The News Craving
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ValueWalk
ValueWalk
After enjoying years of stratospheric market growth, the would-be recession-proof video gaming industry is now starting to buckle under widespread macroeconomic problems. The video game industry, which encompasses several facets of online and mobile gaming activities, including the marketing and monetization thereof, has started to come down from its peak, after experiencing a 26% growth between 2019 and 2021. The growth is attributed to more than $191 billion in value, and since 2015, the industry has been steadily expanding into new products and consumer-based services. Q3 2022 hedge fund le…