Associated tags: Content, Genz, Element, Millennials, Enthusiast Gaming, Enthusiasm, TSX, EGLX, Video game, SEDAR, News
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LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX) will report financial and operating results for its first quarter ending March 31, 2024, on Wednesday, May 15, 2024, after the market closes.
Key Points:
- LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX) will report financial and operating results for its first quarter ending March 31, 2024, on Wednesday, May 15, 2024, after the market closes.
- Management will host a conference call and webcast that same day at 5:00 p.m.
- ET.
Retrieved on:
Wednesday, April 17, 2024
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Rocket League 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.
Key Points:
- 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.
- 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.
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Video game LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, is pleased to announce that Luminosity Gaming, the Company’s gaming and esports brand, will be hosting a live in-person Super Smash Bros Ultimate invitational event in partnership with Kroger and Blackhawk Network.
Key Points:
- LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, is pleased to announce that Luminosity Gaming, the Company’s gaming and esports brand, will be hosting a live in-person Super Smash Bros Ultimate invitational event in partnership with Kroger and Blackhawk Network.
- The event will be commentated by Luminosity content creators Maximillian ‘MaxKetchum’ Krchmar and Phillip ‘EE’ Stewart, and live streamed directly on Luminosity Gaming’s Twitch and YouTube channels.
- The announcement alone of the Luminosity Invitational Presented by Kroger Gaming had already generated hundreds of thousands of views within the first 24 hours.
- “This custom event showcases the value of fostering deep relationships with engaged communities,” said Adrian Montgomery, Interim CEO and Board Chair of Enthusiast Gaming.
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Video game LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, today announced financial results for the three (“Q4 2023”) and 12 months ended December 31, 2023 (“FY 2023”).
Key Points:
- LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, today announced financial results for the three (“Q4 2023”) and 12 months ended December 31, 2023 (“FY 2023”).
- “We are moving swiftly to simplify and streamline our business in order to improve financial performance,” commented Adrian Montgomery, Board Chair and interim CEO of Enthusiast Gaming.
- Direct Sales (included in revenue) increased by 3% to $13.2 million in Q4 2023 compared to $12.8 million in Q4 2022.
- Adjusted EBITDA loss was $3.0 million in Q4 2023 compared to an Adjusted EBITDA loss of $5.2 million in Q4 2022.
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Enthusiast Gaming LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, today announced it has entered into a definitive agreement (the “Asset Sale Agreement”) for the divestment of certain non-core and non-profitable casual gaming assets (the “Assets”) for a purchase price of approximately C$4.1 million.
Key Points:
- LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, today announced it has entered into a definitive agreement (the “Asset Sale Agreement”) for the divestment of certain non-core and non-profitable casual gaming assets (the “Assets”) for a purchase price of approximately C$4.1 million.
- The Assets comprise a subset of Enthusiast Gaming’s casual gaming business, and the divestment is a continuation of a number of recent strategic actions designed to enhance the Company’s operational efficiency while emphasizing high-margin revenue growth and sustainable profitability.
- “We are swiftly executing on our strategic objectives including operational efficiency, enhancing liquidity, and building a platform of sustainable profitability,” said Adrian Montgomery, Board Chair and Interim CEO of Enthusiast Gaming.
- “This sale of a subset of non-core and non-profitable assets for C$4.1 million underscores our dedication to strengthening our balance sheet while simultaneously reducing operating costs.
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Video game “Forging this partnership with Playwire provides Enthusiast Gaming with a world class adtech platform so that we can focus on our core -- building communities, and creating and curating content and experiences that engage gamers and esports fans,” said Board Chair and Interim CEO Adrian Montgomery. “The strategic initiative to outsource our adtech is a key element of our simplified and streamlined strategy. As a result of this partnership, along with other efficiency initiatives, we are well-positioned to deliver meaningful improvement in financial performance while continuing to serve our audience and brands.”
Key Points:
- LOS ANGELES, March 28, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), the leading gaming and media company in North America, today announced a multi-year partnership with leading advertising technology provider Playwire.
- Enthusiast Gaming will leverage RAMP®, Playwire’s complete Revenue Amplification Management Platform, to power Enthusiast Gaming’s network of gaming websites, channels and apps.
