10 Best Gaming Stocks to Invest In According to Billionaires

7. Roblox Corporation (NYSE:RBLX)

Number of Billionaire Investors: 10

Number of Hedge Fund Holders: 61

Roblox Corporation (NYSE:RBLX) is an American video game company that developed Roblox, an immersive gaming and creation platform. This versatile gaming platform allows users to design, share, and play millions of games created by users. Roblox Corporation (NYSE:RBLX) primarily generates revenue through in-game purchases that use Robux, the platform’s virtual currency. RBLX ranks among the best gaming stocks to buy.

The corporation is actively working to achieve its goal of capturing 10% of global gaming content revenue. Roblox Corporation (NYSE:RBLX) is investing in improving app performance and AI to create a better user experience. In Q4 2024, the company introduced innovative tools like Avatar auto-setup, an AI-powered tool that transforms 3D avatar models into fully functional Roblox avatars with skinning, boning, and facial animation support. Roblox Corporation (NYSE:RBLX) also fully launched Roblox Assistant to enable conversational creation within Roblox Studio. Such initiatives help the company drive higher engagement and grow its platform. Roblox Corporation (NYSE:RBLX) reported that average daily active users reached 82.9 million in 2024, up 21% compared to 2023. Hours engaged in 2024 reached 73.5 billion, up 23% year-over-year.