Are gaming stocks just for gamblers?

Dusseldorf The gaming industry is currently making headlines every week with mega deals. On Monday it was announced that the Savvy Gaming Group (SGG) is taking over the Cologne-based e-sports organizer ESL Gaming for a good one billion dollars.

A week earlier, Microsoft announced it would acquire game maker Activision Blizzard for nearly $70 billion. And a week before that, the publisher of the video game bestseller “Grand Theft Auto”, Take Two Interactive, announced the takeover of the browser game provider Zynga for more than twelve billion dollars.

The gaming industry has benefited massively from the corona pandemic, as many people have been looking for new ways to spend their free time during the global lockdown and have found what they are looking for from mobile game providers and classic game manufacturers.

Anyone who invested in the “Video Gaming and eSports ETF” from the US fund provider Van Eck at the beginning of the pandemic was able to earn a return of almost 70 percent in the meantime. Hardly any other index fund performed so well in 2020.