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HomeStocks NewsGaming Stocks: Are They Worth Investing In?

Gaming Stocks: Are They Worth Investing In?

There is an entire world of opportunities for you out there if you love stocks and are wondering where to invest next. Esports or competitive video gaming is certainly a prime opportunity for your lingering savings to be sunk into at a very good return for early adopters and a steady financial stimulus for stakeholders who invest smartly. That is not surprising, as esports is already attracting top dollar from companies such as Coca-Cola, KFC, BMW, KIA, Amazon and many other multi-billion investors. 

One aspect of the esports experience is focused on betting. Sportsbooks are slowly beginning to adopt esports betting products and this is not at all surprising. Similar to mainstream sportsbooks, and specifically those that offer odds on popular sports, such as  handball betting odds or soccer, or basketball, esports betting agencies try to provide the players with the best possible experience.

Now, there is no real difference between placing handball bets and esports bets. The mechanics are the same and all you need to do is find the right esports betting website. To circle back to the investing opportunities, though, there are plenty of stocks you can invest in that relate to esports, whether this is betting or something completely different. 

Investing in Esports Stocks Makes Sense 

The growth of the esports market has been unstoppable with the industry topping $1 billion in 2020. There are two main ways to go when it comes to investing opportunities in esports. You can either bet on the franchises, such as teams. Cloud9 and Team Liquid, and even 100 Thieves are some of the most prominent names to back up right now.

100 Thieves has investment from Drake, which is already a huge testament to the IP’s power to attract powerful investors and get outstanding backing. Now, if you are looking to invest in specific companies, there are some stocks that you simply must check out first.

In terms of investment opportunity, we think your best bets are companies like Activision Blizzards and Tencent. However, a recent decree by U.S. President Donald Trump may have affected Tencent disproportionately, so you might be better off holding on investing in Tencent or buying their stock for at least a little while longer.

Other worthwhile stocks to buy include Electronic Arts and Take-Two Interactive. Huya is another Chinese streaming giant and definitely a big name in esports. For all intents and purposes, buying stock in Huya is the smart thing to do. However, the recent economic war between the United States and China is making it more difficult for investors to be quite sure.

Right now, most investors are choosing to stick with established IP’s which are specific esports teams. Even big companies are pouring their investment in teams, and not platforms. There are already many teams to prove that they can achieve longevity and generate great venue for potential investors.

All you need to do is choose one and make the right call. Rest assured that esports is a smart investment to make and you can make it today. 

Morris is a Technology enthusiast and a writer by night. He has been a part of eTrendy Stock for quite some time and he contributes knowledgeable news articles from the Technology niche. He attended a technical school in Florida.

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