Technology News

Global esports organization Gen.G and Mobil 1™, the Official Motor Oil of the NBA, have teamed up to launch The Tune Up, a program designed to help NBA2K players tune up their skills and tune up the community.

Mobil 1 Challenges NBA2K Players to Tune Up Their Game with Gen.G Tigers of Shanghai

The Tune Up program runs from January 11th until May 31st and will launch with a NBA2K tournament, giving gamers the chance to compete for cash prizes of, fittingly, $2000 . In May 2022 , Gen.G and Twitch Partner LosPollosTV will host a second round of tournaments where more $2000 prizes will be on the line. Both tournament finals will be hosted on Gen.G's Twitch channel at twitch.tv/gengesports .

Competing in a tournament is not the only way for gamers to win with Mobil 1 and tune up their skills. The program also includes a Tune Up Sweepstakes. By entering, fans and creator communities will have a chance to win 1:1 coaching sessions with 2K pros, along with other prizes including NBA2K virtual currency and a PS5. To round out the skills side of the activation, the Mobil 1 brand and Gen.G will host a four-part stream series hosted by Twitch partners like MoBuckets, itsPikaaa, and ChicoFilo all about NBA2K gameplay and tips and tricks for gamers to step up their prowess.

The program extends outside of the virtual world as well. The Mobil 1 brand will collaborate with 2K Foundations for a court rehabilitation in Minneapolis , and with Project Backboard for two additional projects in Cleveland and New York , adding an additional dimension to the tune up concept.

"We are incredibly excited to work with Gen.G to create connections across the NBA ecosystem and deliver a one-of-a-kind experience for fans," said Jeremy Blair , Mobil 1 brand strategy and communications advisor. "In the same way the Mobil 1 helps you tune up your car, The Tune Up program is all about finding ways to take the NBA2K experience to the next level, both in-game and out."

"We continue to push the envelope and engage gamers with unique opportunities by creating innovative programs with partners like Mobil 1," said Kahlil Keys , Director of Strategic Partnerships for Gen.G. "We cannot wait to help NBA 2K players and fans "Tune Up" their game and their communities through hands-on support, impactful experiences, and instructional content."

Terms and conditions for The Tune Up Tournament and Sweepstakes can be found here .

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SOURCE Gen.G

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GAMING00
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

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X1 Esports Closes Acquisition of Assets of Rocket League Community, ShiftRLE

X1 Esports Closes Acquisition of Assets of Rocket League Community, ShiftRLE

  • The transaction is anticipated to strengthen X1's position in video game media, adding Shift's 30,000+ social media followers at twitter.com/ShiftRLE
  • Rocket League globally averages over 80M players per month 1
  • The acquisition is X1's second closed post IPO acquisition after the announcement of the closing of the Tyrus LLC acquisition on August 5 th 2022.

X1 Esports and Entertainment Ltd. (CSE:XONE) ("X1" or the "Company"), a video games and media portfolio company which owns and operates a growing Esports franchise and a leading creator economy business is pleased to announce, further to its news release dated July 25, 2022, it has closed its previously announced acquisition of the assets comprising of ShiftRLE ("Shift"), an online news outlet focused on the popular video game, Rocket League.

In connection with the acquisition of the assets comprising of the business of Shift, the Company has entered into consulting agreements with four vendors, who as key personnel will be responsible for the continued operation of Shift, and distributed to such persons 333,333 common shares in the capital of X1 with a deemed issue price of CAD$0.45 per common share (the "Consideration Shares"). In addition to the Consideration Shares, the Company is paying a cash purchase price to the vendors of US$50,000 cash, of which US$25,000 was paid in connection with the closing of the acquisition and US$25,000 payable within 45 days after the closing date. The vendors will also be eligible to receive earn-out payments for 36 months from the closing date as payment of a 7% share of gross revenues Shift earns to a maximum of US$250,000 (the "Earnout"). The Earnout may be paid in cash or common shares at the election of the Company, at a deemed price equal to the fourteen day trading price prior to the payment date or such other price as may be required by the policies of the Exchange .

