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Barb Oguz

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Last Update: 10 Nov 2022, 16:55

Why 2020 is the Best Time to Invest in iGaming Stocks

iGaming isn’t a novelty in 2020. But the demand has been steadily rising over the last six months due to self-isolation regulations following COVID-19. Multiplayer Online Battle Arena (MOBA) is the second most popular online gaming genre today, introducing a new generation of gamers to the world of esports.

The iGaming industry has registered non-stop growth in the last decade and the trend shows no signs of slowing down anytime soon. Even if the market finally saturates, it will probably take a couple of decades to bottleneck. However, that is irrelevant to most of us today.

The internet introduced online gambling to enthusiasts from around the world. And with the global population on the rise, there’s no reason to predict a slump in the iGaming growth curve anytime soon!

Market Analysis and Scope for Investment

If you’re anything like us and are always on the lookout for investment opportunities, now is the ideal time to enter online gaming stocks. With pandemics and global meltdowns expected to be commonplace in the near future, the internet is only going to thrive well beyond our wildest projections.

While studying the deep anatomy of cryptocurrencies can be a headache when trying to balance between a steady job, family, and social life. The iGaming industry is a lot more predictable and features fewer risks, which are the key makings of an ideal investment opportunity.

iGaming Creates the Perfect Investment Opportunity

The iGaming industry is one of the largest sources of revenue worldwide among the online gaming niche. its popularity already overshadows land-based casinos in some of the most prominent gambling destinations in North and South America, Europe, Asia, and Oceania. Apart from a few regions where gambling is illegal, most countries are slowly opening up to the idea of online casinos.

It’s hardly surprising to watch iGaming stocks soar in some of the most prominent marketplaces, including NASDAQ and LSEG to name a few. Thus, triggering a chain reaction covering iGaming studios and software developers that form the backbone of the industry. For instance, check out NetEnt and Evolution Gaming on NASDAQ Stockholm, and Playtech at the London Stock Exchange.

With the growing demand for cryptocurrencies, numerous blockchain ecosystems are expected to mushroom within the iGaming realm in the next decade. Massive developments in Virtual Reality is also projected to revolutionize iGaming forever! All this is exciting news for the industry and bodes well for investors, who’re smart enough to get in on the action before the prices begin to soar!

If you’re an active participant in popular MOBA or reliable online casinos, it’s time to take an interest in iGaming stocks. Learning the ropes of the trade before taking the plunge is crucial for long-term survival. Hence, it only makes sense to start early.

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