TIDMGFIN
RNS Number : 8409F
Gfinity PLC
26 February 2018
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR)
Gfinity plc
("Gfinity" or the "Company")
Microsoft Studios' Turn 10 Studios extends event partnership
with Gfinity for Forza Racing Championship 2018
Gfinity appointed as Global Tournament Operator for Forza Racing
Championship 2018 including full production for the Forza Racing
World Championship in October at the Gfinity Esports Arena
Gfinity plc (AIM: GFIN), a leading international esports
entertainment group, announces that it has, once again, been named
by Microsoft Studios' Turn 10 Studios as the Global Tournament
Operator for the Forza Racing Championship (ForzaRC) 2018. Under
the arrangement, Gfinity will manage all league operations,
including online qualifiers and LAN-based (Local Area Network)
events, together with adjudication framework which supports all
competitive gameplay. Welcoming players of all skill levels, the
ForzaRC invites Forza Motorsport 7 players to compete for more than
$250,000 in prizes. Registration is open now at ForzaRC.com.
With the regular season beginning on April 2(nd) , Gfinity will
be responsible for managing the live playoffs in Seattle and Mexico
City with drivers competing for a $75,000 prize pool at each event.
The season culminates with the Forza Racing World Championship 2018
at the Gfinity Esports Arena in October with the top 24 players in
the world competing for their shot at the $100,000 prize pool.
This latest venture follows on from Gfinity's successful
partnership with Turn 10 Studios in April 2017 where they were
appointed Global Tournament Organiser for that year's esports
programmes.
Neville Upton, Chief Executive of Gfinity, said: "Our
partnership with Microsoft goes from strength to strength and this
is further proof of the quality of our team and services we provide
that we have been appointed as the global operator for the Forza
Racing Championship 2018. Forza Motorsport 7 has such a passionate
following and we can't wait to host the best drivers at our Gfinity
Esports Arena in October. The award-winning Forza Motorsport 7 is
the most beautiful, authentic and comprehensive racing game Turn 10
Studios has made, featuring over 700 cars and showcasing 60 frames
per section racing on the Xbox family of devices and native 4K on
Xbox One X."
Enquiries:
Gfinity plc www.gfinityplc.com
Neville Upton, Chief Executive Via Walbrook PR
Officer
Allenby Capital Limited - AIM Tel: +44 20 3328
Nominated Adviser and Joint Broker 5656
Jeremy Porter / John Depasquale
Shore Capital - Joint Broker Tel: +44 (0) 20
7408 4090
Patrick Castle
Walbrook PR (Media & Investor Tel: +44 (0)20
Relations) 7933 8780
Paul Cornelius /Sam Allen or gfinity@walbrookpr.com
About Gfinity
Founded in 2012, Gfinity has established itself as one of the
world's leading esports companies. The London-based business enjoys
strong relationships with game publishers, players and the wider
esports community and has built a solid reputation for delivering
high quality competitions, both on-line at www.gfinityesports.com
and off-line, in addition to producing industry leading esports
broadcasts.
The Gfinity Esports Arena at Fulham Broadway, London is the home
of UK esports showcasing regular tournaments across the full range
of competitive games. Beyond its own tournaments Gfinity provides a
full turnkey solution for brands wanting to create their own
esports tournaments and has staged premium esports events around
the globe for leading publishers and brands including Formula 1,
Microsoft, Activision, EA, Xbox, Gillette and HP.
Gfinity is an accredited official EA SPORTS(TM) FIFA 18 Global
Series qualifier as EA brings competitive FIFA to millions of fans
around the world through the EA SPORTS FIFA 18 Global Series on The
Road to the FIFA eWorld Cup 2018 in August 2018.
For more details on the entire EA SPORTS FIFA 18 Global Series,
please visit www.FUTChampions.com
For more information about the Challenger season, which is free
and open to everyone, please visit
https://challenger.gfinityesports.com/
About the Forza Video Game Franchise
The Forza videogame franchise, which includes the Forza
Motorsport and Forza Horizon series of games, is the most-acclaimed
and best-selling racing franchise of the current videogame console
generation. Over 5.3 million players are online each month, making
Forza one of the largest racing communities in the world. As of
December 2016, the Forza franchise exceeded $1 billion in retail
sales with more than 14 million unique players involved in the
Forza community on Xbox One and Windows 10 PCs.
Forza games are powered by the ForzaTech(R) engine, delivering
breath-taking graphics and unmatched simulation, and feature
Drivatar(R) AI, delivering dynamic human-like opponents even when
you're offline and feature unmatched online community and
competition with Xbox Live, the world's the fastest, most reliable
gaming network.
Forza games feature the world's greatest cars, including "First
in Forza" debuts such as the McLaren P1, Ferrari La Ferrari, Ford
GT and Lamborghini Centenario. The Forza franchise is developed by
Turn 10 Studios, creators of Forza Motorsport and four-time winners
of the DICE Award for "Racing Game of the Year," together with
UK-based Playground Games, developers of the Forza Horizon
series.
About esports
Esports (electronic sports) is watching or playing competitive
video gaming. Leading titles include League of Legends,
Counter-Strike: Global Offensive, Defence of the Ancients 2 (DotA
2), Call of Duty and Rocket League. The industry is growing
rapidly, with new communities developing around more and more
titles. The global esports market generated US$493 million of
revenue in 2016 and is expected to make $1.5 billion by 2020. The
global esports audience in 2017 was 191 million people, 80% under
the age of 35 and 70% male (source: Newzoo). Online streaming
channels Twitch and YouTube command the biggest audiences, although
esports events are also now being broadcast on conventional TV. The
2015 League of Legends Championships finals in Berlin were watched
by 36 million people, with a peak concurrent viewership of 14
million viewers, while at DotA 2's flagship annual championship
'The International 2016' competitors from around the world competed
for a prize pot of over $20 million.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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