Good Gamer Provides Business Update

(TheNewswire)

Good Gamer Entertainment

VANCOUVER, BC TheNewswire - October 31, 2022 - Good Gamer Entertainment Inc. (TSXV:GOOD) (OTC:GGAMF) ("Good Gamer" or the "Company"), a multi-faceted play-to-earn mobile games, app, and platform developer, is pleased to provide the following business update:

  Playcash Play-To-Earn Game Discovery Platform Launch

The Playcash play-to-earn game discovery platform from Good Gamer was successfully beta-tested and released in the Google Play Store in August 2022. Playcash is a platform for finding new games that rewards users with Playcash for downloading and playing games or completing surveys. Players can exchange their Playcash rewards for gift cards from the biggest online merchants and prepaid charge cards from the two most well-known credit card providers through Playcash.

Since its debut, Playcash has amassed over 40,000 installs in the Google Play Store and offers players hundreds of games to choose from in order to accrue loyalty points. All types of mobile games, including arcade, puzzle, social casino, and hypercasual games, are available for free in the app.

"We are very pleased with the response to the beta launch of Playcash," said Good Gamer CEO Charlo Barbosa. "In addition to increasing the number of games and game partnerships we provide, we have been working on polishing the app. For the fourth quarter of this year, we will be concentrating on an aggressive user acquisition approach. People are searching for more side gigs due to rising unemployment and inflation, and since playing hypercasual games is a simple method for people to pass the time, Playcash is a terrific recession-proof offering. In contrast to other play-to-earn blockchain games, Playcash relies solely on advertising revenue, and not cryptocurrency."

  Upcoming Web Based Game Platform Launch

The imminent release of Good Gamer's Web-based gaming platform for desktop and mobile customers is a new upcoming product the Company is excited to announce. Over 1,500 games, including 2-player, multiplayer, hypercasual, puzzle, 3D, action, adventure, arcade, social, sports, and more, will be available on the Good Gamer platform. The platform is anticipated to launch in mid-November 2022, followed soon after by a B2B offering aimed at mobile app developers. Publishers will be eligible to receive a revenue share of any advertising revenue generated by their users who play Good Gamer games.

"For publishers, the B2B Good Gamer games offering will be a game-changing solution. Without having to invest any money on user acquisition, this approach will significantly expand Good Gamer's userbase and reach. We'll be focusing on apps with at least 100,000 users. In contrast to the Playcash app, which is only available for Android, the product may be integrated with both Android and iOS apps," said Charlo Barbosa.

Good Gamer also announces that Praveen Varshney has resigned from the Board of Directors, effective October 31, 2022 to pursue other ventures. The Board thanks Mr. Varshney for his services and wishes him all the best in future endeavours.

About Good Gamer Entertainment Inc.

Good Gamer Entertainment Inc. (TSXV: GOOD) (OTCQB: GGAMF) is a developer of play-to-earn games, mobile apps, and platforms with several facets. Players are able to explore new gaming opportunities using the Playcash app. Playcash loyalty points can be redeemed for gift cards from the most prominent online retailer as well as prepaid charge cards from the two most widely used credit card providers.

For further information: James Young, Corporate Development, E-mail: info@GoodGamer.gg,

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Resulting Issuer undertakes no obligation to publicly update or revise forward-looking information.

The forward-looking statements contained in this news release are made as of the date of this news release.  Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Good Gamer Entertainment Inc.

  Related Links

https://goodgamer.ca

Copyright (c) 2022 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

GAMING00
The Conversation (0)
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Holdings


Keep reading...Show less
Person holding phone that says "GameStop" in front of stock trading charts.

GameStop Frenzy Cools, E*Trade Considers Roaring Kitty Ban

GameStop (NYSE:GME) continues to cool following a trading frenzy that drove shares up by 75 percent between the close of trading last Friday (May 31) and the start of trading on Monday (June 3).

The brief rally, which took GameStop shares to US$40.09 on Monday morning, was sparked by a Reddit (NYSE:RDDT) post made late Sunday (June 2) by an account tied to the video game retailer's most prominent supporter, Keith Gill.

Gill, who ignited the meme stock craze in 2021 and is known as Roaring Kitty on other platforms, posted a screenshot on Reddit's Superstonk subreddit that shows a purported US$175 million position in GameStop shares and call options.

Keep reading...Show less
Cell phone showing GameStop stock chart.

GameStop Surges Over 70 Percent in Flashback to 2021 Frenzy

Over three years after the infamous GameStop (NYSE:GME) short squeeze, the American retailer’s share price skyrocketed as much as 110 percent on Monday (May 13) before pulling back to a more than 70 percent gain.

The surge came on the heels of a social media post by "Roaring Kitty," also known as Keith Gill. His first online appearance since 2021 has reignited memories of the meme stock frenzy that captivated markets in 2021.

Gill, who gained notoriety for his bullish stance on GameStop, posted a meme on X (formerly Twitter) depicting a focused video gamer. It received widespread attention, accumulating over 81,000 likes and 9,000 comments in just a few hours.

Keep reading...Show less
NorthStar Gaming Chairman and CEO Michael Moskowitz.

NorthStar Gaming Leverages Content to Create Engaged, Active Players, CEO Says

NorthStar Gaming (TSXV:BET,OTCQB:NSBBF) is leveraging its rich, compelling content to better engage its customers, which ultimately leads to higher revenue, said NorthStar Chairman and CEO Michael Moskowitz, following an earlier announcement that the company is rolling out enhancements to the Sports Insights content on its platform.

“From the time that we founded NorthStar Gaming, we took the view that providing compelling content would lead to higher engagement with our customers,” he said. "And we're finding just that. We're planning to launch Sports Insights 2.0 in the first half of 2024 with redesigned sports and homepages, live scoreboards and tickers, live odds, trending topics and a greater tie-in in terms of the player journey and promotional offers that we provide to them."

Moskowitz noted that leveraging content helps attract new customers, with several media organizations using the company’s content on their own sites. “Ultimately, these articles and this content will help to create awareness around the NorthStar Bets brand and platform, and ultimately drive traffic to our site, which will convert into revenue.”

Keep reading...Show less
hand touching phone

Game-changing Prospects for the iGaming Market

iGaming has grown considerably in recent years. Driven by innovations in web technology and a changing regulatory landscape, online casinos and sportsbooks are more popular than ever.

To understand how the landscape may change moving forward, investors should assess how the industry has evolved in recent years.

Keep reading...Show less
smartphone on podium

Top Trends Shaping the Canadian iGaming Market

From emerging technologies to evolving regulations, the trajectory of iGaming has changed substantially in recent years as the market has experienced significant growth.

In 2022, Ontario's provincial government introduced game-changing legislation that established a regulatory framework for iGaming. Due to this legislation, regulated iGaming successfully displaced the unregulated market, according to Attorney General Doug Downey, creating over 1.6 million active player accounts across more than 70 operator websites as of April 2023 — just over one year following the change.

Ontario's regulation has also laid the groundwork for widespread change in the iGaming space across Canada. As iGaming continues to evolve, it's important to have a deeper understanding of both new and existing trends that will shape the industry's future, as well as regulations.

Keep reading...Show less

Latest Press Releases

Related News

×