I'll believe it when I see it. League is a business in which Tencent owns the majority of the shares in. League is already extremely popular and while spending money on more servers would give Multiple regions of NA a better connection the cost would need to be taken care of by increasing its amount of players so that those players do spend money to help the cost of the servers and/or the current players will need to spend more RP. That last bit just isn't happening.
This isn't a stab at Riot. Its a business and its goal is to make a much money as possible without spending more money than it needs to.
Adding in more servers may increase its player count but it wouldn't exponentially increase the rate in which players buy things. League already has a huge amount of players. People tend to want free shit.
Its true Tencent doesn't exactly control Riot but they can just as easily do so and will do if they can save money or if they begin to lose money.
League of Legends is a game you don't have to spend a dime on. All Riot can do is put out content so that players can help support the game and pay for it, for the players that don't want to or can't spend money on League of Legends.
I'm not saying Riot won't ever add more servers but honestly, I don't blame them for not adding them. The amount of players that play league that barely pay anything is a huge amount compared to those that do.
league needs to also imo add in more cheap and affordable skins. Being able to buy 1 color swap instead of huge bundle of 3 would be nice. To this day I haven't bought a chroma skin bundle because I normally only like 1 of the color swaps in each bundle. I refuse to pay for extra color swaps I don't want to get the one I do want.
I've already spent over $1800 on this game. Im starting to get to the point I need to refrain from making needless purchases for content I won't ever use. I bought Arcade Riven for some reason and can't recall if I have ever played as the champion ever, other than maybe 1 aram game.