Enthusiast Gaming Holdings Inc. (“Enthusiast
Gaming” or the “Company”) (NASDAQ: EGLX; TSX: EGLX), an integrated
gaming entertainment company, today announced that its digital
media property surpassed one billion Total Views per month in the
United States, based on recent digital media ratings from Comscore,
an independent third-party media measurement firm.
Total Views to the Company’s property in the U.S
reached 1.1 billion in March 2022, representing a 44% increase
versus March 2021 (Comscore Media Metrix®, Desktop 2+ Mobile 13+,
March 2022 and March 2021, U.S.). The growth aligned with the
highly-anticipated release of Elden Ring by Bandai Namco
Entertainment, with a high volume of reviews, guides, forums, and
videos delivered across the Company’s platform of video game fan
communities.
Enthusiast Gaming remains a Top 100 Property in
the U.S. based on Unique Visitors, currently ranked #85. Based on
Total Views, Enthusiast Gaming ranks even higher among the Top 100
Properties at #39. The Company joins the ranks of Twitter, Netflix,
Hulu, and USA Today Network as digital media properties that are
also ranked in the 30s for Total Views (Comscore Media Metrix®,
Desktop 2+ Mobile 13+, Top 100 Properties, March 2022, U.S.).
“Our diversified platform of communities allows
us to capitalize on major gaming trends and deliver meaningful
benefits to the Company,” commented Adrian Montgomery,
CEO of Enthusiast Gaming. “No matter which game title,
content creator or viewing platform may be popular at the moment,
our integrated flywheel provides brand partners with an
unparalleled reach and engagement opportunity across the entire
video game ecosystem.”
The Total Views metric from Comscore provides an
aggregate measure of consumption or engagement for a digital media
property, across desktop, mobile, and video. The Company uses
Comscore’s data in its direct sales process.About
Enthusiast Gaming
Enthusiast Gaming is an integrated gaming
entertainment company, building the largest media and content
platform for video game and esports fans to connect and engage
worldwide. Combining the elements of its four core pillars:
Communities, Content, Creators, and Experiences, Enthusiast Gaming
provides a unique opportunity and integrated approach to reach and
connect with its coveted GenZ and Millennial audience. Through its
proprietary mix of digital media and entertainment assets,
Enthusiast Gaming has built a vast network of like-minded
communities to deliver the ultimate fan experience.
Contacts
Enthusiast Gaming Investor Relations:Eric
Bernofsky, Chief Corporate
Officerinvestor@enthusiastgaming.com
Media Relations:Derek Holota, Provident
Communicationsderek@providentcomms.com343-422-5606
Forward-Looking Statements
This news release contains certain statements
that may constitute forward-looking information under applicable
securities laws. All statements, other than those of historical
fact, which address activities, events, outcomes, results,
developments, performance or achievements that Enthusiast Gaming
anticipates or expects may or will occur in the future (in whole or
in part) should be considered forward-looking information. Often,
but not always, forward-looking information can be identified by
the use of words such as “plans”, “expects”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “intends”,
“anticipates”, or “believes” or variations (including negative
variations) of such words and phrases, or statements formed in the
future tense or indicating that certain actions, events or results
“may”, “could”, “would”, “might” or “will” (or other variations of
the forgoing) be taken, occur, be achieved, or come to pass.
Forward-looking statements in this news release include, but are
not limited to, statements regarding the growth of the Company’s
audience and viewership, and the Company’s direct sales
process.
Forward-looking statements are based on
assumptions and analyses made by the Company in light of its
experience and its perception of historical trends, current
conditions and expected future developments, including, but not
limited to, expectations and assumptions concerning: interest and
foreign exchange rates; capital efficiencies, cost saving and
synergies; growth and growth rates; the success in the esports and
gaming media industry; the Company’s growth plan, and judgment
applied in the application of the Company’s accounting policies and
in the preparation of financial statements in accordance with
applicable financial reporting standards. While Enthusiast Gaming
considers these assumptions to be reasonable, based on information
currently available, they may prove to be incorrect. Readers are
cautioned not to place undue reliance on forward-looking
statements. In addition, forward-looking statements necessarily
involve known and unknown risks, including, without limitation,
risks associated with general economic conditions; adverse industry
events; and future legislative, tax and regulatory developments.
Readers are cautioned that the foregoing list is not exhaustive.
For more information on the risks, uncertainties and assumptions
that could cause anticipated opportunities and actual results to
differ materially, please refer to the public filings of Enthusiast
Gaming which are available on SEDAR at www.sedar.com. Readers are
further cautioned not to place undue reliance on forward-looking
statements as there can be no assurance that the plans, intentions
or expectations upon which they are placed will occur. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. Forward-looking
statements contained in this news release are expressly qualified
by this cautionary statement and reflect our expectations as of the
date hereof, and thus are subject to change thereafter. Enthusiast
Gaming disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
applicable law.
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