenue for 2016 will grow to $493m by year end, a 7% growth on the original forecast made at the turn of the year.

The men in white lab coats over at Newzoo have released some promising news for those paying a subscription fee for the up to date knowledge of all things eSports numbers.

It was a Newzoo subscription or my annual subscription to Stamp Magazine, and there was only ever going to be one winner. Fortunately, Newzoo has leaked enough information from the report to the poor, with the main talking point being an increased revenue forecast for the remainder of the year.

When Newzoo released their Global eSports Marketing report at the turn of the year, they predicted eSports revenue would reach $463m by year end. The latest forecast puts that figure at $493m, a 7% increase since January and a projected 51.7% increase year-on-year.