What eSports Stocks Should You Bet on in 2024?

The eSports industry was created out of the blue, and now it is one of the biggest industries in the field of gaming and entertainment.

Because of this reason, many people are now approaching it for the first time, even from the point of view of betting platforms and practices. In this article, you can find out more about this matter and make sure to learn all there is to know about what eSports stocks to bet on in 2024.

Microsoft

Let’s start with Microsoft, a famous tech conglomerate that is ever-present in the fields of cloud computing, PCs, social media, and many other aspects. It should also be remembered that Microsoft has a big gaming presence due to its Xbox console. If you are looking for stocks to bet on in 2024 in relation to the field of e-sports, and therefore betting platforms, Microsoft should definitely be on your list of options. The company appears to be very solid, as it came out of the first quarter of fiscal year 2024 with a 40% net profit margin.

Nintendo

If you intend on betting on blockchain and are interested in decentralized sports betting you should definitely consider the success Nintendo has had in the field of eSports. Nintendo has established itself in this field, and in fairness, this company has been around for quite some time, and it has produced many successful games in the last decade. As new games have a wave of support from fans, it is easy for this company to continue thriving like never before. Additionally, this company has started creating and producing movies based on their top games.

Sony

Sony is the creator of the popular Playstation console, and because of this, it deserves a place in this little list of stocks to bet on in 2024. Their shares have gained 14% year-to-date and up to 76% over the past five years. You can see from the success of the PS5 that Sopny will continue gaining market shares and that this company will reward investors in the years to come. Gamers out there, also thanks to eSports, have spent over $2 billion on PS5 consoles, and there is no reason why they should not continue spending on other games, gadgets, and many other Sony products. This is a great company to consider when finding out more about the right stocks to bet on during the year 2024. 

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