Social networking giant Facebook (NASDAQ: FB) is wading deeper into competitive video gaming waters. Capitalizing on the esports boom that's been getting a lot of press due to worldwide coronavirus-related lockdowns, on Tuesday the company announced it had added a Tournaments feature to its existing video game venue. Facebook has featured casual games almost since its inception, directing users to well-known titles like Farmville and Words With Friends. It stepped up its gaming efforts in 2016, however, with an online venue aimed at gamers looking for more thrilling play. That platform has undergone several name changes, upgrades, and evolutions, the latest of which took shape on Tuesday when it gave users early access to Tournaments. Image Source: Getty Images. Tournaments allows individuals and organizations to create their own online competitive gaming events using Facebook's library of video games. These games include several titles that offer a more intense gaming experience that one might expect from gaming consoles. Facebook notes "Anyone can start or join a tournament. That could be a casual competition among friends, a creator playing with their chat, or a global esports competition. And it all happens virtually, from brackets to leaderboards, and everything in between." With countless people stuck at home in the midst of the COVID-19 outbreak and looking for fresh entertainment, interest in video gaming has surged. Nielsen reported this week that during the last full week of March, video game play was up 45%, while spending on games grew 39%. 10 stocks we like better than FacebookWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Facebook wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of March 18, 2020 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool's board of directors. James Brumley has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Amazon and Facebook and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. The Motley Fool has a disclosure policy.Source