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Simplicity Esports and Gaming Company (WINR)

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  • Simplicity Esports and Gaming Company Acquires Three More Esports Gaming Centers and Signs Percentage Rent Leases with Landlords
    GlobeNewswire

    Simplicity Esports and Gaming Company Acquires Three More Esports Gaming Centers and Signs Percentage Rent Leases with Landlords

    Boca Raton, Florida, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”), announced today that it has acquired three additional franchisee owned esports gaming centers, two of which are in Texas, and one in Montana. These gaming centers, combined with other acquisition targets previously announced, generated over $2,700,000 in combined revenues in 2019. These acquisitions give Simplicity a total of 12 corporate owned gaming centers, in addition to numerous other franchisee owned gaming centers. Roman Franklin, President of Simplicity Esports, stated, “I am thrilled to announce three more gaming center acquisitions. These acquisitions, along with existing corporate owned gaming centers, gives us ownership of 12 of the top 25 revenue producing gaming centers across our nationwide footprint during the month of February 2020. The percentage rent leases significantly reduce fixed operating costs for each gaming center, and we expect the gaming centers to be cash flow positive within 30 days of acquisition.”These acquisitions allow Simplicity Esports to report the full revenues generated by these gaming centers on a consolidated basis.In addition to these acquisitions, Simplicity Esports has executed non-binding letters of intent for the acquisition of four additional esports gaming centers with new percentage rent leases from landlords. The four additional acquisitions are expected to close by December 15, 2020.About Simplicity Esports and Gaming Company:Simplicity Esports and Gaming Company (WINR) is an established brand within the esports industry, competing and streaming in popular games across different genres, including Apex Legends®, PUBG Mobile®, Overwatch®, League of Legends®, and various EA Sports® titles. Simplicity Esports also organizes and hosts various online play from home tournaments in the U.S. and Brazil. Simplicity Esports also operates as an owner and franchisor of the largest footprint of Esports Gaming Centers in North America, that provide the public an opportunity to experience and enjoy gaming and esports in a social setting, regardless of skill or experience. Additionally, Simplicity Esports is an organizer and host of paid entry, online, play from home tournaments.Apex Legends®, PUBG Mobile®, Overwatch®, League of Legends®, Fortnite®, EA Sports® and Free Fire® are registered trademarks of their respective owners.Forward-Looking Statements:This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond Simplicity Esports’ control, including those set forth in the Risk Factors section of Simplicity Esports’ Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on August 31, 2020 and our subsequent SEC filings, as amended or updated from time to time. Copies of Simplicity Esports’ filings with the SEC are available on the SEC’s website at www.sec.gov. Simplicity Esports undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Simplicity Esports Contact: Roman Franklin President Roman@SimplicityEsports.com 561-819-8586

  • Simplicity Esports to Hold More than 50 Tournaments and Events Online and In Person Over the Next 30 Days
    GlobeNewswire

    Simplicity Esports to Hold More than 50 Tournaments and Events Online and In Person Over the Next 30 Days

