What is WESA and what WESA means for eSports

The gaming scene is growing at a rapid pace and in Counter-Strike a new association has been formed, the World Esports Association (WESA). In this article we explore what WESA is, the implications and benefits it brings to all stakeholders and the outlook of eSports.

WESA in eSports: what is WESA?
WESA stands for the World Esports Association and was announced to the world on 13 May 2016 and currently only covers teams which play professionally in Counter-Strike: Global Offensive. The association aims to help professional players have more of a stance in their respective teams and ensure there's a better revenue split among teams - at least that's the aim.
The WESA brings together some of the biggest teams in Europe:

Fnatic
Natus Vincere
EnVyUs
Virtus.pro
G2 Esports
FaZe
Mousesports
Ninjas in Pyjamas
However, some big teams have been omitted from the initial announcement, such as Astralis from Denmark and all the other major teams which reside outside of Europe, such as Luminosity Gaming, Tempo Storm, Liquid to name just three out of the many non-European teams.
The omission of key teams has a lot of people baffled and somewhat angry at the way the WESA has been set up.