|
about a year ago I was working with a guy who is probably the 3rd or 4th best Halo player in the world ...
started following him on Twitch, he actually won the X-Games Gold Medal (LOL) in Halo. I realized how big kids were (10-18) in watching other people play video games. They were getting MASSIVE crowds - selling out stadiums - shit, I was watching on Twitch and it was THRILLING - like watching football, or basketball ...
Pro Gamers. No joke.
I wanted to figure out how to invest in e-gaming (and it's still in it's infancy) ...
well Activision acquired MLG (major league gaming) which is mostly known for Call of Duty tournaments (which are huge) for like $50M early last year and they plan on launching a network and they think it'll grow into a HUGE industry.
The best I can liken it to is I think it'll be the next UFC. I think it'll be huge. On top of that, they acquired King Digital (Candy Crush) for $6B and Activision is the exclusive e-gaming rights with Facebook ...
add that into the fact America is spoiled and now every game has expansion packs and in game buying for all the 12 year old idiots to spend from their mom's credit cards ... instead of games being a flat $50 like they were a decade ago ... you buy Overwatch for $60 and then spend another $500 on map packs, expansion shit, etc ... it's never end spend.
Investing in video games is the way to go. Activision and EA are awesome longs.
But yeah, I truly think, within 5 years, e-gaming explodes. Most 25 and under aren't investing and have no market influence ... so e-gaming, and I could be wrong because I'm a n00b, I feel ... is flying WAY under the radar.
They acquired MLG for $40M ... if it's worth $5B in a few years? That seems like a good ROI, no?
But yeah, any time I have a few extra bucks I'm buying more and more and more ATVI Stock. I truly think it's a great investment.
|