Busan, South Korea (June 10, 2025) – The International Esports Federation acknowledges the concerns raised regarding the 15% deduction in prize pool payouts to certain winners of the World Esports Championship 2024.
We want to assure all stakeholders that this matter has been thoroughly investigated and resolved, and we remain committed to the highest standards of transparency.
Differences in accounting systems, invoice timing, payments, and financial balancing have led to temporary imbalances in the financial records, and both financial teams have reconciled these discrepancies. We acknowledge that our trusted host and financial partners fulfilled their obligations in accordance with agreed timelines and protocols.
Following close coordination between both financial teams, all discrepancies have now been addressed, and prize distributions are being updated to reflect the full amounts owed. As part of IESF's governance framework, the Audit, Risk, and Governance Committee is conducting a final review to validate the resolution. Once complete, all affected nations will receive the remaining balance of their prize winnings without further delay.
IESF reaffirms its dedication to transparency, accountability, and close collaboration with all member nations and partners. We appreciate the patience and understanding of the esports community as we bring this matter to a close.
About the International Esports Federation
IESF is the uniting body for World Esports. Founded in 2008 by nine member nations, IESF comprises 151
Member Federations across six continents. IESF brings together all esports stakeholders to achieve a united ecosystem for the development of sustainable and responsible gaming worldwide. The IESF WE Championships is the biggest multi-sport spectacle of esports in the world. IESF also organizes the annual World Esports Summit to support the highest standard of esports governance worldwide.
Website: iesf.org
Twitter: @iesf_official
Instagram: @iesf_official
Facebook: IESF
LinkedIn: IESF
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