CNBC Sees Esports Market Booming

CNBC Sees Esports Market Booming

CNBC is reporting that the global esports industry is on fire and, now, some investors are getting excited about the industry.

The article highlighted Tim Seymour, co-founder and managing partner at Triogem Asset Management, a hedge fund, who was speaking on Fast Money on Monday.

Seymour pointed to the participation of large-scale media companies as proof of a growing industry: The Walt Disney Company broadcast the “Overwatch” games on ESPN.

“The fan base is rabid,” said Seymour, who is also a CNBC contributor. “The excitement is there. And it's all demographics. It's not just guys. It's not just girls. It's not just young folks. It's old folks.

Continue Reading the original story on CNBC.com.