Having become one of the biggest and fastest growing entertainment mediums, gaming now forms an accepted part of our daily lives. Most of us will already be aware of the major players within the industry, already featuring prominently on the Wall Street stock exchanges.
For those of us who look to the industry within the scope of our portfolios, there are numerous interesting ways to get involved. As we look to invest in the diverse and varied gaming sector, these are a few options that may just grab your attention.
Analyzing the Latest Video Gaming Startups
Now that playing video games has become a mainstream pastime, not to mention hugely profitable for many of the leading developers and publishers, as revenues and sales consistently grow year on year. Many industry analysts forecast the gaming space will grow to $293B by 2027, which inevitably attracts many investors.
According to studies into video game startups via Exploding Topics researchers, new companies in the games industry are enjoying phenomenal growth. One example is Gala Games in San Francisco, achieving 750% growth over the last 5 years, based upon their platform built around blockchain and in-game player-owned assets.
Perhaps just as importantly, the gaming industry has now surpassed the movie and music industries, both in terms of revenue potential and growth. Key to this growth is focus on emerging markets and rapidly evolving technologies.
Using Crypto to Directly Fund Our Own Gaming Enjoyment
People often compare the trading of stocks to gambling, and while there are certainly important differences, the two spheres of activity also share plenty of common ground. Any investment requires careful study and analysis, before going all in. The same is true for poker, which requires critical thinking and good strategy.
Now that cryptocurrency poker deposits and withdrawals are available, based consistently updated reviews and analysis provided by the Legal US Poker Sites team, we can find the best places to play and guides to making the most of our experiences. Using blockchain technology, transactions are also safe and anonymous, while payouts are also much faster than bank transfers or usual methods for sending and receiving funds.
Some people simply play poker for fun, whilst others turn their gaming pleasures into a profitable enterprise, focusing on tournaments events. But just like any investment, plenty of research and study always helps towards achieving success.
Focus Towards Established Corporate Gaming Entities
Given how prominent the gaming sector has become globally, exchange-traded funds (EFTs) offer a convenient way to participate directly in the industry’s growth, acknowledged an insightful NASDAQ report last year. This highlighted some of the most popular EFTs and how to invest, featuring many of the most famous brands.
The scope of the gaming industry is also very broad, both in overall scale and the variety of niches. These range from hardware manufacturers to famous video game developers and publishers, along with additional sectors that have enjoyed huge growth, such as the eSports and iGaming sectors.
Specifically, trends towards eSports have been outstanding, as competitive gaming engages and entertains participants. Meanwhile, the iGaming industry is booming across the United States, as legal online sports betting and casino gaming become more widespread.
Aiding the Rise of New Independent Games Developers
Every gaming idea has to start somewhere, and not every developer has the luxury of their concepts being snapped up by major software companies. Instead, they seek alternative ways to encourage finding, often using crowdfunding platforms such as Kickstarter to promote video game projects.
Considering the relatively small investment most people make, they are an interesting way to engage directly with the developers. For those donating and contributing funds to crowdfunding campaigns, project milestones are the way to track progress, as the developer works towards their finished product.
Getting involved with indie developers early can also present further opportunities. Completed projects may often attract the interest of large corporations, which is undoubtedly appealing for serious investors, whenever they view strong potential.