    Simplicity will also be giving away one of this year’s hottest Christmas gifts - a hard to find new XBOX Series X.Boca Raton, Florida, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”) announced a full slate of tournaments and events being held online and in person inside its esports gaming centers. Customers can sign up to compete online or in person for tournaments and events organized around games such as Call of Duty, Fortnite, Minecraft, Madden, and many others. Customers are encouraged to play online or bring their masks and play in one of more than 20 gaming centers that are currently open and operational. Each tournament will have a $5-$25 participation fee, and each registration comes with one entry into a drawing for an XBOX Series X.Roman Franklin, President of Simplicity Esports said, “We believe our recent acquisitions of franchisee owned esports gaming centers, and signing of percentage rent leases with landlords has given us a path to significant revenue growth in upcoming quarters and profitability. Continued engagement via tournaments and events is essential to maintaining long term relationships with the over 400,000 customers in our database. Some of our gaming centers are temporarily closed due to COVID-19 related government restrictions, but we will continue to host online tournaments to engage those customers that can’t visit one of our retail gaming centers.”Simplicity Esports recently announced it applied to uplist its common stock and warrants for trading on the NASDAQ Capital Market, and will be effecting a reverse split to meet the minimum price requirement for uplisting. There is no assurance that our listing application will be approved by the NASDAQ Capital Market.About Simplicity Esports and Gaming Company:Simplicity Esports and Gaming Company (WINR) is an established brand within the esports industry, competing and streaming in popular games across different genres, including Apex Legends®, PUBG Mobile®, Overwatch®, League of Legends®, and various EA Sports® titles. Simplicity Esports also organizes and hosts various online play from home tournaments in the U.S. and Brazil. Simplicity Esports also operates as an owner and franchisor of the largest footprint of Esports Gaming Centers in North America, that provide the public an opportunity to experience and enjoy gaming and esports in a social setting, regardless of skill or experience. Additionally, Simplicity Esports is an organizer and host of paid entry, online, play from home tournaments.Apex Legends®, PUBG Mobile®, Overwatch®, League of Legends®, Fortnite®, EA Sports® and Free Fire® are registered trademarks of their respective owners.Forward-Looking Statements:This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond Simplicity Esports’ control, including those set forth in the Risk Factors section of Simplicity Esports’ Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on August 31, 2020 and our subsequent SEC filings, as amended or updated from time to time. Copies of Simplicity Esports’ filings with the SEC are available on the SEC’s website at www.sec.gov. Simplicity Esports undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Simplicity Esports Contact: Roman Franklin President Roman@SimplicityEsports.com 561-819-8586

  • Simplicity Esports Signs Long Awaited League of Legends Franchise Agreement with Riot Games
    GlobeNewswire

    Simplicity Esports Signs Long Awaited League of Legends Franchise Agreement with Riot Games

    Boca Raton, Florida, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”) announced today that it executed its franchise agreement with Riot Games, securing its place globally as a top tier esports organization. Simplicity Esports’ common stock remains the only publicly traded vehicle for investing in a pure play esports company that owns a League of Legends franchise. Jed Kaplan, CEO of Simplicity Esports said, “It feels incredible to announce this achievement to our shareholders. We have been focused on owning a League of Legends franchise since day one of Simplicity Esports, and to accomplish it within our first two years as a public company is very satisfying. We will continue to strive to increase shareholder value by leveraging our esports expertise, our nationwide esports gaming center footprint, and my experience and relationships with traditional sports teams such as the Memphis Grizzlies and Orlando City Soccer Club.”Simplicity Esports recently announced it applied to uplist its common stock and warrants for trading on the NASDAQ Capital Market, and will be effecting a reverse split to meet the minimum price requirement for uplisting. There is no assurance that our listing application will be approved by the NASDAQ Capital Market.About Simplicity Esports and Gaming Company:Simplicity Esports and Gaming Company (WINR) is an established brand within the esports industry, competing and streaming in popular games across different genres, including Apex Legends®, PUBG Mobile®, Overwatch®, League of Legends®, and various EA Sports® titles. Simplicity Esports also organizes and hosts various online play from home tournaments in the U.S. and Brazil. Simplicity Esports also operates as an owner and franchisor of the largest footprint of Esports Gaming Centers in North America, that provide the public an opportunity to experience and enjoy gaming and esports in a social setting, regardless of skill or experience. Additionally, Simplicity Esports is an organizer and host of paid entry, online, play from home tournaments.Apex Legends®, PUBG Mobile®, Overwatch®, League of Legends®, Fortnite®, EA Sports® and Free Fire® are registered trademarks of their respective owners.Forward-Looking Statements:This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond Simplicity Esports’ control, including those set forth in the Risk Factors section of Simplicity Esports’ Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on August 31, 2020 and our subsequent SEC filings, as amended or updated from time to time. Copies of Simplicity Esports’ filings with the SEC are available on the SEC’s website at www.sec.gov. Simplicity Esports undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Simplicity Esports Contact: Roman Franklin President Roman@SimplicityEsports.com 561-819-8586