Canadian video game companies generated an estimated $3.6 billion in revenue in 2019, indicating a 15% jump from 2017. The study attributed 41% of the video game industry’s revenue to intercompany/transfer pricing, with notable emphasis on this during development cycles. It is no surprise that the video gaming industry fared well during the COVID-19 pandemic-ridden 2020. Remote lifestyle and social distancing policies, combined with rising cases of coronavirus daily, motivated people to remain indoors, making online gaming one of the top choices for entertainment. The gaming industry has not only recognized the growth potential these […] There are several high-quality Canadian stocks for investors to consider today, but one that’s getting a tonne of attention recently, and for good reason, is Score Media and Gaming (TSX:SCR). Save Article The Canadian eSports stocks we’ve found are emerging players in the gaming industry with significant upside potential. SmallCapPower | March 13, 2019: eSports companies are major players in the burgeoning US$140B gaming industry, with revenue expected to reach US$1.8B by 2022.Defined as competitive multiplayer video gaming in which spectators watch professional gamers play, the Video games are seeing a big surge in usage during the COVID-19 coronavirus pandemic as consumers stay at home. That’s raised interest in video game stocks, including esports stocks. For investors, the growing video market is split into three main sectors; stocks of gaming publishers, stocks of esports companies and the stocks of tech firms have certain exposure to the industry. The first The Canadian eSports stocks we’ve chosen stand to benefit most from the emerging eSports industry in 2020. SmallCapPower | January 9, 2020: Esports is undergoing a transformation. Video games such as Fortnite, League of Legends, and Overwatch have taken the world by storm. 9 Canadian Esports Stocks Dorothy Neufeld - June 4th, 2019 With esports events for games like DotA 2 selling out arenas in minutes, the esports industry is blossoming in Canada. TIPS FOR INVESTING IN GAMING STOCKS. Video games have come a long way. With the industry going digital and mobile gaming generating huge revenue, things are moving fast. Like, real fast. Here are a few important things to keep in mind when comparing companies: What Products Are Coming Out, And On What Platform Video gaming is a major contributor to the Canadian economy, with several of the world's biggest publishers keeping studios in the country. There are over 470 video game companies currently active The video game industry is a large, fast-growing market that still has lots of potential. Top players in the space have thrived this year amid conditions created by COVID-19, and the impressive
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