An American teenager just won $3 million playing video games. The founder of an esports ETF told us why it might be a turning point for the exploding industry.

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A NewZoo report found that worldwide esports revenue will hit $1 billion this year, while the audience will grow to 453 million people.

World Cup in New York went to a 16-year-old American, and it might attract more attention to the rapidly expanding field of esports.

Some on Wall Street think this part of the video game market has enormous potential but isn't getting much attention given their popularity with younger people.The days of video games being seen as a waste of time might over just like the days of 25-cent arcade games. Video games are a gigantic business where some of the biggest companies in the world play starring roles, but there's a growing consensus on Wall Street that esports are overlooked and just starting to break through.

 

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