Player is playing virtual, unlimited — meaning? It’s captivating (9)
I believe the answer is:
guitarist
'player' is the definition.
(guitarist is a kind of player)
'playing virtual unlimited meaning? it's captivating' is the wordplay.
'playing' indicates anagramming the letters.
'unlimited' indicates the central letters (discard the edges or 'limits' of the word).
'meaning?' becomes 'gist' (gist is a kind of meaning).
'it's captivating' is an insertion indicator (captivate could historically mean to hold captive).
The middle of 'virtual' is 'irtua'.
'irtua' is an anagram of 'uitar'.
'uitar' put within 'gist' is 'GUITARIST'.
'is' acts as a link.
(Other definitions for guitarist that I've seen before include "Player of a fretted instrument" , "Axeman" , "Musician" , "String player" , "Player of a particular stringed instrument" .)