- Announced an exclusive online wagering partnership with Epsilon eSports, a well established organization in the world of online competitive multiplayer games, in support of VIE.gg, the world’s first and most transparent esports betting exchange.
- Epsilon is a multi-champion esports organization headquartered in Belgium, with teams based across Europe and North America competing in Counter-Strike: Global Offensive; Gears Call of Duty; FIFA; and H1Z1 KoH
BIRKIRKARA, MALTA (January 14, 2019) – Esports Entertainment Group, Inc. (GMBL:OTCQB) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce an exclusive online wagering partnership with Epsilon eSports (“Epsilonâ€), a well established organization in the world of online competitive multiplayer games, in support of VIE.gg, the world’s first and most transparent esports betting exchange.
MULTI-CHAMPION INTERNATIONAL ESPORTS ORGANIZATION
Founded
in 2008 with the goal of becoming a symbol in the world of esports,
Epsilon is a multi-champion esports organization headquartered in
Belgium, with teams based across Europe and North America competing in
Counter-Strike: Global Offensive; Gears Call of Duty; FIFA; and H1Z1
KoH. Epsilon is a leader in console esports, with multiple Call of Duty
European Championships, as well as, a Smite World Championship.
Epsilon
is recognized as one of the most important talent-producing eSports
team organizations, with player transfers to NIP, AS Monaco, Fnatic, PSG
and, most recently, a collaboration with English Premier League club
Manchester City to combine their FIFA 19 rosters for the upcoming season
of the Gfinity Elite Series.
Epsilon is a highly international esports organization, with players and members from over 20 different nations.
FIRST TIER-1 ESPORTS PARTNERSHIP FOR VIE.GG SETS NEW BENCHMARK
As
one of the original big names in esports, with a successful history
spanning more than 10 years, Epsilon represents the first Tier-1 esports
organization to partner with the Company’s VIE.gg esports betting
platform. Moreover, Epsilon is working with VIE.gg on an exclusive basis
for the following reasons:
- The
VIE.gg P2P model is much more attractive to Epsilon because an esports
fan (an Epsilon fan) always wins, as opposed to a “house” model where
odds are heavily stacked against fans.
- VIE.gg
is the first and most transparent esports bet exchange as a result of
Esports Entertainment Group being a fully reporting SEC issuer in the
United States.
- Player
safety features built into VIE.gg create a fun but responsible esports
betting experience for fans. For example, players must choose their
maximum bet amounts when they initially sign up with VIE.gg. Any
subsequent increase to those levels requires a 30 day cooling off period
to make sure players do not get carried away.
- The
recent addition of pool betting is a further extension of the P2P
model, which allows groups of opposing fans to wager against each other
when their teams go head to head.
- Given
the fact some esports fans bet on esports, Epsilon fans may as well bet
on a safe platform that also supports the organization.
Gregory
Champagne, Chief Executive Officer at Epsilon eSports, stated “It is
with great pride that today Epsilon partners with VIE.gg. This is a
whole different ball game, the first betting exchange platform
where players challenge other players. VIE.GG understands
the community needs, and we are happy to have found the right partner
that understands and supports players. Extremely excited to begin this
new venture and I can see nothing but big things to come from Epsilon /
VIE.gg partnership during 2019.â€
Grant
Johnson, CEO of Esports Entertainment Group, stated, “We are extremely
honored to welcome Epsilon eSports to the VIE family. As
one of the first true esports organizations, Epsilon has a long and
successful history of esports championships that has earned them a world
class reputation and fan base. As our first
Tier-1 esports team partnership, today marks a significant milestone for
VIE and we look forward to great success together.â€
ABOUT VIE.GG
VIE.gg offers
bet exchange style wagering on esports events in a licensed, regulated
and secured platform to the global esports audience, excluding
jurisdictions that prohibit online gambling. VIE.gg features wagering on the following esports games:
· Counter-Strike: Global Offensive (CSGO)
· League of Legends
· Dota 2
· Call of Duty
· Overwatch
· PUBG
· Hearthstone
· StarCraft II
In
2018, VIE.gg announced affiliate marketing partnerships with 190
esports teams from around the world and expects that number to increase
in 2019.
This
press release is available on our Online Investor Relations Community
for shareholders and potential shareholders to ask questions, receive
answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup
Redchip investor relations Esports Entertainment Group Investor Page:
http://www.gmblinfo.com
About Esports Entertainment Group
Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Esports Entertainment offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Malta, Curacao and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL. For more information visit www.esportsentertainmentgroup.com
FORWARD-LOOKING STATEMENTS
The
information contained herein includes forward-looking statements. These
statements relate to future events or to our future financial
performance, and involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity,
performance, or achievements to be materially different from any future
results, levels of activity, performance or achievements expressed or
implied by these forward-looking statements. You should not place undue
reliance on forward-looking statements since they involve known and
unknown risks, uncertainties and other factors which are, in some cases,
beyond our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements. Any
forward-looking statement reflects our current views with respect to
future events and is subject to these and other risks, uncertainties and
assumptions relating to our operations, results of operations, growth
strategy and liquidity. We assume no obligation to publicly update or
revise these forward-looking statements for any reason, or to update the
reasons actual results could differ materially from those anticipated
in these forward-looking statements, even if new information becomes
available in the future. The safe harbor for forward-looking statements
contained in the Securities Litigation Reform Act of 1995 protects
companies from liability for their forward-looking statements if they
comply with the requirements of the Act.
Contact:
Corporate Finance
1-268-562-9111
[email protected]
Media & Investor Relations Inquiries
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http://agoracom.com/ir/eSportsEntertainmentGroup
U.S. Investor Relations
RedChip
Dave Gentry
407-491-4498
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