Associated tags: Content, Genz, Millennials, Element, Enthusiast Gaming, Enthusiasm, TSX, EGLX, Video game
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Security (finance) LOS ANGELES, June 13, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX:EGLX), (Enthusiast Gaming or the Company), an integrated gaming entertainment company, today announced its director nominees for election to its Board of Directors (the Board) at the Companys upcoming Annual General Meeting.
Key Points:
- LOS ANGELES, June 13, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX:EGLX), (Enthusiast Gaming or the Company), an integrated gaming entertainment company, today announced its director nominees for election to its Board of Directors (the Board) at the Companys upcoming Annual General Meeting.
- Enthusiast Gaming is growing rapidly and has a strong pipeline in place with a proven management team, exceptionally positioned to make the Company a dominant force in gaming and esports entertainment.
- I am thankful for my time on the Board and know that the Companys directors and management will continue to drive growth, said Francesco Aquilini.
- Enthusiast Gaming is an integrated gaming entertainment company, building the largest media and content platform for video game and esports fans to connect and engage worldwide.
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Security (finance) The Addicting Games deferred payments, Outplayed deferred and earn-out payments and Vedatis deferred payment (collectively, the Vendor Obligations) represented a total liability for the Company of more than US$40 million to be paid over a period lasting until December 2023, with the Vedatis 750,000 payment due in May 2022 and the first Addicting Games US$7 million payment due in September 2022.
Key Points:
- The Addicting Games deferred payments, Outplayed deferred and earn-out payments and Vedatis deferred payment (collectively, the Vendor Obligations) represented a total liability for the Company of more than US$40 million to be paid over a period lasting until December 2023, with the Vedatis 750,000 payment due in May 2022 and the first Addicting Games US$7 million payment due in September 2022.
- The Outplayed earn-out shares specifically formed part of the negotiations due to Outplayeds post-closing site traffic performance consistently meeting or exceeding the targets for such earn-out payments.
- Enthusiast Gaming is an integrated gaming entertainment company, building the largest media and content platform for video game and esports fans to connect and engage worldwide.
- Through its proprietary mix of digital media and entertainment assets, Enthusiast Gaming has built a vast network of like-minded communities to deliver the ultimate fan experience.
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List of Reed College buildings LOS ANGELES, May 24, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX: EGLX), (“Enthusiast Gaming” or the “Company”), an integrated gaming entertainment company, today issued the following statement addressing the misleading and baseless letter to the Company’s board of directors (the “Board”) sent by activist investor Greywood Investments, LLC (“Greywood”).
Key Points:
- Enthusiast Gaming is well positioned to continue delivering rapid top line growth, while increasing gross profit at a significantly faster rate following strong Q1 results that beat consensus estimates
LOS ANGELES, May 24, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX: EGLX), (Enthusiast Gaming or the Company), an integrated gaming entertainment company, today issued the following statement addressing the misleading and baseless letter to the Companys board of directors (the Board) sent by activist investor Greywood Investments, LLC (Greywood).
- Enthusiast Gaming regularly engages with its shareholders and continues to welcome constructive input focused on enhancing value.
- Despite the unnecessary distraction caused by Greywood, the Companys Board and management remain focused on executing on our strategy, said John Albright, lead Director of Enthusiast Gaming.
- Greywood has kept details about itself under wraps and there is no information on who controls Greywood, their operations, or track record.
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Video game LOS ANGELES, May 19, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX: EGLX), (Enthusiast Gaming or the Company), an integrated gaming entertainment company, today announced that the Company will participate in the 17th Annual Needham Technology & Media Conference.
Key Points:
- LOS ANGELES, May 19, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX: EGLX), (Enthusiast Gaming or the Company), an integrated gaming entertainment company, today announced that the Company will participate in the 17th Annual Needham Technology & Media Conference.
- Enthusiast Gaming CEO, Adrian Montgomery, will conduct a virtual presentation on May 19, 2022, from 3:00 - 3:40 pm ET.
- Enthusiast Gaming is an integrated gaming entertainment company, building the largest media and content platform for video game and esports fans to connect and engage worldwide.
