Esports Entertainment Group Signs Agreement with the Philadelphia Union to be their Official Esports Tournament Provider
October 30 2020 - 7:00AM
Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (or the
“Company”), a licensed online gambling company with a focus on
esports wagering and 18+ gaming, and the Philadelphia Union,
Philadelphia’s Major League Soccer team, today announced that
they have entered into an agreement to become the official esports
tournament provider for the Union.
"We’re excited to further extend our reach into
Major League Soccer through our partnership with the Philadelphia
Union,” commented Grant Johnson, CEO of Esports Entertainment
Group. “Traditional sports teams continue to incorporate esports
into their programs, and we are quickly becoming the go-to provider
for tournament solutions for this highly attractive market
segment.”
Under the terms of the agreement, the Company
will host tournaments for the Philadelphia Union on its Esports
Gaming League (“EGL”) platform, providing new ways for the team to
engage its fans while demonstrating the crossover appeal of esports
to traditional sports fans and organizations. Tournament prizes
will be provided by Philadelphia Union and include team merchandise
and one-of-a-kind experiences.
“Our team and Major League Soccer have been at
the forefront of incorporating esports as a way to connect and
further engage our fanbase,” said Jean-Paul Dardenne, Philadelphia
Union Senior Vice President of Corporate Partnerships. “With this
partnership, we are excited to continue to build on our success in
esports and to provide another way for fans to connect to the team
they love.”
“This is another great opportunity to promote
esports and sports wagering while showcasing our brand to a large
and engaged audience,” commented Magnus Leppäniemi, EVP Esports at
EEG. “The rapidly growing interest in esports from the traditional
sports community has been exciting development, and we look forward
to providing these teams with best-in-class solutions, fortifying
our leadership position in the market.”
EGL enables live and online events and
tournaments where gamers can compete and enjoy a wide range of
content relating to esports and video games on a proprietary
technology platform. Services include full turnkey esports events,
live broadcast production, game launches, and online branded
tournaments.
About Philadelphia UnionThe
Philadelphia Union is an innovative, forward-thinking professional
soccer club competing in Major League Soccer (MLS) and one of
Philadelphia’s five major league sports teams. Driven by
unprecedented fan support, MLS awarded the Philadelphia expansion
franchise rights to Jay Sugarman in 2008 and the Union kicked off
its inaugural season in 2010. The club has reached the finals of
the Lamar Hunt U.S. Open Cup in 2014, 2015 and 2018, and has
appeared in the MLS Cup Playoffs in 2011, 2016, 2018 and 2019.The
Philadelphia Union is part of parent company Keystone Sports and
Entertainment LLC, which also operates USL Championship side
Philadelphia Union II, the Philadelphia Union Academy, Philadelphia
Union Foundation and Philadelphia Union Youth Programs. With a
commitment to developing talent from the Delaware Valley, the Union
has signed nine local players from their academy to a first team
contract.The Union play at Subaru Park in Chester, PA on the banks
of the Delaware River. The custom-built stadium is part of the
Union’s unique waterfront campus, featuring a historic power plant
rebuilt into a 400,000 sq. ft. creative office building, a
state-of-the-art Training Complex, over 7 acres of
professional-grade practice pitches and multiple onsite parking
fields. For more information about the Philadelphia Union, visit
www.philadelphiaunion.com and follow @PhilaUnion on Twitter or
Instagram.
About Esports Entertainment Group
Esports Entertainment Group, Inc. is a licensed
online gambling company with a specific focus on esports wagering
and 18+ gaming. Esports Entertainment offers fixed odds wagering,
fantasy and pools on various esports events in a licensed,
regulated and secure platform at vie.gg and owns and operates
online sports book, SportNation.bet. In addition, Esports
Entertainment intends to offer users from around the world the
ability to participate in multiplayer mobile and PC video game
tournaments for cash prizes. Esports Entertainment is led by a team
of industry professionals and technical experts from the online
gambling and the video game industries, and esports. The Company
holds a license to conduct online gambling and 18+ gaming on a
global basis in the UK, Ireland, Malta and Curacao. The Company
maintains offices in New Jersey, the UK and Malta. For more
information visit www.esportsentertainmentgroup.com.
FORWARD-LOOKING STATEMENTS
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forward-looking statements. These statements relate to future
events or to our future financial performance, and involve known
and unknown risks, uncertainties and other factors that may cause
our actual results, levels of activity, performance, or
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actual results could differ materially from those anticipated in
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Contact:
U.S. Investor Relations RedChip Companies,
Inc.Dave Gentry407-491-4498dave@redchip.com
Media & Investor Relations
InquiriesJeff@esportsentertainmentgroup.com
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