Finance News

Finance
July 27, 2022

Microsoft’s Gaming Revenue Suffers From $259m Decline, Report Reveals

On July 26th, 2022, Microsoft published a transparent financial report revealing all aspects of the firm’s performance through Q4 of 2022. It was a telling report, explaining how, overall, Microsoft…
Finance
July 22, 2022

Ubisoft Reveals $324m Revenue Report For Q1 of 2022

Ubisoft, the video game titan behind the likes of Rainbow Six and Assassin’s Creed, has published a financial report covering its first fiscal quarter. In the three-month period that ended…
Finance
July 21, 2022

XSET Secures $15m In Series A Funding Round

XSET, a North American ‘gaming and lifestyle’ brand, has announced the completion of its Series A funding round, which secured $15 million in capital for the firm. This is a…
Finance
July 20, 2022

FaZe Clan Goes Public On NASDAQ Following $725m SPAC

Last year, the executives behind FaZe Clan announced their intention to go public with the brand, touting a $1 billion valuation of the company. It was a bold statement, and…
Finance
July 10, 2022

Tencent is shutting down its Steam-competitor WeGame on mobile devices

Chinese technology conglomerate Tencent is shutting down its Steam-like mobile application WeGame. The official website of the app said in a blog post that this was being done due to…
Esports News
June 27, 2022

Activision Blizzard stock still a buy for many amid controversies

Activision Blizzard is one of the biggest gaming developers and publishers, but they’ve had a bad run fairly recently. This is all about to change fairly soon. Up until the…
Mobile Games
June 23, 2022

Axie Infinity continues to crumble, with it the dream of P2E plus Esports

Few months ago, we had the perfect crypto duel game for esports paired with a great two-fold play to earn model. Turns out, neither was perfect, and we have a…
Esports News
February 15, 2022

Esports Net Worth 2022: The Billion Dollar Opportunity of Esports

Last Update on February 16th, 2022 The esports industry is growing faster than ever, and worth millions, in fact no, the esports industry is set to be valued in billions.…
Esports News
November 3, 2021

Twitch Money Laundering – $9+ million thought to be laundered

Twitch has long been a place where streamers seem to bring in huge revenue just for playing video games. While their skills as content creators and esport players justify most…
Finance
October 27, 2021

Facebooks digital wallet and cryptocurrencies attacked before launch

Facebook is an insanely huge company with a net worth in the billions, they are far from without controversy. There have been more scandals in regard to privacy, data protection…
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Esports Finance News

Esports as an industry will likely surpass a $1 billion valuation this year, the opportunity of esports could mean big bucks for brands, game publishers and even players so esports business news is also big news.

Here at esports.net we’ll be following, and reporting on, the most important esports business news with relevance to esports companies, investors, teams and players. Esports finance and gaming financials are being watched closely as the esports industry progresses from infancy to maturity and becomes a major entertainment sector for all demographics as well as a key contributor to global GDP.

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Esports Business News

Newzoo, in its 2020 report, puts esports net worth at an expected $1.1 billion for this year with year-on-year recent growth of 15%. This rapid growth presents an opportunity not just for gaming and esports industry stalwarts but also for brands and investors looking to get in on the latest in consumer entertainment.

For investors, esports investing and esports trading or stock opportunities are of great interest, they’ll be watching esports business news just as closely as we will to identify their next revenue generating investment. For esports and gaming businesses this influx of interest coupled with capital investment will help both ideas and businesses to grow, further fuelling the rise of the esports industry.

Esports Trading and Investment

The growth of the esports industry reached another milestone in 2019 with the first team IPO from Denmark’s Astralis Group. With this, other new IPOs and the growth of publicly listed game publishers and esports companies the market for esports trading and esports stock buying has broadened immensely.

Esports stocks are proving of great interest to both millennial investors as well as investing legends looking to break into such a successful new niche. Some experts believe that esports stocks could be the way to invest successfully for 2020. There’s even the possibility of putting money into Twitch stocks. Video game stocks too are already an established market for investors and the success of esports is driving further interest in video game publishers and associated companies.

For those who haven’t yet gambled on the stock market and aren’t quite ready for the rough ride that can be Wall Street and global market investing, exchange traded funds (ETFs) can be a less volatile bet. A growing number of ETFs target millennial investors and gaming fans. An ETF is an investment in a “basket” of companies rather than just one which can reduce the risk of just backing a single player. Today many entertainment ETFs embrace stocks from the media, gaming and esports industries.

Roundhill Investments launched its NERD ETF in 2019 as a way to invest in the esports industry. It is specifically focused on esports and targets companies directly involved in competitive gaming.

Esports Betting and Esports Fantasy Leagues

A significantly booming part of the esports industry is esports betting and the development of esports fantasy leagues. Betting has always been a key spin-off entertainment of traditional sports and many sports fans like to wager on their favourite players and teams. A step further and for some sports betting is a pastime and income earner in its own right. As esports develops and issues of cheating and credibility are quickly answered esports betting is set to be just as successful as sports betting.

In fact, for 2020, where many traditional sports leagues are cancelled due to Covid-19 and physical distancing esports and esports betting has seen growing interest as those staying at home look to new forms of entertainment. Many esports betting companies are reporting spikes in fantasy league and esports wagering interest across the first quarter of 2020 and beyond.

The Business of Gaming

With some predicting the esports industry could quickly surpass a value of $3 billion in the next few years, esports business is major news. Players and teams have a vested interest in the success of publishers, tournament organizers and of course their own accomplishments. They are also part of a global phenomenon, drawing the attention of all generations and many giant corporations who now see the validity of esports in the same way as traditional sports. Global companies, marketers, investors and citizens see the potential of esports financing, esports investing, esports betting and not to forget – esports participation. There are more gamers today than ever before.

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