It is undeniable. It is here and we haven’t seen anything yet.
The world of online gaming and esports is no longer the domain of basement dwellers – and it hasn’t been in years – but mainstream finance people are only now coming to that realization.
Nowhere is that more evident than in the Enthusiast Gaming acquisition of The Sims Resource, the world’s largest female video gaming website. How big?
- 2.5 Billion Page Views Per Year
- $7M Annual Revenues
- $4.5M Net Income
- It generates more than 10% of the total views of Twitch
Now, it is owned by Enthusiast Gaming, which is no slouch either:
- Q3 Revenue $2.8M (record quarter)
- 9 Month Revenue $7.4M (625% increase)
- 75M Active Monthly Users
- Owners of Canada’s Largest Gaming Expo Where 30,000 Attended In OCT 2018
We sat down with CEO Menashe Kestenbaum to discuss the acquisition and the future of Enthusiast in much further detail.
Grab a coffee or your favourite beverage and start taking notes.
Tags: eGambling, egaming, esports, the sims resource, tsx