Semmler: "I think BLAST's main investor is the Danish state"
Caster and analyst Auguste "Semmler" Massonnat in the Revenge of By the Numbers podcast shared a rumor about the Danish government being the main investor of BLAST. He spoke about it during a discussion of the prospects for BLAST as one of the possible organizers of a Major.
I think their (BLAST's) main investor is the Danish state. They are getting a lot of money straight from Denmark to support. Denmark is mega progressive when it comes to esports and gaming and all that. They give a lot of support to the students, they give a lot of support to schools, and they give a lot of support to companies that work in this space. I think that was where BLAST were leaning. Myself cynically at the time, I was just saying, well, it's going to be kind of hard for them to die if they've literally got the government backing them. There is nothing more permanent than a government program.
This would be a big deal if BLAST were able to pick it (Major) up. The whole idea behind it was that Majors are too costly to run, and you don't make a profit off of it, and it's just the overhead is too much. So if you're not one of the big players like the ESL or even the PGL, you are not going to have the funds to run a Major, which is why we always kind of said that BLAST are just not going to jump in because they're in Denmark. It's one of the most expensive places to run a business on the planet, it's one of the most expensive places to live on the planet. In terms of cost of running events, it's really expensive compared to running something in Romania, for example, the way PGL does.
Earlier, analyst Chad "SPUNJ" Burchill in the HLTV Confirmed podcast reported on a possible Major by BLAST in 2023. According to his information, another Major next year could be held by the Chinese company Perfect World.
In a recent interview, BLAST Managing Director Charlotte Kenny spoke about her company's willingness to host a Major. At the same time, the head did not specify whether the corresponding application was submitted to Valve.