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Enthusiast Gaming $EGLX.ca Announces #NFL Superstar and #SuperBowl Champion Richard Sherman as Shareholder and Luminosity Brand Ambassador $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 7:20 AM on Thursday, September 19th, 2019
  • Signed Richard Sherman, NFL cornerback for the San Francisco 49ers, 4-time Pro Bowl and 2014 Super Bowl Champion, as a global ambassador for the Company’s esports brand, Luminosity Gaming
  • As a brand ambassador and shareholder of Enthusiast Gaming, Sherman will help support Enthusiast’s growth and success while partnering with the Luminosity brand

TORONTO, Sept. 19, 2019 — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or “The Company”) (TSX-V: EGLX) is excited to announce that it has signed Richard Sherman, NFL cornerback for the San Francisco 49ers, 4-time Pro Bowl and 2014 Super Bowl Champion, as a global ambassador for the Company’s esports brand, Luminosity Gaming (“Luminosity”).

As a brand ambassador and shareholder of Enthusiast Gaming, Sherman will help support Enthusiast’s growth and success while partnering with the Luminosity brand. Sherman will attend Luminosity and Enthusiast Gaming live activations throughout the year, and challenge other NFL players to team play with the company’s Call of Duty team, which is based in Seattle, Washington. Sherman’s “player challenge” games will be streamed publicly across the Luminosity network. Sherman will also contribute to building out the Company’s professional player roster, as Captain of Luminosity’s esports organization. 

“We are excited to announce this strategic relationship and welcome Richard into the Enthusiast family!” said Steve Maida, President of Luminosity Gaming, Esports Division of Enthusiast Gaming. “As a globally recognized athlete, and an avid gamer who was featured on the cover of Madden NFL 15, Richard is a perfect fit for us. With over 50 gaming influencers and esports professional athletes, we are looking forward to adding a Super Bowl champion to our roster.”

“Luminosity is one of the most successful esports brands in the world, and I’m excited to be a part of it! As a brand ambassador and team captain of Luminosity, I plan to bring my competitive spirit and love of the game to the esports organization,” said Richard Sherman. “I am especially eager to challenge some of my NFL rivals and teammates to join me for online matches, streamed on the Luminosity network for all our fans to view and enjoy.”

Sherman was drafted by the Seattle Seahawks in the fifth round of the 2011 NFL Draft. He has been selected to the Pro Bowl four times and voted All-Pro four times, including three times to the first team. He led the NFL in interceptions in 2013, when he also helped the Seahawks win their first Super Bowl. Sherman’s favorite video game is Call of Duty.

About Enthusiast Gaming 

Enthusiast Gaming is one of the largest vertically integrated video game and esports companies in the world. The Company’s digital platform includes +85 gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly. Enthusiast’s esports division, Luminosity Gaming, a leading global esports organization consists of 8 professional esports teams under ownership and management, including the #1 ranked Overwatch team, the Vancouver Titans and over 50 gaming influencers with a total audience of 60 million followers. Collectively, the community reaches over 200 million gaming enthusiasts on a monthly basis. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg.

CONTACT INFORMATION:

Investor Relations: 
Julia Becker
Head of Investor Relations & Marketing
[email protected] 
(604) 785.0850 

Forward-Looking Information

Certain statements in this release are forward-looking statements.  Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Enthusiast Gaming.  The risks include risks that are customary to transactions of this nature and customary to companies which have their stock traded on the TSXV. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Enthusiast Gaming will obtain from them. 

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

A video accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/42382106-c57a-4547-a7db-9575d36461f7

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Posted in Enthusiast Gaming Holdings Inc., Featured | Comments Off on Enthusiast Gaming $EGLX.ca Announces #NFL Superstar and #SuperBowl Champion Richard Sherman as Shareholder and Luminosity Brand Ambassador $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Enthusiast Gaming $EGLX.ca to Acquire Steel Media, a Leading Mobile Gaming Media and Events Company #Esports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 8:00 AM on Wednesday, September 18th, 2019
  • Adds 20 mobile video gaming media websites to the Enthusiast Gaming network, increasing the platform to over 100 websites

  • Expands reach of live event business to include 25 live events across 11 key markets including the US and UK

  • Adds approximately C$3M in annualized revenue

TORONTO, Sept. 18, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX), (“Enthusiast Gaming” or the “Company”), is pleased to announce that through its wholly owned subsidiary, Enthusiast Gaming Properties Inc., it has entered into a Share Purchase Agreement (“Agreement”) to acquire all of the shares of Steel Media Limited (“Steel Media”), a leading mobile gaming and live events company. 

Steel Media owns 20 mobile gaming media websites including: pocketgamer.com, pocketgamer.biz, appspy.com, and 148apps.com; and is the owner and operator of over 25 video game networking events across 11 countries, including key markets such as the US and UK.  Pocket Gamer (www.pocketgamer.com) is the world’s leading destination for the mobile gaming community, including: iPhone, iPad, Android, Nintendo Switch, 3DS and more. As one of the most recognized brands in the mobile gaming industry, Pocket Gamer has over 2 million monthly impressions on mobile and web, and covers multiple sites, events and even printed magazines. 

