Videogames are more of a rich guy's hobby than ever, says analyst, and that's 'leaving a whole portion of the market to Fortnite, Minecraft, Roblox'

The term "K-shaped economy" is one that economists and finance writers came up with to avoid having to say "the rich get richer and the poor get poorer."* It goes like this: as the economy recovers from shocks like the Covid-19 pandemic, the recovery is uneven across sectors and income levels. The already-affluent at the top of the K bounce back, sometimes doing even better than they were pre-crisis, while the poor at the K's bottom stay poor or get poorer.

I am not writing this to enlist...