indeed, gaming is becoming more of an "older" people hobby mostly because kids nowadays get bombarded with micro transactions and pay to win mechanics that don't really engage them as a target audience.
Once I attended a reto game convention and meet a kid who was like 14 or 15 who was really into retro games, mostly because those games didn't nag them with live services and bullshit as such. It really shifted my perspective about modern AAA gaming.