Steel Media is also an industry leader in B2B and consumer mobile gaming events.  It owns and operates numerous successful networking events around the world with 15,000 registered industry attendees and key sponsors and partners. Steel Media hosts Pocket Gamer Party, Top 50 Developer Guide, Mobile Mixers, the Mobile Games Awards, and its feature event, Pocket Gamer Connects, the largest B2B mobile games conference series, with events in locations such as London, San Francisco, Helsinki and Seattle with additional locations coming soon. The Steel Media team will continue operating the business and led by its Chief Executive Officer, Chris James. 

The acquisition of Steel Media unlocks a new audience segment for Enthusiast Gaming, the highly coveted and rapidly growing mobile gaming segment. Further, the acquisition aligns with Enthusiast Gaming’s strategy of growing its total audience reach across the entire gaming market through accretive acquisitions both within its online media segment and expanding events business. Combined with Steel Media, Enthusiast Gaming’s digital network will reach more than 100 properties and significantly increases its mix of owned and operated sites in its network. 

Menashe Kestenbaum, President of Enthusiast Gaming commented, “We have seen a significant increase in mobile gaming and it continues to be a huge segment within the overall gaming industry. The acquisition of Steel Media aligns with our growth strategy through M&A and also the continued expansion of our events division.” He continued, “Steel Media has built a well-recognized brand and successful businesses across mobile, B2B and events that will allow us to continue capitalizing on the growth of mobile gaming and drive further revenue synergies across two of our three pillars, Media and Events.”

The Agreement

Pursuant to the terms of the Agreement, Enthusiast Gaming has agreed to (i) a cash payment of approximately US$2,969,000 with US$1,968,536 to be paid on closing (US$1,000,000 net of cash on hand) and the balance to be paid on the first anniversary of the date of closing and (ii) issue US$500,000 worth of common shares in the capital of the Company (“Common Shares”) at a deemed price per share equal to the 5 day volume weighted average trading price. In addition, Enthusiast Gaming has agreed to an earn out payment of up to US$500,000 based on the performance of Steel Media. 

The Agreement remains subject to TSX Venture Exchange approval. Any Common Shares issued in connection with the Agreement will be subject to a 12 month hold period from the date of issuance.

About Enthusiast Gaming 

Enthusiast Gaming (TSX.V:EGLX) is one of the largest vertically integrated video game and esports companies in the world. The Company’s digital platform includes +85 gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly. Enthusiast’s esports division, Luminosity Gaming, a leading global esports organization consists of 8 professional esports teams under ownership and management, including the #1 ranked Overwatch team, the Vancouver Titans and over 50 gaming influencers with a total audience of 60 million followers. Collectively, the community reaches over 200 million gaming enthusiasts on a monthly basis. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg.

CONTACT INFORMATION

Investor Relations:
Julia Becker
Head of Investor Relations & Marketing
Telephone: 604-785-0850
Email: [email protected]

Forward-Looking Information

Certain statements in this release are forward-looking statements.  Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Enthusiast Gaming.  The risks include risks that are customary to transactions of this nature and customary to companies which have their stock traded on the TSXV. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Enthusiast Gaming will obtain from them. For instance, there can be no assurance that the acquisition will close as anticipated, that the acquisition will position the Company as a leader in the mobile gaming sector and that the acquisition will result in growth of the Company’s online and offline gaming community.

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Posted in All Recent Posts, Enthusiast Gaming Holdings Inc., eSports Investing | Comments Off on Enthusiast Gaming $EGLX.ca to Acquire Steel Media, a Leading Mobile Gaming Media and Events Company #Esports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Gaming heavyweights raise $17M for new #Esports network as funds flow into this HOT sector – SPONSOR: Enthusiast Gaming $EGLX.ca $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 12:03 PM on Tuesday, September 17th, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 85 owned and affiliated websites, currently reaching over 150 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More

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Gaming heavyweights raise $17M for new esports network

  • VENN is set to launch in 2020 and aims to give the fragmented esports scene a home base for content with higher production value than gamers are used to with online streaming.
  • The network was co-founded by four-time Emmy-winning producer Ariel Horn and entrepreneur Ben Kusin and has raised $17 million from investors including co-founders from Twitch, Riot Games and Blizzard Entertainment.

NEW YORK — A new venture backed by many of video gaming’s biggest publishers is unveiling a network that hopes to be to esports what ESPN has been to traditional sports.

VENN is set to launch in 2020 and aims to give the fragmented esports scene a home base for content with higher production value than gamers are used to with online streaming. The network was co-founded by four-time Emmy-winning producer Ariel Horn and entrepreneur Ben Kusin and has raised $17 million from investors including co-founders from Twitch, Riot Games and Blizzard Entertainment.

VENN, short for Video Game Entertainment and News Network, will debut with live studios in New York and Los Angeles. There is expected to be 55 hours of original programming per week, including gamer streams, talk shows, documentaries and live esport events. It already has deals in place to broadcast on Twitch and YouTube and expects to be available on mediums like Roku or Sling.

Esports revenues are expected to top $1 billion this year, and global viewership numbers are rivaling those of traditional sports — nearly 100 million viewers watched last year’s League of Legends world championship, roughly on par with TV viewership for the Super Bowl.

