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Enthusiast Gaming Holdings Inc (CVE:EGLX) CEO on eSports Boom

1,087 views · Published 12 October 2018 · 15:47 · Indexed 14 November 2026

Channel: Midas Letter · 2018 · News & Politics

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Enthusiast Gaming Holdings (CVE:EGLX) CEO Menashe Kestenbaum explains that eSports refers to virtual versions of traditional sports that has recently reached mainstream audiences. As Kestenbaum notes, more people are watching gaming on digital platforms such as Twitch than playing. Kesetenbaum believes with increased corporate investment in eSports leagues and tournaments, eSports will eclipse traditional gaming. Enthusiast Gaming owns one of the largest gaming content networks online, where its 75 million users can consume content similar to how sports fans consume content on sites such as ESPN. On its network, Enthusiast Gaming has 85 sites, including Destructoid, a website for gaming news and reviews with 5 million monthly visitors. Enthusiast Gaming’s revenue has grown exponentially and the company now earns $1 million per month and owns one of Canada’s largest gaming conventions.

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