5 ways to cash in as ‘e-sports’ becomes more popular than pro football (via JeffReevesIP)
Picture this scene: High-priced athletes with their faces set in grim determination, screaming fans showing loyalty with branded gear, millions of people watching at home. Are you imagining a video-game competition? If not, you may want to get with the times.
No wonder investment bank Goldman Sachs has estimated that the global audience for e-sports will reach 385 million viewers a month by 2022, topping traditional sports including the NFL! The simplest way to invest in the video-game megatrend is via the ETFMG Video Game Tech ETF GAMR, +0.14% This is admittedly a niche fund, but it's pretty legitimate, with more than three years of market history and roughly $100 million in assets under management.
The company owns Riot Games, publisher of “League of Legends,” which was one of the first global e-sports megahits a few years ago. It also owns 80% of Grinding Gears Games, which publishes the popular “Path to Exile” franchise, and 40% of Epic Games and its iconic “Fortnite” title that just topped 250 million players worldwide. Moreover, the company also has minority stakes in legacy studios including Activision Blizzard ATVI, +2.58% and Ubisoft Entertainment UBSFF, +1.
Recent talk of a big move into China to boost sales bodes well for Nintendo’s continued growth, too, as do rumors of a revamped line of Switch consoles targeting both the higher- and lower ends of the gaming market to broaden reach and keep hardware sales humming along.Semiconductor firm Nvidia Corp. NVDA, +1.17% made a name for itself in the PC-gaming space with its popular graphics cards, and remains the go-to option for those who want cutting edge graphics and technology.
Going forward, Nvidia stock is sure to be more closely aligned with its core hardware business. The company has called its new RTX graphic platform as its biggest leap forward in 15 years, and its recent investor day presentation showed a five-year growth rate of 29% in gaming hardware revenues — including 59% year-over-year revenue expansion for its fast-growing laptop gaming segment.
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