Yet the industry remains disjointed. Just like not all football fans also watch hockey, Fortnite players aren’t necessarily keeping tabs on League of Legends or Overwatch. Creating a common space for all those gamers has proven difficult. Perhaps the closest thing is the online streaming platform Twitch, but gamers there tend to find streams specific to their interest, creating little overlap with other gaming domains.

VENN hopes to solve that with content built around the culture of gaming.

“I think we’re more of a hybridized ESPN and what MTV TRL (Total Request Live) was when it launched decades ago,” Kusin said. “That crossover that it brought music in that generation in the culture.”

It’s a lofty pitch, but one that’s proven credible to many of gaming’s most influential names. The group’s initial investors include Riot Games co-founder Marc Merrill, Blizzard Entertainment co-founder Mike Morhaime, Twitch co-founder Kevin Lin and aXiomatic Gaming, an investment group behind Team Liquid and Epic Games. That gives VENN financial connections to esports’ biggest titles — Riot owns League of Legends, Blizzard is behind Overwatch and Call of Duty, and Epic publishes Fortnite — as well as some of its biggest teams.

“We could go to these luminaries in the industry and say, ‘Hey, we want to come together, be swift, work with a bunch of different titles, a bunch of different publishers and move the industry forward in terms of its recognition and prominence, will you help us?'” Kusin said. “The answer was a resounding yes.”

Horn’s presence is a big part of that. Formerly a sports producer at NBC, he has become a pioneering figure in esports. His achievements included a sports Emmy in 2017 for his role in landing an augmented reality dragon inside a stadium during the 2017 League of Legends World Championships opening ceremony and a successful New Year’s Eve stream by Ninja from Times Square last year.

“Taking what’s already there on a platform that (gamers) understand, and taking that into a network environment, that’s what we’re looking to do,” Horn said.

Source: https://ca.finance.yahoo.com/news/gaming-heavyweights-raise-17m-esports-133920118.html

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Posted in All Recent Posts, Enthusiast Gaming Holdings Inc., eSports Investing | Comments Off on Gaming heavyweights raise $17M for new #Esports network as funds flow into this HOT sector – SPONSOR: Enthusiast Gaming $EGLX.ca $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Enthusiast Gaming $EGLX.ca Announces the Vancouver #Titans Are Heading to Grand Finals with $3.5M Prize Pool #Esports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 8:23 AM on Monday, September 16th, 2019
  • Vancouver Titans, a professional esports team which the Company has a non-controlling interest in, will be competing in the Overwatch Grand Finals on September 29, 2019 in Philadelphia.
  • The #1 ranked Vancouver Titans team is competing in its first season of the Overwatch League with a season record of 25-3.
  • Winning team taking home US$1.1 million from the total prize pool of US$3.5 million.
  • Finals will be held at sold out Wells Fargo Center in Philadelphia and broadcast on ESPN and ABC

Toronto, Ontario–(September 16, 2019) –  Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (“Enthusiast Gaming“), is excited to announce that the Vancouver Titans, a professional esports team which the Company has a non-controlling interest in, will be competing in the Overwatch Grand Finals on September 29, 2019 in Philadelphia. The #1 ranked Vancouver Titans team is competing in its first season of the Overwatch League with a season record of 25-3. The Vancouver Titans are managed by Enthusiast Gaming’s esports division, Luminosity Gaming Inc. (“Luminosity Gaming“).

The Grand Finals will be broadcast across major media networks, ESPN and ABC, from the sold out Wells Fargo Arena in Philadelphia. The Vancouver Titans will face off against the San Francisco Shock, with the winning team taking home US$1.1 million from the total prize pool of US$3.5 million.

Steve Maida, President of Luminosity Gaming, Enthusiast Gaming’s esports division commented, “Congratulations to the Vancouver Titans on their remarkable season as the #1 ranked team in the Overwatch league! I’m proud of the guys for their hard work, dedication and chemistry this season, and we are all excited to see them in the Grand Finals at the sold out, 20,000 person capacity, Wells Fargo Arena!” He continued, “Esports has crossed into the mainstream and is now being broadcast from the top media networks in North America, and selling out some of the largest stadiums in the world. With viewership expected to reach almost 460 million in 20191, we are excited to be a leader in the space as esports continues its rapid growth.”

Luminosity Gaming is one of the leading esports organizations with 8 championship calibre teams across the world’s most popular game titles. The Vancouver Titans compete in the Overwatch League, which consists of 20 teams across six countries and three continents. Enthusiast Gaming acquired its interest in the Vancouver Titans from the team’s majority owner, the Aquilini Investment Group. Enthusiast Gaming recently announced that it will be joining the 2020 Call of Duty League, with the acquisition of a non-controlling interest in the Seattle based team.

