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As a result, Riot Games established its own League of Legends esports leagues which produce weekly broadcasts and create a professional game schedule. In June 2025, Riot Games announced the closure of Hypixel Studios, the development team behind the sandbox game Hytale, which the company acquired in 2020. In the same month, it suffered a cyberattack that stole source code for League of Legends, Teamfight Tactics, and an anti-cheat platform. In October 2022, Riot acquired Wargaming Sydney—a subsidiary of Cyprus-based Wargaming that had originally developed the MMO middleware BigWorld—for an undisclosed amount, and renamed it Riot Sydney. Riot acquired Hypixel Studios in April 2020, which it had been investing in over the previous eighteen months to help it publish Hytale, a voxel-based sandbox game.
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- It was founded in September 2006 by Brandon Beck and Marc Merrill to develop League of Legends and went on to develop several spin-off games and the unrelated first-person shooter game Valorant.
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