In a recent article published by the NASDAQ stock exchange the NBA 2K eLeague was cited as the reason to watch Take-Two Interactive (TTWO) stock. ESports is expected to be a billion dollar industry by 2019 and Take-Two Interactive is leading the charge with the NBA 2K eLeague partnership.
This was the second article published by NASDAQ covering the creation of the NBA 2K eLeague and the first time we have seen a major investment or stock publication reccomending an investment in the new eSports league.
The other eSports industry players mentioned in the article were the obvious choices:
- Electronic Arts – The Madden franchise and it’s existing eSports relationship with the NFL and the expected NFL eSports league we all know is coming soon.
- Tencent Holdings – League of Legends has the largest eSports following in world.
- Activision Blizzard – DOTA2 also has one of the largest eSports followings.
- Lions Gate Entertainment – Lions Gate has invested in eSports and Sponsors The Immortals, a team that competes in League of Legends, Counterstrike GO, Overwatch, and Super Smash Brothers.
Here’s a link to the article on NASDAQ.com – http://www.nasdaq.com/article/esports-is-the-next-billion-dollar-industry-3-stocks-to-watch-cm781377