About Enthusiast Gaming

Enthusiast Gaming is one of the largest vertically integrated video game and esports companies in the world. The Company’s digital platform includes +85 gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly. Enthusiast’s esports division, Luminosity Gaming, a leading global esports organization consists of 8 professional esports teams under ownership and management, including the #1 ranked Overwatch team, the Vancouver Titans and over 50 gaming influencers with a total audience of 60 million followers. Collectively, the community reaches over 200 million gaming enthusiasts on a monthly basis. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg

1Source: Newzoo https://newzoo.com/insights/articles/newzoo-global-esports-economy-will-top-1-billion-for-the-first-time-in-2019/


CONTACT INFORMATION

Investor Relations:
Julia Becker
Head of Investor Relations & Marketing
Telephone: 604-785-0850
Email: [email protected]

Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Enthusiast Gaming. The risks include risks that are customary to transactions of this nature and customary to companies which have their stock traded on the TSXV. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Enthusiast Gaming will obtain from them.

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Posted in Enthusiast Gaming Holdings Inc. | Comments Off on Enthusiast Gaming $EGLX.ca Announces the Vancouver #Titans Are Heading to Grand Finals with $3.5M Prize Pool #Esports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Enthusiast Gaming $EGLX.ca Joins 2020 Call of Duty #Esports League $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 9:22 AM on Friday, September 13th, 2019
  • Partnered with Canucks Sports & Entertainment
  • Agreement has been reached with Activision Blizzard to own and field a Seattle-based team in the newly franchised Call of Duty® esports league
  • Enthusiast Gaming holds a non-controlling interest in the new team
  • Day-to-day operations and home games of the new franchise will be based in Seattle, Washington and will be overseen by the Company and Canucks Sports & Entertainment.

Toronto, Ontario–(September 13, 2019) –  Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (“Enthusiast Gaming” or the “Company“), in partnership with Canucks Sports & Entertainment, announced today that an agreement has been reached with Activision Blizzard to own and field a Seattle-based team in the newly franchised Call of Duty® esports league. Enthusiast Gaming holds a non-controlling interest in the new team.

The day-to-day operations and home games of the new franchise will be based in Seattle, Washington and will be overseen by the Company and Canucks Sports & Entertainment. Enthusiast Gaming, through its wholly-owned subsidiary, Luminosity Gaming Inc., will manage the team and player procurement through a long-term management services agreement with the majority owner.

“Working in partnership with the Aquilini Group and Canucks Sports & Entertainment, we will build a competitive, first-class team that esports fans in the Pacific Northwest will be proud of,” said Steve Maida, Esports President, Enthusiast Gaming. “With our experience in building successful teams with Luminosity Gaming and having been involved with Activision Blizzard with the Vancouver Titans since inception, we are excited to get started and develop a winning team and culture.”

More details of the league, team and schedule will be announced in the near future. For updates and information on the new Seattle Call of Duty Esports team, follow @SeattleCOD on Twitter, Facebook, Twitch and Instagram.

About Enthusiast Gaming

Enthusiast Gaming (TSXV: EGLX) is one of the largest vertically integrated video game and esports companies in the world. The Company’s digital platform includes +85 gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly. Enthusiast’s esports division, Luminosity Gaming, a leading global esports organization consists of 8 professional esports teams under ownership and management, including the #1 ranked Overwatch team, the Vancouver Titans and over 50 gaming influencers with a total audience of 60 million followers. Collectively, the community reaches over 200 million gaming enthusiasts on a monthly basis. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg.

CONTACT INFORMATION

Investor Relations:
Julia Becker
Head of Investor Relations & Marketing
Telephone: 604-785-0850
Email: [email protected]

Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Enthusiast Gaming. The risks include risks that are customary to transactions of this nature and customary to companies which have their stock traded on the TSXV. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Enthusiast Gaming will obtain from them.

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/47774

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Posted in All Recent Posts, Enthusiast Gaming Holdings Inc., eSports Investing | Comments Off on Enthusiast Gaming $EGLX.ca Joins 2020 Call of Duty #Esports League $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Intel $INTC is hosting an #Olympics – sanctioned #Esports tournament in 2020 *SPONSOR: Enthusiast Gaming $EGLX.ca has 85 owned and affiliated websites, currently reaching over 150 million monthly visitors $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 12:28 PM on Thursday, September 12th, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 85 owned and affiliated websites, currently reaching over 150 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More

By: Amrita Khalid

  • Gamers will go for the gold next summer in Tokyo, but not in the Olympics.
  • Intel has announced it will host an esports tournament in Tokyo during the lead-up to the 2020 Olympics.
  • Players will compete in Street Fighter V and Rocket League for a price of $250,000 for each game. Online qualifiers will kick-off early next year, with a live qualifier event in Poland in June.

The final championship tournament — the Intel World Open — will be held on June 22-24th in Tokyo. Similar to the Olympics, players will play on teams that represent their nations. A total of 12 nations will be pre-selected to form national teams. Beginning in March, national qualifiers will determine the best four players of each nation, who will be selected to form that team. During the live qualifier in Poland, twenty teams will compete in a group stage qualifier to determine the strongest team in the Americas, EEMEA (Eastern Europe, the Middle East and Africa) and the Asia Pacific region. The final seven teams will compete against Japan in the World Open in Tokyo.

Intel will already have a big presence in the 2020 Olympics, bringing 3D athlete tracking, a 5G network and a possible drone light show. Adding an esports tournament will only add to the American tech giant’s cachet in Japan’s capital city.

