The new facility, called "The Ranch House," will include private livestreaming rooms, a performance stage for tournaments, content production and a rooftop party deck.
"It was pretty awesome. I had the opportunity to really engage with some millennials, which I never really actually do," Tyson told ESPN on Thursday. "This is the first time, and I thought it was pretty awesome. We played Hearthstone. I really sucked real bad. You have to start somewhere. I played games before, so I'm going to start over and see what happens from here."
It seems like investing in eSports teams is becoming a growing trend for celebrities. The former boxer will be joining a surge of personalities who have been making the leap into esports including Rick Fox, Shaquille O'Neal, Stephen Curry and much more.
The eSport industry continues to become a new frontier for investors looking to capitalize on the future of sports. In 2019, the industry is projected to eclipse $1 billion in annual revenue, according to a report by analytics firm Newzoo.