Thursday, August 29, 2019 2:46:16 AM
Profiting for the rise of E-Sports
"A new industry has emerged and is growing at an impressive rate. Video Games are now bigger than cannabis and have grown into global $139 billion powerhouse.
This industry is bigger than film, music, NFL, NBA, MLB and the NHL combined. Video games and esports are projected to generate as much as US$300-billion in annual revenue in five years time.
Globally there are over 2.5 billion people that play video games and live streaming platforms like Twitch are gaining traction ( Twitch has 15 million daily active users ). To put these numbers in perspective, the finals for the online battle video game League of Legends drew more than twice as many viewers as the Super Bowl did last year.
E-Sports is by far the fastest growing segment of this industry and is gaining significant momentum. In 2018, the global eSports market was valued at $865 million and is expected to reach $1.79 billion by 2022.
symmetrical risk is the concept of taking a risk that will produce a return that far surpasses the risk taken. With such high growth and such a new industry investing in e-sports offers one of the best opportunities in equities right now… especially given that numerous monetization opportunities that have been untapped.
One stock has been gaining momentum and can be great foray into this fast growing space is Versus Systems. This small cap stock is up 40% in the last 6 months and I think has a long way to go from here."
Recent VS News
- Versus Systems to Participate in the 36th Annual ROTH Conference • GlobeNewswire Inc. • 03/14/2024 08:05:00 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 02/28/2024 09:15:32 PM
- Form S-4 - Registration of securities, business combinations • Edgar (US Regulatory) • 02/16/2024 10:32:54 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:15:25 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/09/2024 09:04:05 PM
- Versus Systems Regains Compliance with Nasdaq Minimum Bid Price Requirement • GlobeNewswire Inc. • 01/18/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/12/2024 09:05:43 PM
- Versus Systems Announces Annual General Meeting Results • GlobeNewswire Inc. • 01/03/2024 09:05:00 PM
- Versus Systems Announces 1-For-16 Reverse Stock Split to Aid Compliance with Nasdaq Listing Requirements • GlobeNewswire Inc. • 12/22/2023 09:05:00 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 12/07/2023 08:48:31 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/06/2023 10:19:22 PM
- Versus Systems Announces Strategic Investment from Cronus Equity Capital Group, LLC • GlobeNewswire Inc. • 11/24/2023 01:30:00 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 10/20/2023 08:58:38 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 10/17/2023 09:20:36 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 10/16/2023 09:14:05 PM
- Versus Systems Inc. Announces Pricing of $3.0 Million Public Offering • GlobeNewswire Inc. • 10/13/2023 03:55:30 PM
- Form F-1/A - Registration statement for certain foreign private issuers: [Amend] • Edgar (US Regulatory) • 10/12/2023 06:52:34 PM
- Form F-3/A - Registration statement by foreign private issuers: [Amend] • Edgar (US Regulatory) • 09/22/2023 08:00:51 PM
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