Sports game have always had to pay for licenses for using athletes' appearances, names, club names etc

>sports game have always had to pay for licenses for using athletes' appearances, names, club names etc
>sports organizations started abusing this and bumped the prices to those licenses sky high
>EA can no longer cover the costs of acquiring rights by sales alone, have to do all kinds of lootboxes
>lootboxes getting banned will sink EA's stock

Chad is truly our greatest ally. Will this new era see the return of fun sports games and possibly smaller studios make their own sports games with made-up names (like cars in GTA)? I'm sick and tired of two companies dominating the whole market.

Friendly reminder to short EA when this bill goes live.

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>Shorting, or short-selling, is when an investor borrows shares and immediately sells them, hoping he or she can scoop them up later at a lower price, return them to the lender and pocket the difference.
I don't understand. How can you sell something you don't own?

when you buy a piece of stock you "own" a part of company. granted you will probably own 0.001% of company therefore you don't matter at all, but there are people willing to pay good price to own amount of stocks of profitable companies that lets them be more involved

Investopedia explains everything pretty nicely.

>A trader thinks that Amazon’s stock is poised to fall after it reports quarterly results. To take advantage of this possibility, the trader borrows 1,000 shares of the stock from his stock loan department with the intent to short the stock. The trader than goes out and sells short the 1,000 shares for $1,500. In the following weeks, the company reports weaker than expected revenue and guides for a weaker than expected forward quarter. As a result, the stock plunges to $1,300, the trader then buys to cover the short position. The trade results in a gain of $200 per share or $200,000.

In reality, your platform / broker does all of the work described here, you normally just open a long (buy) or short (sell) position and not worry about the details.

>Wimpy of the famous Popeye comic strip would have been a perfect short seller. The comic character was famous for saying he would "gladly pay next Tuesday for a hamburger today." In short selling, the seller opens a position by borrowing shares, usually from a broker-dealer. They will try to profit on the use of those shares before they must return them to the lender.

They'll just make it so you can purchase op shit without rng.

>sports games
And absolutely nothing of worth was lost.

It's basically like this user. I borrow stocks from you and sell them at current value X. In a few days when the stock goes down (keep in mind interest has to be paid when holding short positions, but we'll ignore that for simplicity's sake) I buy them back for value Y and return the stocks to you. I have made X-Y profit on the short position.

But how do you, as the stock owner make money? That's where the fees come in. While I have your stocks, I pay the interest on those stocks. It may not seem much, but when you're lending millions of stocks the cents add up.

This is what I don't get. People who play FIFA here for example aren't spending money on dlc, let alone shit like lootboxes. It's just eastern europe culture. And americans don't fucking care about "soccer" either so I don't see them even buying the base game. So who the fuck is making this a sucessful business models? That just leaves western europe. Is it germans? I bet it's germans, those fuckers have ruined europe for the third time in a 100 years for fuck's sake.

The latter half of your post clears up my confusion, thank you.

In PUBG Mobile the people with the stuff that would require opening thousands of dollars worth of crates are always either American, German, or from the Gulf States.