For years, people have accused Valve of resting on their laurels. They’ve been saying that Valve is doing the bare minimum and making a huge amount of cash. It seems those people have been right. If new information is to be believed, Valve made a rather cool $1-billion from CSGO case openings in 2023. An astonishing figure, considering each case opening costs just a few dollars.
Case Openings Drive CS:GO Profit
At the tail end of 2023, Valve made the decision to upgrade the original CSGO to CS:GO2. This threw the multi-million player CS:GO into a brand new engine, and gave it a lick of paint too. Of course, this also gave CS:GO a massive boost in popularity.
Anybody who has ever played CS:GO will know that cosmetics drive a lot of the game. People are always on the hunt for brand new CSGO weapon skins, and to grab these skins, they’ll have two choices. They either need to open up CSGO cases (they drop in game, but you must pay for keys to unlock them), or buy the skin directly from Valve’s Steam Marketplace, or one of the many marketplace sites out there. Alternatively, you can look into CSGO accounts for sale, and pick up accounts loaded with some cosmetics already.
Turns out that people love cosmetics, and they’re willing to spend a lot of cash trying to get the cosmetics they want, and Valve has, apparently, earned $1-billion in 2023 through CSGO case openings and commissions on cosmetic sales. A rather cool figure, especially since the running of the game barely costs a fraction of that.
This goes to show that even gamers seem to be against the idea of loot boxes, loot boxes actually make a lot of cash, and they won’t be going anywhere any time soon.
This Doesn’t Tell The Full Story
Remember – this isn’t going to tell the full story about how much money skins actually make, although not all of that is going into Valve’s pocket.
A good amount of trade for the higher valued skins (some of which can cost thousands of dollars) happens away from Steam, and we reckon tens of thousands of dollars per day changes hands on some of the largest websites.
On top of that, people buy CSGO accounts from us to not only get an account they can play with, but a few drops too. This is more cash earned from skins.
Basically – CSGO skins are big business, and as long as CS:GO remains popular, those skins will be hanging around.
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