Source: Read More

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Posted in All Recent Posts, Enthusiast Gaming Holdings Inc. | Comments Off on Intel $INTC is hosting an #Olympics – sanctioned #Esports tournament in 2020 *SPONSOR: Enthusiast Gaming $EGLX.ca has 85 owned and affiliated websites, currently reaching over 150 million monthly visitors $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

More than a game: the unstoppable growth of #Esports, Enthusiast Gaming #EGLX.ca has 85 Affiliated Sites Reaching over 150M Visitors Monthly $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 1:21 PM on Wednesday, September 11th, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 85 owned and affiliated websites, currently reaching over 150 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More

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Players at the 2019 Fortnite World Cup in New York. Photo: Johannes Eisele/AFP/Getty Images

Analysis: competitive multi-player video gaming is now a global phenomenon and a way for schools to engage children in new and dynamic ways

  • A change may be ahead thanks to the evolution of esports and growing media attention for events like 16-year-old Kyle “Bugha” Giersdorf’s recent $3 million win at the Epic Games Fortnite World Cup in New York (and Dubliner Joshua Juliano winning $50,000 at the same tournament).
  • These are the types of questions parents and educators are asking themselves in environments where esports are done right, holistically considered and responsibly deployed.

By James O’Hagan, Northern Illinois University

Would you be so quick to shut off your child’s video game system if you knew that it could be a portal to a scholarship at an international university or a career in a billion-dollar industry? What about if it led to a reduction in your child’s anxiety, better connections with his/her peers or an interest in developing better sleep and nutritional habits?

A change may be ahead thanks to the evolution of esports and growing media attention for events like 16-year-old Kyle “Bugha” Giersdorf’s recent $3 million win at the Epic Games Fortnite World Cup in New York (and Dubliner Joshua Juliano winning $50,000 at the same tournament). These are the types of questions parents and educators are asking themselves in environments where esports are done right, holistically considered and responsibly deployed.

WATCH VIDEO

From RTÉ Radio 1’s Morning Ireland, Dublin gamer Joshua Juliano talks about winning $50,000 at the Epic Games Fortnite World Cup in New York

But first, a pause for those quizzically cocking their heads to the side: what exactly is esports?

Esports is organised, competitive, multi-player video gaming. Much like how when we talk about traditional “sports” which encompass basketball, football and swimming, there are a lot of games that fall into the realm of esports. Titles such as League of Legends, Overwatch, Super Smash Bros Ultimate, Rocket League and  Fortnite are among the most popular.

Of course, dedicating hours to playing these games on its own does not make someone an esports athlete. While tossing a ball around the yard with friends can be considered “playing football”, it takes organisation, dedication, discipline and training to be “a football player.” And there’s a similar difference between casual gaming and esports.

In schools across the United States, we are always looking to engage children in new and dynamic ways. Of paramount importance is meeting children where they’re at: what do kids naturally love to do and how can we add value to that space without negatively impacting the joy they find there?

Watch Video

From RTÉ Radio 1’s Morning Ireland, an interview with Mark Campbell from the Lero esports research lab at the University of Limerick 

Pew Research shows 97% of boys and 83% of girls aged 13 to 17 in the US identify as being a gamer of some kind. Those demographics cut across race and socio-economics. To responsibly guide the evolution of esports in education and harness its potential, we must tap into the intrinsic motivation – or behaviours based on inherent enjoyment – of gamers and embrace the opportunities for connection offered on the gaming field. 

Being respectful in our messaging is one of the first steps to take. Would we tell kids that they draw too much? Dance too much? Play an instrument too much? Hopefully not. Yet too often, video games are dismissed as “a waste of time by adults who have not researched the profoundly positive impact they can have when implemented responsibly. The modern space in which the majority of children are choosing to engage in some way is in video games so let’s meet them there and understand why instead of negating their passion for play.

Why embrace esports?

There are five core attrributes which should be at the heart of any program your child joins or your school implements:

(1) Redefine athletic culture

(2) Diversify opportunities for student participation

(3) Promote good mental and physical Hhealth

(4) Create career and further education scholarship opportunities

(5) Respect the Importance of play

Watch Video

From RTÉ Radio 1’s Morning Ireland, Adam Maguire reports from the final of the inaugural Estars Ireland esports tournament

Esports redefines athletic culture by encouraging children of all races, abilities and genders to compete in a space where their passion for play is the most prominent part of their identity as an athlete. Esports is an opportunity for everyone to come together in a shared space around a love of gaming. 

In bringing children together across demographics, you diversify opportunities for their participation in extracurricular activities. Research shows that students engaged in extracurricular activities have higher grade point averages, better attendance and increased graduation rates. Many children who do not fit traditional athletic ideals are often left on the margins, but participating in esports draws them into a community in which they belong.

Having children intrinsically motivated to be part of their school’s esports experience, the conversation then begins to shift towards things typically not associated with video games such as positive mental and physical health. The importance of good sleep habits, proper nutrition and a dedicated exercise regimen are critical aspects of a responsible esports program. Kids are far more likely to pass over energy drinks in favour of water when they learn, for example, how their gaming performance is negatively impacted after the sugar crash. They also learn to choose snacks that increase their focus during tournaments or to take part in exercises (like yoga and weights) that help regulate their heart rate and add stamina during matches.

