Enthusiast’s Luminosity Partners With Amazon For Rocket League Invitational Tournament
April 17 2024 - 7:00AM
Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the
“Company”) (TSX: EGLX), a leading gaming media and entertainment
company, today announced that in partnership with Amazon, its
esports team, Luminosity will be hosting a Rocket League
invitational event featuring North America’s top-ranked teams and
players to promote Amazon Prime.
The two-day invitational event will be hosted by
Sean ‘Spaceman’ Rogers and Jack ‘Corelli’ Collier and feature
eight of the top professional North American Rocket League teams,
including Luminosity’s very own, as they compete to earn a $15,000
prize pool on April 30th and May 1st. Throughout the tournament,
players will be able to use unlimited boost as part of the ‘Prime
Boost Advantage’ while Luminosity will run dynamic overlays that
encourage fans to boost their shopping and streaming experience
with Amazon. To promote the event, participants will be actively
posting on their personal social media accounts and streaming their
perspective of the event.
This will be the first Rocket League event
broadcast on Luminosity’s Twitch channel since the return of the
Luminosity Rocket League team which attained a strong ninth-place
finish at the Rocket League Championship Series Major 1 event in
London, where Luminosity was one of the four North American teams
to qualify for the international major event.
“Rocket League continues to grow in viewership
and this tournament will bring together some of the best
competitors in a unique format that is sure to give us interesting
gameplay,” commented Alex Gonzalez, SVP of Talent & Gaming. “As
one of the most popular gaming titles that does not involve
shooting or violence, Rocket League is a perfect opportunity for
brands wanting to get involved in gaming.”
Transaction Update
In addition, the Company is pleased to announce
that its previously announced sale of select non-core and
non-profitable casual gaming assets has closed. Among the assets
included as part of the divestment were Shockwave, LittleBigSnake,
MathGames.com, and TypeRacer.com. Further details on the
transaction can be found in the Company’s press release dated April
1, 2024.
About Enthusiast
GamingEnthusiast Gaming is the leading gaming media and
entertainment company in North America, building the largest
platform for video game enthusiasts and esports fans to connect and
compete worldwide. Combining the elements of its five core pillars:
creators, content, communities, games, and experiences, Enthusiast
Gaming provides a unique opportunity for marketers to create
integrated brand solutions to connect with coveted Gen Z and
Millennial audiences. Through its proprietary mix of digital media,
content and gaming assets, Enthusiast Gaming continues to grow its
network of communities, reflecting the scale and diversity of
gaming enthusiasts today.
Contacts
Enthusiast Gaming: Felicia DellaFortuna, Chief
Financial
OfficerInvestors: investor@enthusiastgaming.comMedia:
press@enthusiastgaming.com
Forward Looking InformationThis
news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast Gaming anticipates or expects may or
will occur in the future (in whole or in part) should be considered
forward-looking information. Often, but not always, forward-looking
information can be identified by the use of words such as “plans”,
“expects”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates”, or “believes” or variations
(including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or
“will” (or other variations of the forgoing) be taken, occur, be
achieved, or come to pass. Forward-looking statements in this news
release include, but are not limited to, statements regarding the
Company’s strategic initiatives and events.
Forward-looking statements are based on
assumptions and analyses made by the Company in light of its
experience and its perception of historical trends, current
conditions and expected future developments, including, but not
limited to, expectations and assumptions concerning interest and
foreign exchange rates; capital efficiencies, cost saving and
synergies; growth and growth rates; the success in the esports and
media industry; and the Company’s growth plan. While Enthusiast
Gaming considers these assumptions to be reasonable, based on
information currently available, they may prove to be incorrect.
Readers are cautioned not to place undue reliance on
forward-looking statements. In addition, forward-looking statements
necessarily involve known and unknown risks, including, without
limitation, risks associated with general economic conditions; the
timing and filing of the final base shelf prospectus and
corresponding Registration Statement; the potential offering of any
Securities by the Company; uncertainty with respect to the
completion of any future offering; the ability to obtain applicable
regulatory approvals for any contemplated offerings; the ability of
the Company to negotiate and complete future funding transactions;
adverse industry events; and future legislative, tax and regulatory
developments. Readers are cautioned that the foregoing list is not
exhaustive. For more information on the risk, uncertainties and
assumptions that could cause anticipated opportunities and actual
results to differ materially, please refer to the public filings of
Enthusiast Gaming which are available on SEDAR+ at
www.sedarplus.ca. Readers are further cautioned not to place undue
reliance on forward-looking statements as there can be no assurance
that the plans, intentions or expectations upon which they are
placed will occur. Such information, although considered reasonable
by management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement and reflect our
expectations as of the date hereof, and thus are subject to change
thereafter. Enthusiast Gaming disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by applicable law.
Neither the TSX Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Exchange) accepts responsibility for the adequacy or accuracy
of this release.
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