Young Venezuelans aspire to gaming stardom despite obstacles

CAGUA, Venezuela: Gamer Gabriel Parra was ecstatic to see himself hailed as the"Venezuelan star" after scoring the fastest time in an international Formula 1 eSports racing competition in May.

He is one of some 3,000 young Venezuelans competing in the multi-million dollar"eSports" industry, a lucrative business with international signings, prizes and millions of viewers which has started to boom in the Andean nation, despite economic chaos, poor internet connection, power failures and local restrictions on war games.

Venezuela has long suffered hyperinflation under the presidency of socialist Nicolas Maduro. Although it has somewhat slowed this year, its annualized inflation rate of 167 per cent in May remains among the world's highest. Globally, most players who sign with eSports teams can earn salaries ranging from $200 to as much as $10,000 per month, plus prizes, according to data from the e-sports federation.

Source: Gaming Daily Report (gamingdailyreport.net)

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