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5 gaming stocks to buy in September

Highlights The UK’s gaming industry has benefited from the rising number of online gamers and the imposition of stay-at-home orders. While some gaming companies have deliberately taken the free-to-play route, others are offering paid subscriptions to increase engagement. The recent Chinese crackdown on the tech sector is expected to trigger a temporary effect on the share prices of gaming companies in the UK as a substantial number of investments in the sector are backed by Chinese firms. The UK’s gaming industry has benefited from the rising number of online gamers and the imposition of stay-at-home orders. According to Cybercrew, the country’s gaming population increased by 63%, and video game consumers spent about £4.2 billion on video games in 2020. The gaming industry is increasingly pushing for long-term engagement in the form of subscriptions and in-game transactions. Nevertheless, some gaming companies have deliberately taken the free-to-play route to increase traffic and extend engagement. The recent Chinese crackdown on the tech sector is expected to trigger a temporary effect on the share prices of gaming companies in the UK as a substantial number of investments are backed by Chinese firms.
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