Ntn Buzztime, Inc. (AMEX:NTN)
Historical Stock Chart
1 Year : From May 2018 to May 2019
CARLSBAD, Calif., Oct. 16, 2018 /PRNewswire/ -- In early September, NTN Buzztime, Inc. (NYSE American: NTN) kicked off Buzztime Sports, a 30-minute trivia game featuring topics pulled from the latest sports headlines. The game runs 7 days a week during the happy hour daypart at over 2,700 Buzztime bars, restaurants, and other locations. Since its launch, Buzztime Sports has been played for over 1 million minutes and has provided value to Buzztime locations by attracting sports enthusiasts.
Now, Buzztime is bringing even more fans into the new game with a $100-a-Day Giveaway. Each day in October, one Buzztime Sports player will win $100.
"Buzztime Sports gives fans a reason to watch live sports at our 2,700 partner locations – instead of at home or another venue. Since Buzztime Sports covers what's trending in sports, the trivia is an exciting companion to watching live games – while also sparking conversation and fueling friendly rivalries among fans. The chance to win $100 heightens the energized atmosphere and draws more sports fans to our partners," said Ram Krishnan, NTN Buzztime CEO.
The sweepstakes is also growing the Buzztime player base: To ensure their Buzztime Sports gameplay counts as an entry into the $100-a-Day Giveaway, patrons must first register to join the Buzztime Nation of over 10 million players. Registration is free and fast on the Buzztime tablet. Once registered, Buzztime can communicate with the player by sending alerts for new games, special offers, and other incentives to return to the partner location.
"Buzztime players are ideal customers. They return often to play their favorite games and trivia, and tend to stay longer than typical patrons – which gives our partner locations more opportunity for increased revenue. Launching new games and sweepstakes benefits our partners by driving customer traffic and building their Buzztime player base," added Krishnan.
By generating over a million gameplays in just one month, Buzztime Sports has also increased visibility for Buzztime's network of DOOH advertising partners. In September, advertisers' branding messages and promotions were seen by engaged guests on 15,000 screens and 65,000 Android tablets.
Buzztime Sports and the sweepstakes are generating significant results for Buzztime: rewarding the Buzztime player base with an enhanced fan experience, increasing traffic and sales for partner locations, and delivering ROI for DOOH advertisers.
This release contains forward-looking statements that reflect management's current views of future events and operations, including statements regarding the value of our product to our customers and their guests, player engagement, promotions and prizing, and partner branding opportunities. These risks and uncertainties include the risks of unsuccessful execution or launch of products, platforms or brands, risks associated with customer retention and growth plans, the impact of alternative entertainment options and technologies and competitive products, brands, technologies and pricing, adverse economic conditions, the regulatory environment and changes in the law, failure of customer and/or player acceptance or demand for new or existing products, lower market acceptance or appeal of both existing and new products and services by particular demographic groups or audiences as a whole, and technical problems or outages. Please see NTN Buzztime, Inc.'s recent filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized.
Buzztime (NYSE American: NTN) delivers interactive entertainment and innovative technology, including performance analytics and secure payment with Europay, MasterCard® and Visa® (EMV) chip card readers or with near-field communication (NFC) technology to accept Apple, Android and Samsung Pay. Most frequently used in bars and restaurants in North America, the Buzztime tablets and technology offer engaging solutions to establishments that have guests who experience dwell time, such as casinos, senior living, and more. Casual dining venues license Buzztime's customizable solution to differentiate themselves via competitive fun by offering guests trivia, card, sports and arcade games, customized menus and self-service dining features. Buzztime's platform improves operating efficiencies, creates connections among the players and venues, and amplifies guests' positive experiences. The Buzztime platform has also been recently resold and the content licensed for other businesses serving other markets. For more information, please visit http://www.buzztime.com or follow us on Facebook or Twitter @buzztime.
IR AGENCY CONTACT:
Becky Herrick/Kirsten Chapman, LHA
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SOURCE NTN Buzztime, Inc.