As part of this ecosystem, we employ aspects of traditional sports training. Weight training helps develop complex reasoning skills and aerobic training promotes problem-solving skills. Additionally, research indicates that two of the best ways to promote good mental health are with positive adult interactions and through play. The key is meeting kids in the space they love to deliver the messaging.

Watch Video

From RTÉ 2fm’s Game On, Rob Wright from RTÉ Sport on the growth of video games as a sport in Ireland and globally

US colleges and universities have begun to take note of esports and are attracting students with scholarships of varying sizes. In 2023, there will be an estimated $100m (€90.6 million) in scholarship money available related to esports. The opportunity to access these scholarships is greatly enhanced when primary and secondary schools formally embrace esports.

Higher learning institutions recognise that esports is a billion-dollar industry in which playing games is just one element. Marketing, sports nutrition, broadcasting, psychology, esports law, business management, digital art, storytelling, computer science: these are just some of the career paths through this new ecosystem.

Probably the most important aspect of esports to be considered is that, at its heart, this is all about play. By providing these environments for children to play, we are helping to defray the issue of online toxicity and helping them navigate their world as we would on a traditional playground.

Source: https://www.rte.ie/brainstorm/2019/0909/1074856-more-than-a-game-the-unstoppable-growth-of-esports/

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Enthusiast Gaming $EGLX.ca Completes Deferred Payment to “The #Sims Resource” Unlocking 100% of EBITDA and Cashflow #Esports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 8:25 AM on Wednesday, September 11th, 2019

Payment made seven months ahead of schedule to acquire 100% economic ownership of largest female online gaming community

  • Completed, ahead of schedule, the deferred payment obligation related to its previously announced acquisition of the assets of The Sims Resource
  • The payment satisfied all obligations of the acquisition of TSR from Generatorhallen AB and IBIBI HB, which closed on April 12, 2019.

Toronto, Ontario–(September 11, 2019) – Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (“Enthusiast Gaming” or the “Company“) is pleased to announce that it has completed, ahead of schedule, the deferred payment obligation related to its previously announced acquisition of the assets of The Sims Resource (“TSR“). The payment satisfied all obligations of the acquisition of TSR from Generatorhallen AB and IBIBI HB, which closed on April 12, 2019.

TSR is the world’s largest female online video gaming content and community destination, offering custom content built around the popular Sims™ video game franchise, which can be downloaded by users to alter and/or expand gameplay. TSR fans generated over 2.5 billion page views last year, while the property earned C$7 million revenue – split between advertising and recurring monthly paid subscribers – and C$5.25 million in Adjusted EBITDA. Since Enthusiast Gaming closed the transaction with TSR in April 2019, the number of monthly subscribers has grown nearly 30%.

Enthusiast Gaming utilized part of the available capital proceeds from its recent merger with Aquilini GameCo. and Luminosity Gaming to pay down the deferred payment obligation ahead of schedule and unlock a number of strategic and economic benefits including:

  1. Increase the number of leading video media and content sites under full ownership. Full ownership and integration allows Enthusiast Gaming to implement an optimized advertising and content strategy to increase revenue and gross margin.
  2. Ability to leverage paid subscription models across the Enthusiast Gaming platform.
  3. Unlocks an additional 70% of the EBITDA that had previously been returned to the Vendors, seven months early.
  4. Highly accretive use of cash proceeds following the completion of merger with Aquilini GameCo.
  5. TSR management and content creators have joined the Enthusiast Gaming team and are excited to manage the next phase of growth.

Menashe Kestenbaum, President of Enthusiast Gaming commented, “Paying down the deferred payment ahead of schedule to TSR was an extremely important first step for the new Enthusiast Gaming. Having 100% economic and strategic control of TSR provides significant upside potential to increase our revenue/user and value/user – two key metrics for Enthusiast Gaming moving forward.” He continued, “Two of our primary growth opportunities include driving revenue through direct sales and adopting monthly, paid subscriber models across our network of video game media sites. Since we announced the acquisition of TSR, we have already seen steady growth of its subscriber base and it will be a key factor in achieving success across both key metrics.”

About Enthusiast Gaming

Enthusiast Gaming is one of the largest vertically integrated video game and esports companies in the world. The Company’s digital platform includes +85 gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly. Enthusiast’s esports division, Luminosity Gaming, a leading global esports organization consists of 8 professional esports teams under ownership and management, including the #1 ranked Overwatch team, the Vancouver Titans and over 50 gaming influencers with a total audience of 60 million followers. Collectively, the community reaches over 200 million gaming enthusiasts on a monthly basis. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg

CONTACT INFORMATION:

Investor Relations:
Julia Becker
Head of Investor Relations & Marketing
[email protected]
(604) 785.0850

Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Enthusiast Gaming. The risks include risks that are customary to transactions of this nature and customary to companies which have their stock traded on the TSXV. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Enthusiast Gaming will obtain from them.

