Simplicity Esports and Gaming Company Acquires Esports Gaming Center in Vancouver, Washington and Signs Percentage Rent Lease...
April 05 2021 - 9:45AM
Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity
Esports”), announced that it has acquired the assets of a gaming
center previously owned by a PLAYlive Nation franchisee in
Vancouver, WA. The location was originally opened in 2013 and has a
database of over 17,000 unique customers. The Vancouver gaming
center is expected to reopen in mid April.
Roman Franklin, CEO of Simplicity Esports,
stated, “The Vancouver location is our fourteenth corporate owned
gaming center and eighth on the West Coast. We plan to continue
with strategic gaming center acquisitions as well as construction
of new locations throughout 2021. The disruptions in the commercial
real estate market, due to COVID-19 lockdowns have created an
amazing opportunity to partner with landlords that are enthusiastic
about our esports gaming centers being an experiential draw to
increase foot traffic for their malls. I expect Vancouver and our
other corporate gaming centers with percentage rent leases to be
profitable within the first 30 days of operating at full
capacity.”
Last week Simplicity Esports also announced
multiple deals including a sponsorship and sublicensing agreement
with its Brazilian subsidiary, Flamengo Esports totaling $200,000
USD.
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 is also in the process
of designing, minting, and selling non-fungible tokens (NFTs) for
the esports and gaming industries. Simplicity Esports also owns and
operates 13 and is the franchisor for more than 20 Esports Gaming
Centers providing the public an opportunity to experience gaming
and esports in a social setting, regardless of skill or experience.
Simplicity Esports also organizes and hosts various in-person
events and play from home, online tournaments. Simplicity Esports
also owns a Riot Games League of Legends franchise and top
Brazilian esports organization, Flamengo Esports.
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 Chief
Executive Officer Roman@SimplicityEsports.com 561-819-8586