It’s “Game On” for the esports boom. Over the next seven years, the industry could be worth up to $5.2 billion, says Emergen Research, from $1.165 billion in 2020. A “rise in popularity of video games and rapid growth of live esports coverage platforms are major factors driving market revenue growth. Increasing popularity of gaming – primarily for amusement – as a result of the pandemic is a key factor expected to augment revenue growth of the global esports market during the forecast period,” the analysts noted. That’s big news for companies such as ESE Entertainment Inc. (TSXV:ESE)(OTC:ENTEF), ESports Entertainment Group Inc. (NASDAQ:GMBL), Skillz Inc. (NYSE:SKLZ), Allied ESports Entertainment Inc. (NASDAQ:AESE), and Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX).
“An increasing number of individuals watch esports videos and tournaments as this has become more accessible due to increasing connectivity and expansion of reach and coverage. Esports broadcasters utilize such sites to broadcast live coverage of competitions and their own games. As a result, fans can easily attend their favorite tournaments and connect with their favorite esports players. Furthermore, viewership and broadcasters on these platforms have increased significantly in the recent past as a result,” they added.
Look at ESE Entertainment Inc. (TSXV:ESE)(OTC:ENTEF), For Example
ESE Entertainment Inc. just announced the appointment of Kuba Brzezinski as a digital motorsports’ advisor to ESE. Mr. Brzezinski is a professional digital motorsports driver with Williams Esports, one of the world’s leading simracing organizations that competes in Formula 1® Esports Series, Formula E Accelerate, ESL MAPFRE, eWTCR, Le Mans Esports, GT Pro and FIA Gran Turismo Championships. Mr. Brzezinski joined Williams in early 2019.
Mr. Brzezinski began simracing in 2010 and is now considered one of the top esports drivers in the world, mainly competing in rFactor 2 and RaceRoom. Mr. Brzezinski also brings digital motorsports to the masses via his YouTube channel - Formula 7, where he regularly streams with his Williams Esports teammate Nikodem Wisniewski.
In 2020 Mr. Brzezinski and his team won Virtual 24h of Le Mans – one of the largest simracing events in history, in which race teams were composed of two simracers and two professional drivers. The event was broadcasted in 57 countries on Eurosport and official Le Mans channels and featured 200 drivers from 37 countries. Driving stars including Fernando Alonso, Max Verstappen, Charles Leclerc and Lando Norris were among Mr. Brzezinski’s competitors.
In 2019, Mr. Brzezinski was crowned champion at the WTCR Esports tournament held in Kuala Lumpur. His other major achievements include ESL MAPFRE S2, VEC Endurance (LMP1) and Fanatec Sebring 12h championships, he was a runner up in the V10R League S1 and he participated in GT Academy.
As an Advisor to ESE, Kuba Brzezinski will be responsible for managing digital motorsports tournaments organized for ESE clients. He will be involved in business development for ESE with a focus on digital motorsports and the automotive sector. His expertise will be utilized to create digital motorsports strategies for ESE in cooperation with FIA and Kantar. Overall, ESE believes this will help accelerate the Company’s growth in the simracing sector.
With this addition, ESE is expanding its team in digital motorsports - one of the fastest growing branches of gaming and esports.
“We are thrilled to welcome Kuba to the ESE family. Adding operational talent has always been a key focus for ESE and an integral part to our growth plans. Bringing on a talent like Kuba, who is one of the top simracers in the world and an active racer for Williams esports, is an exciting milestone for the Company” said Konrad Wasiela, CEO of ESE.
Other related developments from around the markets include:
ESports Entertainment Group Inc., an esports entertainment and online gambling company, is pleased to announce the closing of the Company’s acquisition of Gameday Group’s B2C business, operating under the ‘Bethard’ brand by Bethard Group Limited, a fast-growing sports betting operator that generated $31 million in revenue in 2020. As a result of transaction, Esports Entertainment Group raised its fiscal 2022 revenue guidance to $100 million to $105 million. “This is another great addition for Esports Entertainment Group that substantially increases our revenue and available markets,” commented Grant Johnson, CEO of Esports Entertainment Group. “We will gain two new gaming licenses from this transaction, including one in the strategically important Swedish market. With these additions, we’ll have a total of 6 tier one licenses globally.”
Skillz Inc.,the leading mobile games platform bringing fair and fun competition to players worldwide, today announced it has formed a strategic partnership with Exit Games, global developer of Photon, the world’s most advanced synchronous multiplayer gaming technology. Headquartered in Hamburg, Germany, Exit Games allows developers to create and host real-time, synchronous multiplayer games. Its nearly 600,000 trusted partners include some of the most well-respected game publishers and developers in the world, such as EA, Square Enix, and Ubisoft, among others, powering gameplay in over 700,000 applications.
Allied ESports Entertainment Inc., a global esports entertainment company, announced the completion of the sale of the entities comprising the World Poker Tour®, to Element Partners, LLC. The transaction was approved at a special meeting of the Company’s stockholders on July 1, 2021. As previously announced, the purchase price of the transaction totaled $105 million and included 100% of the outstanding capital stock of each of the legal entities that collectively operated or engaged in the Company’s poker-related business and assets. “This is a momentous day for AESE and an opportunity to focus on growing the business in exciting and innovative ways,” said Frank Ng, CEO of Allied Esports Entertainment. “Congratulations to Adam Pliska and his entire team at World Poker Tour as they too move into a new, successful chapter.”
Enthusiast Gaming Holdings Inc., a media and content platform for video game and esports fans to connect and engage, announced its esports organization, Luminosity Gaming, has renewed its sponsorship deal with G FUEL, The Official Energy Drink of Esports®, to promote its line-up of gaming and esports energy and hydration drinks. The extended 18-month partnership will feature new custom content from G FUEL and pro gamers on the Luminosity Gaming roster, the launch of a new limited-edition G FUEL flavour, event activations, giveaways, and more. The G FUEL logo will continue to be prominently displayed on Luminosity Gaming’s jerseys, and as part of the expanded partnership, the logo will also be featured on all official Enthusiast Gaming merchandise. Since the partnership started in early 2020, Luminosity Gaming and G FUEL have continued to create custom content and deliver unique activations for their fans, such as EGLX Digital 2020. The four-day video game expo had over 20 activations — including the Rising Stars competition in which contestants competed for a $100,000 Luminosity Gaming. — and was watched by over 12 million people worldwide.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for ESE Entertainment Inc. by ESE Entertainment Inc. We own ZERO shares of ESE Entertainment Inc. Please click here for full disclaimer.
Contact Information:
2818047972
[email protected]
