The fast-growing sport investors have never heard of

Esports may sound like a niche hobby for computer geeks, but it’s actually a burgeoning global business that resembles the early stages of the Premier League. Stephen Connolly explains how you can profit from it.

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When Amazon bought a video-game streaming business called Twitch in 2014, many investors were aghast. Founder and CEO Jeff Bezos had just splurged $970m on a company that lets people watch other people sit at home playing video games all day hardly a scintillating business model. They were even more rattled when Bezos insisted that "watching game play is a global phenomenon".

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Investment columnist

Stephen Connolly is the managing director of consultancy Plain Money. He has worked in investment banking and asset management for over 30 years and writes on business and finance topics.