Investors Winning Big in Esports 🎮

Investors Winning Big in Esports

Kids aren’t dreaming of becoming actors and actresses anymore. Everyone wants to be a professional esports player! Millionaire gamers are playing competitive video games in front of packed out arenas, while investors are playing the markets for their share of the spoils!

At over 5,000 esports tournaments worldwide, the average prize pot has grown to $30,000. However, with managers working behind the scenes, some gamers are walking away with even more than that. At the Fortnite World Cup final this year, a 23,000-seater stadium hosted 100 celebrity gamers hoping to win a $30 million prize pool. Now we’re talking!

Most of the money pumped into esports comes from advertisers, which range from Mercedes-Benz to Microsoft. Sponsoring players, teams, and tournaments, is a smart way to drive young males to your brand, but merchandise in the form of team jerseys and stickers, also bring in big money. The question is, how can a noob investor get in on the action?

Until now, the only answer was through private equity. That means picking up the phone and bartering directly with a company. Luckily, times have changed. Thematic exchange-traded funds (ETFs) are sprouting up left, right, and center. Essentially, a fund manager scans company filings for words like ‘competitive gaming’ and ‘esports’ before compiling a ready-made basket of every company involved in the business. It’s a bright idea, but done-for-you funds take away all the fun! 

The bottom line is that esports has arrived on Wall Street, so expect to hear plenty more about it in the months to come!

Share:
More Posts
OPEC’s Decision 🛢

OPEC leaders just hosted an important late-November meeting that may signal a change in strategy.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.