Redeye initiates coverage of M.O.B.A. Network, an attractive play on rapid growth in gaming and Esports that is benefiting both from a nearer-term lockdown boost and longer-term megatrends. The company keeps activity high on its proprietary platform by connecting its communities to strong gaming IPs, while user content and network effects create strong traffic on its websites. Further M&A could help take the share to new heights.