Depends on the bug. Sticking to League of Legends as an example, is it really the worst thing if they have to disable a champion for a day or two to fix a bug? Not really. It still happens fairly often, and the impact is inconvenient but it's not the end of the world. Now how about a bug that prevents logins or crashes the backend? This completely take the game offline.
These sort of downtimes hurt customer satisfaction and the bottom line. If serious issues arise often enough, customers lose confidence and patience and may leave your product for a competitor. And while you're offline trying desperately to rush a fix, you're losing revenue.
If the service/product you're offering has competitors, quality matters. Sometimes it's not even the measurable quality, but the perception your customers have. Find me a business owner who thinks major bugs in production are not "a huge problem".