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Message: Traditional Sports Have An Unstoppable Esports Problem - The March Of Time

 

Professional sports leagues like the NFL and the NBA are about to face a major challenge called “the march of time.”

Young Americans, or “millennials,” (the generation that was born from the mid-1980s through the early 2000s) are split in terms of their loyalty to traditional sports and competitive video gaming, according to an LEK Consulting survey. While 18 percent are undecided, 40 percent of millennials prefer esports compared to 42 percent who still favor old-fashioned athletics. A variety of factors can explain this parity (such as the rise of smartphones, the free-to-play business model, or Twitch), but whatever the reasons, LEK points out that established sports leagues officially have a millennial problem.

“Though they represent a large and increasingly integral segment of the U.S. sports fan base, millennials bring to the table a unique challenge,” LEK managing directors Alex Evans and Gil Moran write in the survey. “Unlike their Baby Boomer and Gen X predecessors, millennials follow a much broader range of both traditional and alternative sports as adults, and despite having less time on their hands, have a far greater selection of viewing alternatives.”

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GEORGE's COMMENTARY

"The March Of Time" is about to become a major problem for the NHL, NFL, NBA and MLB. Their older fan bases are not getting replenished as Millennials head into Esports and away from traditional sports.

There is no other way to say it, Esports is a massive, unstoppable trend for the next 5-10 years that is going to create the next crop of millionaires and billionaires. You either invest in it, or miss a monster.

Our client is Esports Entertainment Group (GMBL:US). We just raised $1.2 Million and launching our online Esports betting site this month

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