- Through its proprietary mix of digital media and entertainment assets, Enthusiast Gaming has built a vast network of like-minded communities to deliver the ultimate fan experience.
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United States Navy LOS ANGELES, May 16, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX; TSX:EGLX), an integrated gaming entertainment company, today announced financial results for the three months ended March 31, 2022 (“Q1 2022”).
Key Points:
- LOS ANGELES, May 16, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Enthusiast Gaming or the Company) (NASDAQ:EGLX; TSX:EGLX), an integrated gaming entertainment company, today announced financial results for the three months ended March 31, 2022 (Q1 2022).
- Q1 2022 gross profit was particularly strong and effectively equal to Q4 2021 gross profit, despite a strong seasonal difference between the two periods, commented Adrian Montgomery, CEO of Enthusiast Gaming.
- Management will host a conference call and webcast on May 16, 2022, at 5:00 p.m. Eastern Time to review and discuss the first quarter 2022 results.
- Enthusiast Gaming is an integrated gaming entertainment company, building the largest media and content platform for video game and esports fans to connect and engage worldwide.
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Security (finance) 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.
Key Points:
- 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.
- While Enthusiast Gaming considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect.
- 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.sedar.com .
- 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.
Retrieved on:
Wednesday, April 27, 2022
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Risk management LOS ANGELES, April 27, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ: EGLX; TSX: EGLX), an integrated gaming entertainment company, today announced that its digital media property surpassed one billion Total Views per month in the United States, based on recent digital media ratings from Comscore, an independent third-party media measurement firm.
Key Points:
- 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.
- Forward-looking statements in this news release include, but are not limited to, statements regarding the growth of the Companys audience and viewership, and the Companys direct sales process.
- While Enthusiast Gaming considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect.
- 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.
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Security (finance) 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.
Key Points:
- 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.
- Forward-looking statements in this news release include, but are not limited to, statements regarding planned events operated by the Companys entertainment division.
- While Enthusiast Gaming considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect.
- 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.
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Video LOS ANGELES, April 05, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX:EGLX), (Enthusiast Gaming or the Company), an integrated gaming entertainment company, is pleased to announce today that the Company will participate in CampaignTech East in Washington, D.C., on April 6, 2022.
Key Points:
- LOS ANGELES, April 05, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX; TSX:EGLX), (Enthusiast Gaming or the Company), an integrated gaming entertainment company, is pleased to announce today that the Company will participate in CampaignTech East in Washington, D.C., on April 6, 2022.
- Speaking at CampaignTech East is a great opportunity for Enthusiast Gaming to continue delivering unique solutions for the public sector, including political campaigns, particularly as we head into midterm elections later this year, said Adrian Montgomery, CEO of Enthusiast Gaming.
- Enthusiast Gaming is an integrated gaming entertainment company, building the largest media and content platform for video game and esports fans to connect and engage worldwide.
- Through its proprietary mix of digital media and entertainment assets, Enthusiast Gaming has built a vast network of like-minded communities to deliver the ultimate fan experience.
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The Walt Disney Company LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX; TSX:EGLX), an integrated gaming entertainment company, today announced financial results for the year ended December 31, 2021.
Key Points:
- 2021 Annual Revenue of $167.4 Million, Year-over-Year Increase of 130%
2021 Gross Profit of $37.8 Million, Year-over-Year Increase of 102%
2021 Annual Direct Sales of $22.2 Million, Year-over-Year increase of 344%
LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Enthusiast Gaming or the Company) (NASDAQ:EGLX; TSX:EGLX), an integrated gaming entertainment company, today announced financial results for the year ended December 31, 2021.
- Direct sales are included in revenue
Our momentum continues and we are pleased to confirm our record breaking results from Q4 2021, commented Adrian Montgomery, CEO of Enthusiast Gaming.
- "Our higher yield and higher margin revenue streams are expanding, with noticeable impacts to the income statement," commented Alex Macdonald, CFO of Enthusiast Gaming.
- Enthusiast Gaming is an integrated gaming entertainment company, building the largest media and content platform for video game and esports fans to connect and engage worldwide.