The Consideration Shares will be subject to subject to a CSE imposed hold period of four months from the date of issuance, and a contractual resale restriction that will result in 25% of the Consideration Shares being released six (6) months following the closing date, and 25% being released at six (6) month intervals thereafter. For further information related to the acquisition terms, please the Company's news release dated July 25, 2022.

" We are thrilled to have closed on the Shift acquisition," said Mark Elfenbein, CEO of X1. " Not only has the Shift community grown considerably over the past year, but we believe that Rocket League has tremendous global appeal with fans looking for the content that Shift can offer."

Information Related to ShiftRLE

Las Vegas-based ShiftRLE, led by co-founders Achilleas Fotiou and Jalen Jones, has demonstrated consistent user audience growth since launching in 2020. Shift currently reaches over 8 million impressions during the seasonal period of RLCS, while seeing growth of 14 million impressions during transfer periods where the roster news cycle is most active. With operations in America and Europe, the organization has established an international presence in the Esports industry.

" As Rocket League continues its climb to becoming a household name in the esports and gaming worlds, our team at Shift will remain committed to being a part of it in multiple facets. X1's investment should not only reflect their belief in us, but the potential that Rocket League has as a whole. We're extremely excited to continue building Shift and to fully realize our aspirations of becoming that multimedia company that will stick around for years to come".

Rocket League is one of the world's leading esports 2 . With 5-minute games that feature non-stop action, the car-soccer hybrid game has seen significant growth with players across demographics since its launch, now seeing global averages of 80M players per month, according to Active Player 3 .

Shift is an independent news source for Rocket League fans. It first rose to prominence by getting exclusive, behind-the-scenes information on Rocket League roster moves and tryouts before they were public knowledge. Shift plays a key role in ensuring the conversation around Rocket League esports continues beyond the pitch through coverage and insight regarding roster transactions and general esport news, ensuring fans stay engaged even during slower competitive periods.

About X1

X1 Esports and Entertainment is a video game and media portfolio company which owns and operates a growing esports franchise, RixGG. The business of the Company is the competitive playing of video games by teams for cash prizes, and operations ancillary to such competition, such as merchandising and the hosting of tournaments.

For more information, please contact:

Mark Elfenbein

CEO and Director

info@X1Esports.com
www.X1Esports.com

FORWARD LOOKING STATEMENTS:

Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking information in this news release includes the the ability of ShiftRLE to integrate into the X1 portfolio as anticipated or at all, the growth of ShiftRLE and the establishment of ShiftRLE as a multimedia company with longevity in the space, and the achievement of any revenue by ShiftRLE. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations, as well as a failure to achieve the growth anticipated, together with or apart from Shift,, changing market and industry conditions, the ability of each of X1 and ShiftRLE to implement their respective business strategies, including expansion plans,, the continued relevance of ShiftRLE's media capabilities, competitive conditions, adverse industry events, availability of capital and financing as needed, and the continued relevance of Rocket League. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. 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. The forward-looking statements contained in this news release are made as of the date of this news release and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

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LG ULTRAGEAR NAMED THE OFFICIAL GAMING MONITOR OF RAPTORS UPRISING GAMING CLUB

Toronto's NBA 2K team plays with innovative gaming tech on the virtual court

Today, LG Electronics Canada (LG) is proud to announce that the LG UltraGear™ monitor (27GP950-B) has been named the official monitor for Raptors Uprising Gaming Club, the NBA 2K League affiliate of the Toronto Raptors. The announcement further extends the longstanding partnership between LG and Maple Leaf Sports and Entertainment (MLSE) within the esports domain.

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TOHO INTERNATIONAL, INC. AND STERN PINBALL ANNOUNCE: THE GODZILLA STERN HEADS-UP PINBALL INVITATIONAL

Watch Competitors Navigate Chaos and Destruction Through the Eyes of Godzilla! Only the King of Monsters Will Win!

Stern Pinball, Inc ., Everyone's favorite monster, Godzilla has been demolishing cities for over sixty-eight years. On August 10 tune in to watch eight players destroy each other in an action-packed, single-elimination bracket all in hopes of bringing home a brand-new Godzilla pinball machine!

