Gaming Industry ETF

See: Exchange-Traded Fund (ETF).

You and your buddies are planning a trip to Las Vegas, but there are too many places to choose from. You wonder to yourself “How could there be so many casinos? Where did all their money come from?”

Sure...some of the money came from bachelor parties, the avid gambler, tourists, etc. But most of them got their funding from other companies who wanted to cash in on the success of Las Vegas casinos.

Xbox and Playstation get the same kind of funding to help develop awesome games like Tomb Raider and Overwatch. Other companies see the success of gaming companies and say, “Dude, I want in on that.”