Since the first video game was released in 1958, the popularity of online gaming has rapidly increased. A million-dollar industry, it has developed into a staple of modern culture. 

 

There are many reasons as to why people play video games. From escapism to gaining a sense of community, it opens up a gamer’s imagination to a world beyond anything they have ever imagined. However, as with online casino games such as those offered by eurocasino casino, it’s important to know when to stop and put down the controller. 

 

A fascinating industry in itself, there are many amazing statistics and facts related to it. If you’re interested in the world of online gaming, here are the top five facts to dig your teeth into!

 

 

• The Most Expensive Game Ever Made Was Grand Theft Auto: V

 

Grand Theft Auto has to be one of the world’s most famous video games. And its fifth edition is to date, the most expensive to be created. Costing over $265 million, Rockstar North spent roughly equal on the creation and the marketing. However, even though this figure seems crazy, the amount of money that the developer has earned back from its sale has no doubt made it worth it. 

The second most expensive video game is Call of Duty: Modern Warfare 2, which comes in at $250 million – with $50 million spent on development and $200 million on marketing.

 

• There Are More Women Gamers 

 

Often, people think that video games are only played by men. Well, they couldn’t be more wrong. Over the years, the market has heavily diversified to introduce an impressive 48% of female video game players. With more women now identifying as gamers over men, it’s clear that the industry is continuously changing.

 

• Online Gaming Improves Concentration and Decision Making

 

People often associate online gaming with a lack of concentration. But the complexity of video games means that gamers tend to have better decision-making skills, have an exceptional attention span and can multitask when need be. Having the determination to work out each game and the tasks set by it requires a certain type of mind.

 

 

• Over 50% of Gamers Are Over 50

 

Continuing on from the discussion above, another clear sign that the industry is ever-changing is that it is now heavily populated by those over the age of 50. Holding an incredible 58% across all of the social online games, this new audience is swiftly taking over. This boom can be seen at online tournaments, such as the e-sports show that recently played host to a team of over 60s called ‘The Silver Snipers’.

 

• The Chinese Video Market is The Biggest

 

It might come as a surprise (or not) but the Chinese Market makes the most revenue. An ever-growing industry, in 2018 Chinese consumers spent over $38 billion on video games – which makes them hold an incredible 28% market share. Within this statistic, they spent $23 billion on mobile games and $15 billion on console and PC games.