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/47684

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Posted in Enthusiast Gaming Holdings Inc. | Comments Off on Enthusiast Gaming $EGLX.ca Completes Deferred Payment to “The #Sims Resource” Unlocking 100% of EBITDA and Cashflow #Esports $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Enthusiast Gaming $EGLX.ca and #Luminosity Gaming Announce Acquisition of Interest in #Overwatch League #Esports Team $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 7:43 AM on Tuesday, September 10th, 2019
  • Acquired a non-controlling interest in the Vancouver Titans, an esports team which was founded in 2018 and is competing in its first season in the Overwatch League
  • Overwatch League is an esports competition with 20 teams across six countries and three continents, all centered on the popular first-person shooter game Overwatch

Toronto, Ontario–(September 10, 2019) – Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (“Enthusiast Gaming“), the parent of Luminosity Gaming Inc., announced today that it has acquired a non-controlling interest in the Vancouver Titans, an esports team which was founded in 2018 and is competing in its first season in the Overwatch League. Overwatch League is an esports competition with 20 teams across six countries and three continents, all centered on the popular first-person shooter game Overwatch. Enthusiast Gaming acquired its interest in the Vancouver Titans from the team’s majority owner, the Aquilini Investment Group.

Enthusiast Gaming, through its wholly-owned subsidiary, Luminosity Gaming Inc., manages the Vancouver Titans through a long-term management services agreement with the majority owner.

About Enthusiast Gaming

Enthusiast Gaming is one of the largest vertically integrated video game and esports companies in the world. The Company’s digital platform includes +85 gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly. Enthusiast’s esports division, Luminosity Gaming, a leading global esports organization consists of 8 professional esports teams under management, including the #1 ranked Overwatch team, the Vancouver Titans and over 50 gaming influencers with a total audience of 60 million followers. Collectively, the community reaches over 200 million gaming enthusiasts on a monthly basis. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com. For more information on Luminosity Gaming, please visit luminosity.gg

CONTACT INFORMATION

Investor Relations:
Julia Becker
Head of Investor Relations & Marketing
Telephone: 604-785-0850
Email: [email protected]

Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of Enthusiast Gaming. The risks include risks that are customary to transactions of this nature and customary to companies which have their stock traded on the TSXV. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Enthusiast Gaming will obtain from them.

This press release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to a U.S. Person unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/47691

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The Gaming Industry is colossal with over a billion gamers worldwide, Enthusiast Gaming $EGLX.ca Aims to Be the largest vertically integrated gaming media and #Esports company in the world $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 4:30 PM on Monday, September 9th, 2019
  • The gaming ecosystem is approaching a market share comparable to professional sports
  • Enthusiast Gaming has its eyes set on building the largest community of authentic gamers to monetize and leverage their market-leading analytics network
  • EGLX is the most adept enterprise at increasing fan engagement for its influencers and teams through its massive media portfolio

By: Eva Bieniarz

The gaming industry is colossal — there are more than 2.5 billion gamers around the world, and the gaming market is set to grow to US$196 billion by 2022 alone! With a CAGR of nine per cent for the period 2018–2022, this industry has become a legitimate rival to the traditional sports market.

To compare earnings, the global sports market generated US$488.5 billion in 2018, whereas the global gaming industry hauled in US$135 billion. While both segments are projected to see significant growth in the short term, the gap is poised to shrink as gaming solidifies itself at the “heart of the entertainment business,” according to Newzoo.

The gaming industry is also thriving based on its growing and diverse audience base. For instance, 65 per cent of American adults play video games, and the average gamer is only 34 years old.

Transforming the gaming world one acquisition at a time

Within this massive industry, Enthusiast Gaming (TSX.V: EGLX) is building the largest vertically integrated gaming media and esports company in the world.

As a newly listed public company by way of its merger with Luminosity Gaming, J55, and Aquilini GameCo, the company is on track to make this global vision a reality. One of the new conglomerate’s goals will be to build out a central gamer data source from its three divisions (media, events, influencers), to facilitate brands and advertisers.

Regarding the company’s merger and acquisition strategy, Menashe Kestenbaum, president and founder of Enthusiast Gaming, explains, “Enthusiast has an aggressive growth strategy through accretive acquisitions, which allows us to scale the business quickly and effectively.

“Our strategy is to acquire the leading digital communities across the entire gaming ecosystem, which keeps our platform diversified and agnostic. It also provides us with significant competitive advantage against anyone trying to enter the space.”

The company’s largest acquisition to date, The Sims Resource, is the leading female gaming website in the world, generating $7 million in revenue and $5.25 million in EBITDA (2018).

“This acquisition provided us with immediate access to the growing female gaming demographic and 2.5 billion page views a year. The Sims Resource also has a unique subscription model, which generates recurring monthly revenue from over 60,000 subscribers. We see this as an opportunity to adopt a similar model across our network of 85 websites to drive future revenue growth,” Kestenbaum notes.

Enthusiast has an aggressive growth strategy through accretive acquisitions, which allows us to scale the business quickly and effectively. Our strategy is to acquire leading digital communities across the gaming ecosystem, which keeps our platform diversified and agnostic.Menashe Kestenbaum, President, Enthusiast Gaming Holdings Inc.

What Enthusiast’s merger means for esports

Enthusiast’s merger will make the company a leading publicly traded esports and gaming organization, with $22 million in pro forma revenue on the closing of the merger backed by $55 million in financing, with a combined global audience reach of approximately 200 million.

So why is this merger so significant, and why did Enthusiast partner with Aquilini GameCo? How, exactly, will this benefit the company in the long run?

