Online gaming industry primed for investments, expert says

Online gaming industry primed for investments, expert says

UAE - There are endless opportunities across the online gaming industry, which are only set to grow, and, with the right advice, strategies, and choice of markets, it is game on for investors around the world, says Chaddy Kirbaj, vice director at Swissquote Bank Dubai.

Speaking to Khaleej Times, he explained that the “golden age” of the gaming industry is ahead of us, and that the industry is primed for investors. The robust growth in the gaming market has mainly been the result of a two-pronged approach by governments and the industry.

“In the UAE, for instance, the bullish trend is driven by massive investments in the technology ecosystem, the government’s keen support for creating a digital economy, superior 5G infrastructure, access to technology by the youth, and healthy consumer spending, backed by sound legal regulations and a diversified economy,” he said.

At the same time, the industry has seen a lot of consolidation through the mergers and acquisitions route adopted by many key players – a trend that is set to grow mainly in the Asia Pacific countries such as China, Japan, and South Korea, which together are expected to be the largest market in the gaming industry. “A phenomenal growth in