Iām just curious around the options open to investors looking to capitalise on the potential growth of eSports over the medium to long term.
Iām aware of key software vendors (Electronic Arts and Activision for example), but more wondering whether there were opportunities to invest directly into the teams, tournaments or industry.
TIA - and Happy New Year!
āInvestingā in teams - isnāt that just gambling?
Not really, bit like investing in Manchester United rather than betting on the results of matches.
OK; I get it now.
They raised there target in less than 10days I just made it
gfinity is on the aim marketā¦they havenāt turned a profit yet though.
ETF - VanEck vectors video gaming and esports
( not on Freetrade yet)
Gfinity are building
Gary Vee had a video up yesterday, heās invested over 7 figures into building a Call of Duty team as he believes in the next 5/10 years eSports will just be as regular as Basketball and the NFL in America.
He was asked the same question about how best to invest in eSports and his reply was āI canāt give specific investments because the big game in 10 years might not be Call of Duty, but letās just say Picks and Shovelsā¦i.e the Infrastructureā
What I took from that is you want to be investing in who makes the consoles, Sony/Microsoft. Who makes the games, Activision/EA Arts. Who are the chip makers? Who supplies the 5g? Who will stream the events?
I might be wrong but thatās the route Iām going down and all of the above I have on a watchlist to invest in 2020
Good idea Jamie
But it would be a good option to be able to invest in E-Sports in general not focusing in specific companies that are related with.
Look at Allied Esports Entertainment Inc. (AESE).
Amazon would be one of the major winners if esports takes of due to so much of it being broadcast via twitch, I have no idea what amount of revenue stream twitch contributes to but I imagine it hardly enough to move the needle unfortunately due to the sheer size of amazon.
Modern times group owns a controlling interest in several esports tournament franchises, they are listed on the Swedish exchanges, DYOR of course, I personally donāt have plans to buy any stock of them (nor have any idea how tbh!)
I guess Tencent are well placed with Riot games and Fortnite, I believe that Riot games runs and broadcasts most of the major league of legends high tier play. Again tencent is massive though so may not be much of a needle mover
One of the tough things about this industry is defining it to an extent and working out where the money is going to go. Games development/broadcast and media/tournaments are all different industries in and of themselves.