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Americas Cardroom Continues $25 Million OSS Cub3d with Online Super Series

- After catering to low stakes players for the last week, US-facing online poker site Americas Cardroom is continuing its $25 Million OSS Cub3d with the Online Super Series . The flagship series runs from today through August 21st .

The Online Super Series (OSS) runs from August 8 th to 21 st . This series appeals to all player types from beginner to pro, with small, medium and large buy-ins. The OSS Cub3d then concludes with the high roller focused Bigger Online Super Series (BOSS) from August 22 nd to 29 th .

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Veteran Game Developer, Ric Neil, Joins Streamline Studios as Managing Director for New US Development Hub

Ric Neil will oversee partnerships, platform, and product development for Streamline Studios USA

Today, Streamline, a global video game and Metaverse development studio, announced that Ric Neil has joined the company as the Managing Director of Streamline Studios USA . Neil brings his 30-year successful and varied career in video game development with experience at Unity, Amazon, EA, Konami, Glu, Microsoft, and more to the Streamline roster of global production studios.

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FaZe Clan Sets Second Quarter 2022 Business Update Webcast for Monday, August 15, 2022, at 2:00 p.m. PT

FaZe Holdings Inc. (Nasdaq: FAZE) ("FaZe Clan"), the lifestyle and media platform rooted in gaming and youth culture, today announced that it will hold a webcast and conference call on Monday, August 15, 2022 at 2:00 p.m. Pacific Time ( 5:00 p.m. Eastern Time ) to review its business strategy and financial results for the second quarter ended June 30, 2022 .

FaZe Clan Logo (PRNewsfoto/FaZe Clan)

Event: FaZe Holdings Inc. Second Quarter Business Update
Date: Monday, August 15, 2022
Time: 2:00 p.m. Pacific Time ( 5:00 p.m. Eastern Time )
Webcast: https://events.q4inc.com/attendee/243466355
Toll Free Dial-In: 1 (888) 440-6928
Toll Dial-In: 1 (646) 960-0328
Dial-In Conference ID: 1341513

Management will also respond to pre-submitted investor questions on the webcast. To submit a question, please email ir@fazeclan.com .

An archived webcast of the conference call will also be accessible on FaZe Holdings Inc.'s Investor Relations page, https://investor.fazeclan.com .

ABOUT FAZE CLAN

FaZe Holdings Inc. (Nasdaq: FAZE) is a digital-native lifestyle and media platform rooted in gaming and youth culture, reimagining traditional entertainment for the next generation. Founded in 2010 by a group of kids on the internet, FaZe Clan was created for and by Gen Z and Millennials, and today operates across multiple verticals with transformative content, tier-one brand partnerships, a collective of notable talent, and fashion and consumer products. Reaching over 500 million followers across social platforms globally, FaZe Clan delivers a wide variety of entertainment spanning video blogs, lifestyle and branded content, gaming highlights and live streams of highly competitive gaming tournaments. FaZe Clan's roster of more than 85 influential personalities consists of engaging content creators, esports professionals, world-class gamers and a mix of talent who go beyond the world of gaming, including NFL star Kyler "FaZe K1" Murray, Lebron "FaZe Bronny" James Jr., Lil Yachty aka "FaZe Boat," Offset aka "FaZe Offset," and Snoop Dogg aka "FaZe Snoop." Its gaming division includes 11 competitive esports teams who have won 35 world championships. For more information, visit www.fazeclan.com , investor.fazeclan.com and follow FaZe Clan on Twitter, Instagram, YouTube, TikTok, and Twitch. The content of any website referenced or hyperlinked in this communication is neither incorporated into, nor part of, this communication.

CONTACTS
Investors:
ir@fazeclan.com
Media:
chelsey.northern@fazeclan.com

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/faze-clan-sets-second-quarter-2022-business-update-webcast-for-monday-august-15-2022-at-200-pm-pt-301602064.html

SOURCE FaZe Clan

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