Simplicity Esports and Gaming Company Booked Record Setting Revenue from Gaming Centers
May 10 2021 - 2:10PM
Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity
Esports”), announced that its esports gaming centers experienced
record revenue in the month of March and again in the month of
April. Simplicity Esports now owns a total of 15 gaming centers, of
which nine are operating with 25% to 75% capacity limitations. 11
of 18 franchise gaming center locations have reopened and are
operating at various capacities.
Roman Franklin, CEO of Simplicity Esports,
stated, “We recently announced a record quarter for revenue for the
period ended February 28, 2021. That trend has continued into March
and April. We plan to continue with strategic gaming center
acquisitions, as well as construction of new locations, throughout
2021. Assuming no new material COVID-19 restrictions, I believe
corporate-owned gaming center profitability is achievable in the
near term, as all of our corporate locations have percentage rent
lease agreements with the respective landlords.”
Simplicity Esports intends to list its common
stock and warrants on The NASDAQ Capital Market or the NYSE
American. There is no guarantee that the listing application will
be approved by The Nasdaq Capital Market or the NYSE American.
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 15
esports gaming centers, and is the franchisor for 18 esports gaming
centers, providing the public an opportunity to experience gaming
and esports in competitive and casual social settings, 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 FranklinChief
Executive OfficerRoman@SimplicityEsports.com 561-819-8586