This year's most eagerly anticipated e-sports event, the Fourth League of Legends World Championships, was held in Los Angeles on Saturday evening. And the legendary team of SKT from South Korea won its third world title. May Lee reports.

It's a mass annual pilgrimage to see their favorite teams compete in a climactic contest.
 
It's the fourth League of Legends World Championships, a wildly popular video game that's played by a hundred million people monthly and a majority of them are in Asia. So it's no surprise the finalists are both South Korean teams. Underdog Samsung Galaxy and two-time world champion, SK Telecom.

Fans who've come from near and far, some in full costume, are unabashed about their obsession for the game. 

And to this sold out crowd at Los Angeles's Staples Center, watching these professional esports athletes with online aliases like "Faker" and "Ambition" virtually duke it out, is the ultimate experience. 

"Last year, more than 334 million viewers tuned in online over the four week period of the word championships. The finals drew in 36 million. That's more than tuned in for the Stanley Cup Final, the World Series, and the NBA finals combined," May Lee said.

Riot Games, creator of League of Legends, was fully bought out by China's Tencent in 2015 after gaining majority control in 2011. That investment will likely pay off handsomely given the Esports industry outlook. By 2019, revenue is expected to smash a billion dollars. Speaking of smashing, after a grueling 5 game, 6 and a half hour tournament, SKT won their third championship in four years.

SKT will take home a chunk of the $5 million prize pool, half of it donated by fans. Not a bad payday for a team whose average age is 20 years old. 

Lee "Faker" Sang-Hyeok from SK Telecom, said, "This series was really the hardest we've ever had to compete in and we were exhausted, but we were able to overcome the challenges and win."