eSports

Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") and their EGL brand have signed a partnership with NetEase (NASDAQ: NTES) to become their official North American tournament and broadcasting provider for Naraka: Bladepoint, running the entirety of the Morus Cups Seasons One, Two, and Three, which take place between September and November 2021. The Company will run the tournaments as well as produce the broadcasts to cover it all. This partnership is another six-figure source of revenue for the Company.

The partnership's promotion began at the end of August with the Asura Showmatch, with players getting an opportunity to go up against some of the world's most popular streamers. The event drew over 85,000 viewers.

"Nakara: Bladepoint has already taken the gaming world by storm, and we are hoping that in working with NetEase, we can build a fun, competitive and sustainable esport ecosystem," said Glen Elliott, General Manager of EGL. "It's a pleasure working with such a global giant like NetEase on launching their esport activation around its new exciting game, Nakara: Bladepoint."

Each of the three seasons of the Morus Cup will be narrowed down through three stages with each having a distinct prize pool of $20,000, including a qualification into the December Grand Finals that has a $100,000 reward. The Grand Finals will be broadcasted live in studio.

"We couldn't be more thrilled to partner with Esports Entertainment Group and EGL to bring an amazing gaming experience to our Naraka: Bladepoint players," said Archer Wang, Marketing Executive of NetEase's 24 Entertainment. "With the success of August's showmatch, we are more than confident in Esports Entertainment Group's ability to create a top notch event for both our competitors and viewers."

The Morus Cup kicked off on September 4 and Nakara: Bladepoint looks to be one of the battle royale genre's hottest new entries. Nakara: Bladepoint has recently been nominated for a Golden Joystick Award in the category of Best Multiplayer Game.

About Esports Entertainment Group

Esports Entertainment Group is a full stack esports and online gambling company fueled by the growth of video-gaming and the ascendance of esports with new generations. Our mission is to help connect the world at large with the future of sports entertainment in unique and enriching ways that bring fans and gamers together. Esports Entertainment Group and its affiliates are well-poised to help fans and players to stay connected and involved with their favorite esports. From traditional sports partnerships with professional NFL/NHL/NBA/FIFA teams, community-focused tournaments in a wide range of esports, and boots-on-the-ground LAN cafes, EEG has influence over the full-spectrum of esports and gaming at all levels. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

U.S. Investor Relations
RedChip Companies, Inc.
Dave Gentry
407-491-4498
dave@redchip.com

Media Inquiries
brandon.apter@esportsentertainmentgroup.com

Investor Relations Inquiries
Jeff@esportsentertainmentgroup.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/100548

News Provided by Newsfile via QuoteMedia

VALENTINO ROSSI JOINS THE VIRTUAL WORLD WITH VR46 METAVERSE, A NEWCO FOUNDED WITH THE HUNDRED MEDIA HOLDING AND DEDICATED TO THE VR46 BRAND IN THE METAVERSES

Valentino Rossi , with the Italian media holding The Hundred, reaches another milestone in the development of VR46 brand, offering innovative contents and immersive virtual experiences for motorsport fans around the world.

Valentino Rossi nine times world champion and one of the most famous sports stars of all time, makes his web3 debut by setting up a company dedicated to create and develop unique contents about the VR46 brand in the metaverses, in gaming universe and in the NFTs (non-fungible tokens) environment.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Indie Game Developer Sunny Side Up Launches New Pixel Art Role-Playing Game

Little Witch in the Woods Welcomes Players into the Magical World of a Witch Intern

Up-and-coming indie game developer Sunny Side Up is excited to announce the launch of its latest pixel art role-playing game, Little Witch in the Woods. Now available on Steam for early access, the new game features a day in the life of Ellie in her magical world, where the young witch intern experiments with her new magical powers.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Vanta Leagues and Raidiant Partner to Launch Youth Esports Camps and Leagues

Rocket League and VALORANT youth camps will include mentorship sessions with professional esports players and content creators from Raidiant

Vanta Leagues, a youth esports development program, today announced a new partnership with Raidiant, an initiative focused on celebrating and championing opportunities for women gamers. The newly announced partnership between Vanta Leagues and Raidiant will focus on bringing more esports development opportunities to young gamers through development camps and competitive esports leagues. Vanta Leagues will operate camps and leagues for Psyonix's Rocket League and Riot Games' VALORANT.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

HUYA Inc. Reports First Quarter 2022 Unaudited Financial Results

- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China today announced its unaudited financial results for the first quarter ended March 31, 2022 .

First Quarter 2022 Highlights

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

MetaOne: GameFi is an untapped jewel in the making

Marrtin Hoon CEO of MetaOne shares his thoughts on how gaming industry has always been evergreen as gamers will always play games regardless of the global economic situation. In fact, more will find solace through the world of gaming. The hottest topic in town would be the evolution of GameFi, the fusion of the words "game" and "finance" which stands for monetization of the gaming experience. Making money playing online games has been around for some time, but with the emergence of GameFi since the 2020s, people are actually making a living by playing these games.

Despite all the hype, there is still a huge potential for community growth as making the switch from traditional gaming to GameFi requires effort, knowledge building, or in certain cases, cash.

Created by Gamers, MetaOne project is committed to reach out to this untapped community to shed the path towards GameFi by neutralising the transition barriers with their single interface platform.

The MetaOne platform highlights effortless onboarding with its one-stop guild management system that facilitates sign ups from all gamers and followers. Their integration with GameFi partners make BigData analysis possible with in-game insights that empower decision makers to execute secure cross-chain NFT activities via their Smart Contract protocol. The ecosystem within is looking forward to bringing tremendous benefit to all stakeholders while contributing to the GameFi space expansion.

"The market now is very turbulent but also gave us an opportunity to prove some key points. MetaOne's key strategy has always been to convert this massive group of gamers to enter into GameFi through a credible platform that provides science and data clearly to them for making right choices. This will have material impacts to GameFi studios and ultimately the blockchain community," said Marrtin, CEO of MetaOne, "We are so excited about communicating this vision to all geographical regions and realizing it into real executable plans where guilds, gamers, GameFi studios and users can see and feel the tangibles."

Fundamentally, Metaone does not compete with Guilds, games, and online ecosystems but rather is a comprehensive enabler and force multiplier for the Gamefi space, integrating analytics, guild management, NFT asset management, and Game NFT activities that can be harnessed to empower these spaces plus changing how the industry operates.

More about MetaOne: https://metaone.gg/

Twitter: twitter.com/metaonegg
Discord: discord.gg/ffFkuEwdzc
Telegram: https://t.me/metaonegg

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/metaone-gamefi-is-an-untapped-jewel-in-the-making-301548677.html

SOURCE MetaOne

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/17/c8794.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Tiger on the Prowl Again as Golf's Second Major Arrives

Scottie Scheffler and Jon Rahm are the favorites to win the PGA Championship, which has storylines aplenty, according to TheLines

Masters champion Scottie Scheffler and Spaniard Jon Rahm are the oddsmakers' consensus favorites to win the PGA Championship this week at Southern Hills Country Club in Tulsa, Okla. according to TheLines which tracks odds in the U.S. regulated sports betting market.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×