Enthusiast Gaming Signs Exclusive Monetization Agreement With RankedBoost, the Leading Online Game Resource and Guide Site
May 09 2019 - 7:00AM
Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF),
(“
Enthusiast” or the “
Company”)
is excited to announce that it has entered into a Representation
Agreement (the “
Agreement”) with Ranked Boost,
LLC. (“
RankedBoost”), a leading online media brand
focused on creating strategy guides, tools, and resources for
popular video games and esports titles such as Fortnite, Apex
Legends, Overwatch, and League of Legends.
Founded in 2013, RankedBoost offers video game
guides for popular video games by expert and pro gamers. More than
7 million monthly visitors browse RankedBoost to learn how to
master their favorite video games using the strategy guides and
resources created by the site. RankedBoost’s mission is to be at
the forefront of online video game resources for competitive
esports and casual video game titles.
Rudolf Zavala, President of
RankedBoost commented, "We are very excited to partner and
grow alongside Enthusiast Gaming. I believe our partnership could
help unlock the significant growth potential RankedBoost has in
this rapidly growing industry. The partnership will allow us to
grow our dedicated user base of gamers looking to perfect their
game strategy and perform better in competitive games.”
Under the Agreement, Enthusiast will exclusively
represent all of RankedBoost’s online traffic for two years,
allowing the Company to optimize advertising on the website.
Enthusiast will provide its vast platform, monetization
optimization strategy, and international direct sales teams to
drive further revenue. RankedBoost’s 7 million monthly visitors
will join the Enthusiast network, which substantially increases the
size of the user base.
Yirmi Lazar, Director of Monetization at
Enthusiast commented, “A key focus for Enthusiast is
finding the strongest partners that will make the most impact for
our network. We usually look for partners that have a profitable
business model, visionary management team, strong growth trajectory
with a loyal community, and most importantly, are considered the
leaders in their respective industry niches. RankedBoost was a
clear choice as the leading media brand providing gamers with the
resources to support their mastery of their favorite games. We're
extremely happy to have them join our network.”
Enthusiast has the fastest growing network of
owned and represented gaming websites, and through that network is
able to provide monetization opportunities to property owners.
These opportunities would not be available without the critical
mass and size of the platform.
About RankedBoost
RankedBoost is a fan-first media company led by
top tier video gaming experts. From the very beginning, its primary
goal has always been to provide easy to use and extensive gaming
guides that even die-hard fans can enjoy. RankedBoost is a trusted
source to millions of gamers looking for expert gaming insight and
guides. For more information visit: www.rankedboost.com.
About Enthusiast Gaming
Founded in 2014, Enthusiast Gaming is the
largest vertically integrated video game company and has the
fastest-growing online community of video gamers. Through the
Company’s unique acquisition strategy, it has a platform of over 80
owned and affiliated websites and currently reaches over 75 million
monthly visitors with its unique and curated content and over 50
million YouTube visitors. Enthusiast also owns and operates
Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX,
(eglx.ca) with approximately 55,000 people attending in 2018. For
more information on the Company, visit www.enthusiastgaming.com.
CONTACT INFORMATION:
Investor Relations:
Julia BeckerHead of Investor Relations &
Marketingjbecker@enthusiastgaming.com(604) 785.0850
This news release contains certain statements
that may constitute forward-looking information under applicable
securities laws. All statements, other than those of historical
fact, which address activities, events, outcomes, results,
developments, performance or achievements that Enthusiast
anticipates or expects may or will occur in the future (in whole or
in part) should be considered forward-looking information. Such
information may involve, but is not limited to, comments with
respect to strategies, expectations, planned operations and future
actions of the Company. Often, but not always, forward-looking
information can be identified by the use of words such as "plans",
"expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "believes" or variations
(including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results "may", "could", "would", "might" or
"will" (or other variations of the forgoing) be taken, occur, be
achieved, or come to pass. Forward-looking information is based on
currently available competitive, financial and economic data and
operating plans, strategies or beliefs as of the date of this news
release, but involve known and unknown risks, uncertainties,
assumptions and other factors that may cause the actual results,
performance or achievements of Enthusiast to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such
factors may be based on information currently available to
Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management's current expectations or beliefs regarding future
growth, results of operations, future capital (including the
amount, nature and sources of funding thereof) and expenditures.
Any and all forward-looking information contained in this press
release is expressly qualified by this cautionary statement.
Trading in the securities of the Company should be considered
highly speculative.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
The securities of the Corporation have not been
and will not be registered under the United States Securities Act
of 1933, as amended and may not be offered or sold in the United
States absent registration or an applicable exemption from the
registration requirement. This press release shall not constitute
an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful.
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