Well, since Enthusiast’s successful monetization strategy and wealth of analytical data covers an abundance of demographics in the broader gaming industry, the company’s knowledge can be combined with Luminosity’s influencers and esports properties to create a unique gaming ecosystem.

Enthusiast’s success in monetizing gaming properties will also allow the company to monetize Luminosity’s championship esports franchise through the same data-centric, ad tech approach to engage partnership and advertising opportunities.

The fact that Enthusiast is merging with Aquilini GameCo gives the company a huge boost to diversify and expand its presence across more than merely sports and entertainment, but potentially food and hospitality, living, and more.

Luminosity Gaming is currently competing in games like Counter Strike, Fortnite, Call of Duty, Madden and more at the highest professional level. Supplied

Enthusiast is also party to a long-term services support agreement with Vancouver Arena Limited Partnership (VALP), pursuant to which VALP will provide Enthusiast with a broad range of marketing and business support services, including corporate partnership and selling support, retail support, brand association and marketing support (to be provided by Canucks Sports and Entertainment), and more.

Apart from a company perspective, when taking a holistic look at the esports and gaming industry, it’s clear that sentiment towards gaming is growing. The industry even has tech giants Amazon and Google wanting in on the action.

What’s more, esports is also being compared to professional sports — hockey, baseball, you name it — in terms of garnering millions of fans around the world.

For instance, in 2017, the League of Legends tournament garnered more viewers than the MLB World Series, the NBA Finals and the NHL Stanley Cup Finals! This would have been unheard of a few years ago.

Kestenbaum explains, “The size and scalability of our ecosystems are a significant competitive advantage. Enthusiast’s online presence of 150 million visitors, combined with Luminosity’s rich content creation reaching over 60 million followers, will be invaluable for us moving forward.”

Enthusiast’s merger is expected to provide further significant strategic and financial benefits to the company, including but not limited to expected margin improvement, involving a combination of the net funds from the private placement and cash-on-hand that may be used to repay all or part of the Sims Resource Deferred Payment, as well as an enhanced capital market profile through the closing of the transactions.

Growth drivers propelling the company towards success

Enthusiast is also growing its fan base and subsequently its customer base through seven strategies:

  • Growth in revenue per user goal: Target revenue per user of $0.40
  • Build out a direct sales team: Increase of 10–20x / CPM compared to commoditized programmatic advertising rates. Expand to key financial hubs like Toronto, New York, London, Los Angeles, and San Francisco
  • Subscription model growth: Offer unique content and player access to increase subscriptions. Currently, over 60,000 subscribers generating approximately $2.5 million in recurring revenue
  • Mergers and acquisitions: Grow the size of Enthusiast’s fan base, and better engage with them to increase revenue and profitability
  • Expand the EG Live division: Build on the success in Toronto and bring similar events to New York, Chicago and the Pacific Northwest
  • Franchise value appreciation: Increase the value of the franchise through content creators, influencers, professional esports professionals and championship esports teams
  • Non-endemic opportunities: Sell more non-endemic sponsorships and partnerships through direct sales and programmatic advertising

Apart from the company’s strategic growth model, Enthusiast has five key business segments that enhance the company’s overall expansion plans. They include:

Content: Enthusiast offers news, reviews, videos, live streams, blog posts, tips, chats, message boards, and other video-gaming related content.

Advertising: The company operates an advertising network for brands targeting the gamer demographic, generating over 30 billion advertisement requests per month.

Events: Enthusiast organizes Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, which attracted over 55,000 attendees in 2018, including a Rising Star Series.

Data and ad tech: The company has built a proprietary ad tech platform around a tech-enabled gamer data platform.

Leading esports franchise: Luminosity Gaming is one of the most popular esports brands, offering a subscription growth model that leverages content and player access to increase subscriptions.

Add in celebrity endorsement from Canadian recording artist Tory Lanez, and the top esports athletes and influencers including YELO, and the company has all the right ingredients to reach success.

A knowledgeable management team leading the way

Enthusiast’s skyrocketing success and popularity is catalyzed by Menashe Kestenbaum, president of Enthusiast, who began his career in video games when he was 13 years old, writing for IGN, a large gaming media site. Kestenbaum launched his first gaming blog, called “Nintendo Enthusiast,” in 2011, which subsequently became the foundation of Enthusiast Gaming today.

Adrian Montgomery, CEO of Enthusiast, has also been instrumental in Luminosity’s new partnership with Enthusiast. As ex-president of Canucks Sports and Entertainment, Montgomery brings decades of knowledge about sports and what it means to be a dedicated fan.

Steve Maida, president of esports at Enthusiast, built the popular esports franchise from the ground up and was responsible for finding talent like “Ninja,” one of the world’s top Fornite players.

With its merger between Aquilini GameCo and Luminosity completed, Enthusiast Gaming is on the right path towards dominating the gaming industry. Through its clear growth objectives, diverse revenue streams, acquisitions, partnerships and more, the company is building a world-class gaming company that cannot be replicated.

Investors should look forward to more company updates as Enthusiast continues to scale and add to its roster.

Source: https://business.financialpost.com/business-trends/canadian-sports-mogul-bets-on-gaming-and-esports-with-enthusiast-gaming

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