Americans, and the world over for that matter, love watching and playing sports. Whether it be baseball, football, soccer l or hockey, our love affair with sports has turned it into a multi-billion-dollar industry. We spend billions of dollars on tickets and special TV packages to watch sports as well as pay for the equipment and gear to play them.
However, these days, traditional games have taken a backseat to more digital versions.
eSports and video games are quickly turning America’s favorite pastime into a relic of the past. Video games are hot, and its growth doesn’t look like it’s ending anytime soon. And with revenues and spending gaining critical mass, the eSports sector looks like it’s here to stay. Given the subscription models many of the top gaming firms use and the high cash flows they generate, dividend investors may want to take notice.
The growing world of eSports is here to stay, and that could lead to some pretty hefty gains for portfolios over the long term.
How can dividend growth stocks help fight inflation? Find out here.