Allied Esports, a global esports entertainment company and a
subsidiary of Allied Esports Entertainment, Inc. (NASDAQ: AESE),
today announced that the company has become a member of the Esports
Integrity Commission (ESIC), the preeminent international
organization in esports focused on maintaining and enforcing
competitive gaming regulations and conduct.
The membership solidifies Allied Esports’ observance and
compliance with ESIC’s Code of Ethics, Anti-Corruption Code, Player
Code of Conduct, Anti-Doping Code and other standards starting with
the two-week VIE.gg CS:GO Legend Series tournament, which starts
today, and including all future competitions organized and licensed
by the company.
“We are very proud to join the exceptional esports organizations
and tournament organizers who believe in the integral role that
ESIC plays in the structure and regulation of our industry,” said
Jud Hannigan, CEO of Allied Esports. “From weekly community events
to major international competitions, our players, sponsors and
partners can be confident that we take fair play seriously and that
we will continue to assist ESIC in the development and deployment
of its best practices.”
Ian Smith, ESIC Commissioner, stated, “We are so pleased to
welcome Allied Esports into ESIC. We have worked with the Allied
team for a number of years, including the use of the company’s
impressive HyperX Esports Arena Las Vegas, and with the start of
their Legend Series event and its wagering component, the timing of
official membership was ideal. We look forward to ensuring that
their tournament organization over the next two weeks and in the
future is as safe and well-regulated as possible.”
The Esports Integrity Commission (ESIC) was established in 2016
to take responsibility for disruption, prevention, investigation,
and prosecution of all forms of cheating in esports, including, but
not limited to, match manipulation and doping.
About Allied Esports
Named one of the World’s Most Innovative Companies by Fast
Company, Allied Esports International, Inc. is at the forefront of
esports entertainment with a global network of properties designed
to serve as competition battlegrounds, community experience hubs
and content production centers.
Through direct operation or membership in the Allied Esports
Property Network, the world’s first esports affiliate program,
Allied Esports’ facilities span North America, Europe, China and
Australia, and include the world-renowned HyperX Esports Arena Las
Vegas, a fleet of mobile arenas, the HyperX Esports Trucks, and the
HyperX Esports Studio in Hamburg, Germany.
Allied Esports’ properties serve as the home to a number of
online and offline proprietary productions and events, including
Friday Frags and Saturday Night Speedway, as well as original
partner programs like the Simon Cup and VALORANT Ignition Series:
Allied Esports Odyssey.
For more information about Allied Esports, visit
AlliedEsports.gg and follow @AlliedEsports. Allied Esports
International, Inc. is a subsidiary of Allied Esports
Entertainment, Inc.
About Allied Esports
Entertainment
Allied Esports Entertainment, Inc. (NASDAQ: AESE) is a global
leader in esports entertainment, providing innovative
infrastructure, transformative live experiences, multiplatform
content and interactive services to audiences worldwide through its
strategic fusion of two powerful brands: Allied Esports and the
World Poker Tour (WPT). For more information, visit
AlliedEsportsEnt.com.
About The Esports Integrity
Commission
The Esports Integrity Commission (ESIC) is a not for profit
members' association established in 2016 by key esports
stakeholders to deal with issues of common interest – in particular
the threat that match manipulation and betting fraud and other
integrity challenges pose to esports. For more information, visit
esic.gg.
Forward Looking
Statements
This press release includes “forward looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. When used in this
press release, the words “estimates,” “projected,” “expects,”
“anticipates,” “forecasts,” “plans,” “intends,” “believes,”
“seeks,” “may,” “will,” “should,” “future,” “propose” and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements are
not guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
the control of us, that could cause actual results or outcomes to
differ materially from those discussed in the forward-looking
statements. Important factors, among others, that may affect actual
results or outcomes include: our ability to execute on our business
plan; our ability to retain key personnel; general economic and
market conditions impacting demand for our products and services;
adequacy of our funds for future operations; our future expenses,
revenue and profitability; our ability to develop new products; our
dependence on key suppliers, manufacturers and strategic partners;
and industry trends and the competitive environment in which we
operate. These and other risk factors are discussed in our reports
filed with the Securities and Exchange Commission. We do not
undertake any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20200831005104/en/
Media Contacts: Brian Fisher Allied Esports
brian@alliedesports.com
Investor Contact: Lasse Glassen Addo Investor Relations
lglassen@addoir.com 424-238-6249
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