Why the World’s Top Athletes Are Investing in Esports.
In recent years, the world of esports has emerged as a thrilling domain, capturing the attention of not only passionate gamers but also professional athletes seeking new avenues of excitement and investment. With its unique characteristics and immense growth potential, the esports sector presents a myriad of opportunities for those looking to venture beyond traditional sports. In this post, I will delve into the major reasons why pro athletes should be excited about the esports industry and explore various investment avenues to capitalize on its flourishing landscape.
Reasons:
1. The industry is new and has growth potential: While the gaming industry has been around for decades, the concept of investing in a sector that gives gamers a global reach in terms of what they play, who they play with and how those things come together for an overall experience is relatively new.
2. It is more accessible than standard sports: Esports and the competition entertainment world as a whole have been attracting a growing number of users turned video game players because of their lower participation cost and easier physical access compared to the standard sporting industry.
3. People aren’t outgrowing the industry: While competitive gaming was once seen as being for young people, with images of video game competitions between college students, today’s esports and entertainment industry is not losing its consumers with age.
4. Low-risk investment due to constant evolution: One of the items that was stressed many times throughout the panel was the fact that the esports sector is never stagnant and will constantly be in a state of evolution.
And there are a number of different ways you can invest to benefit from that growth. Here are a few to consider:
Game Developers: One of the most straightforward ways to invest in esports and the videogame industry is to own companies involved in game development. This might include Activision Blizzard, Electronic Arts or Take-Two Interactive (TTWO). These companies own popular games such as Call of Duty, Madden and NBA 2K.
Esports teams: Investing in esports teams is a little bit harder to do because many of them tend to be private companies, but there are some public options. Some European football teams have created their own esports teams and are also publicly traded such as AFC Ajax (AJAX.AS) and AS Roma (ASR.MI).
Gaming Hardware: If you’re looking to invest in the companies that make gaming hardware you’ll likely consider Xbox-maker Microsoft or the maker of the PlayStation, Sony. You might also consider Meta, whose Oculus VR headset has proven to be popular with gamers.
Esports Gambling: Gambling has taken off in the sports world, and esports is no exception. DraftKings Inc. is one of the leaders in sports betting that also offers esports options.
For pro athletes seeking fresh and thrilling investment prospects, the esports sector offers an abundance of reasons to get excited.