CARLSBAD, Calif., Jan. 18, 2019 /PRNewswire/ -- On
Saturday, December 1st, NTN Buzztime,
Inc. (NYSE American: NTN) launched its biggest trivia competition
yet: Trivia for Cash. On Saturday and Tuesday evenings in December,
registered Buzztime players competed in 30-minute games of
Countdown trivia – each worth $1,000.
The competition tapped the Buzztime Nation of 10 million players
and delivered results for its over 2,600 locations. In December 2018, gameplay increased by 102% on
Saturdays and 125% on Tuesdays, as compared to Tuesdays and
Saturdays in all of 2018.
"We launched Trivia for Cash and achieved a trifecta of
objectives: engaged existing players, attracted new ones, and
boosted business at our partner locations. As this exciting
competition moved the needle on all three fronts, we've launched a
similar promotion for January: Sunday Funday," said Ram Krishnan,
NTN Buzztime CEO.
The Sunday Funday: Trivia for Cash competition challenges
registered players to compete for $1,000 in a 30-minute round of Topix Trivia –
every Sunday in January at 8:30 pm
ET/ 5:30 pm PT.
The Trivia for Cash competition format has proven successful
because it's the ultimate challenge for trivia players. They can
test their trivia skills against players across the bar – and
across the nation – with the very best competitors taking home the
$1,000 prize. In order to compete,
players must first register to join the Buzztime Nation. Therefore,
Trivia for Cash also serves to expand the local Buzztime community
at each of the 2,600 locations.
Because of the overall increase in gameplay, Buzztime's
digital-out-of-home (DOOH) advertising partners are also benefiting
from a lift in impressions. Their branding messages are being seen
more frequently, by more players on 15,000 screens and 65,000
Buzztime gaming tablets when players are excited and engaged in the
competition.
"As 2019 gets underway, we're already building on the proven
success of Trivia for Cash. Our current competition, Sunday Funday,
leverages our existing skill-based game format. Our plan is to
continue rolling out competitions, sweepstakes, and other exciting
events throughout the year to benefit our company, partner
locations, and loyal player base," concluded Krishnan.
Forward-looking Statements
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.
About Buzztime:
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
buzztime@lhai.com
415-433-3777
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SOURCE NTN Buzztime, Inc.