Agreed.
It's a fair point, but there's definitely more to the history.
Ten years earlier, let's look at 1997:
- Final Fantasy VII
- Castlevania: Symphony of the Night
- GoldenEye 007
- Banjo-Kazooie
- Fallout
- Age of Empires
- Diablo
- Star Wars: Shadows of the Empire
- Grand Theft Auto
- Planescape: Torment
And crucially... It was 2000 when we received Counter-Strike. This game undoubtedly started the competitive gaming scene, and opened up new avenues for expansion and profitability, with the potential of vast sportlike eyeballs and sponsorships.