- Playwire brings nearly two decades of experience helping enterprise organizations manage multiple sites and a strong legacy in gaming.
- This will allow Enthusiast Gaming to optimize its programmatic performance and drive incremental revenue opportunities.
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Video game LOS ANGELES, March 22, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, is pleased to announce that Mr. Thomas Hearne has been appointed to the board of directors of the Company, effective as of March 20, 2024.
Key Points:
- LOS ANGELES, March 22, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, is pleased to announce that Mr. Thomas Hearne has been appointed to the board of directors of the Company, effective as of March 20, 2024.
- "We are very excited to welcome Tom to our Board," commented Adrian Montgomery, Board Chair and Interim CEO of Enthusiast Gaming.
- "His extensive expertise in gaming, esports and media, coupled with his strong financial acumen, will make him a valuable addition to our team."
- “I am honored to be joining the Board of Directors of Enthusiast Gaming,” said Mr. Hearne.
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Video game LOS ANGELES, March 14, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, today announced that its next live event Pocket Gamer Connects (PGC) will take place in San Francisco on March 18-19.
Key Points:
- LOS ANGELES, March 14, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, today announced that its next live event Pocket Gamer Connects (PGC) will take place in San Francisco on March 18-19.
- Being held immediately prior to the Game Developers Conference (GDC 2024), PGC San Francisco is expected to draw a large crowd of video game developers, publishers and other industry professionals to connect, do business and learn from industry leaders.
- “Pocket Gamer Connects has produced must attend events around the world for over a decade to advance this industry and serve the ever-growing ecosystem.
- Other PGC events to come this year include the GameExpo Summit in Dubai May 1-2; PGC Helsinki October 1-2, and PGC Jordan November 9-10 plus the Mobile Games Awards on August 20 in Cologne and more to come.
LOS ANGELES, March 07, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, today announced that it has undertaken a series of strategic and operational actions designed to enhance the Company’s business model in the areas most critical to its future success, renewing its commitment to the growth and development of its highly engaged gaming communities and focusing the business on drivers of high-margin revenue growth and sustainable profitability.
Key Points:
- Cost savings initiatives and operational efficiencies include efficiencies in ad tech, the consolidation of offices, the insourcing of production and content resources, headcount reductions and other areas.
- Enthusiast Gaming's immediate priority is to enhance organizational effectiveness and community engagement.
- Enthusiast Gaming will report financial and operating results for its fourth quarter ending December 31, 2023, after the market closes on Monday, April 1, 2024.
- Live conference call: 1-855-239-1101 (Toll Free) or 1-412-317-5231 (Conference ID: 10187154)
An archived recording of the webcast will be available on the Investor Relations page of the Enthusiast Gaming website, enthusiastgaming.com/investors .
Retrieved on:
Wednesday, February 28, 2024
LOS ANGELES, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), the leading gaming and media company in North America, is pleased to announce that its data-driven and insights platform, U.GG, has achieved over 2.1 million downloads of its League of Legends desktop applications, including over 575,000 downloads of its proprietary application since June 2023.
Key Points:
- LOS ANGELES, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), the leading gaming and media company in North America, is pleased to announce that its data-driven and insights platform, U.GG, has achieved over 2.1 million downloads of its League of Legends desktop applications, including over 575,000 downloads of its proprietary application since June 2023.
- This milestone highlights the continued progress of the Company’s strategic goal to convert the 10 million monthly average users of U.GG’s website into users of its proprietary desktop application where it benefits from significantly improved monetization, with Q4 2023 monetization per user showing an 8x improvement on the desktop application versus the U.GG website.
- In addition, U.GG’s League of Legends desktop application has shown significant improvements in key engagement metrics, including active users, which increased 43.3% from December 2023 to January 2024, and average pageviews per session, which saw an 18% improvement between Q4 2023 and Q1 2024.
- “Our League of Legends desktop application offers players assistive data and insights at every stage of the game and is purpose-built to allow players of every level to optimize their gameplay,” commented J.B. Elliott, EVP Strategy of Enthusiast Gaming.
