TORONTO, March 05, 2019 (GLOBE NEWSWIRE) —
Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast” or the “Company”), a gaming enterprise constructing the most important community of genuine game enthusiasts, is excited to announce it has shown 2019 dates for the Enthusiast Gaming Live Expo (“EGLX”), Canada’s biggest video game expo, in Toronto next fall. The enthusiast will host EGLX on October 18-20, 2019, at the Metro Toronto Convention Center (“MTCC”), downtown Toronto.
Following the success of EGLX 2018, which drew in fifty-five 000 attendees in Toronto, the Company is planning to amplify this 12 months’ expo into the North Hall of the MTCC, nearly doubling the floor space to permit for the higher attendance numbers anticipated. Esports has always been a central part of EGLX, and the Company is planning to roll out its own Esports match series, which will compete with the leading North American seasoned tournaments. EGLX has previously hosted massive-scale Esports competitions in partnership with various corporations, which includes the World Electronic Sports Games (“WESG”), operated by way of WorldGaming Network in collaboration with Ali sports (a division of Alibaba) and Blizzard Entertainment Inc. The Company also partnered with Overactive Media to unveil the Toronto Defiant Esports Overwatch team roster at EGLX 2018 in October. The Company will offer further updates in the coming months.
Menashe Kestenbaum, CEO of Enthusiast, commented, “We are excited about EGLX 2019, and we’ve some exciting additions in the pipeline for the expo in October 2019. Last year, we had potential problems and had to forestall promoting tickets on Saturday. To keep away from any problems this year, we’ve got accelerated into the North Hall of the MTCC and plan to have more sponsors and higher attendance numbers.” He brought, “We have already seen remarkable growth due to the fact we started EGLX in 2015, and in only some quick years, we’ve grown into the most important video game expo in Canada and also have plans to make it bigger into the US in 2020. Attendees at EGLX 2019 can count on the persevered boom with extra sponsors, greater space, and a larger consciousness on Esports and tournaments.”
The employer is looking at possibilities to extend EGLX to multiple towns throughout North America. With the bulk of Enthusiast’s online visitors originating within the US, it’s a logical next step inside the expansion process. The Company has already acquired sturdy hobbies from a couple of US towns and companions wanting EGLX. Enthusiast is making plans for its multi-town expansion into the USA starting in 2020.
Engages Generation Advisors Inc.
The Company has retained Generation Advisors Inc. (“Generation”) to offer market-making services. Under the phrases of the agreement (the “Agreement”), Generation will get hold of coins repayment of $7,500 consistent with the month but will not acquire any Common Shares or options of Company as repayment. Generation does not presently own any securities of Company; however, Generation and its clients may additionally receive an immediate interest within Company’s securities. Company and Generation are unrelated and unaffiliated entities. Generation is a member of the Investment Industry Regulatory Organization of Canada, a taking part of TSX, and a member of TSX-V. The capital and securities required for any trade undertaken by Generation as primary can be supplied via Generation. The Agreement is for an initial term of one hundred eighty days, with computerized renewals for 180 days except terminated.
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