-The partnership will launch prediction games
for major live esports events-
VANCOUVER, BC, March 17, 2021 /CNW/ - TGS Esports Inc. ("TGS" or
the "Company") (TSXV: TGS) (FRA: 5RH)) is pleased to announce that
it has entered into a strategic partnership with FansUnite
Entertainment Inc. (CSE: FANS) (OTCQB: FUNFF) ("FansUnite"), to
launch live esports tournaments prediction games.
TGS partners with organizations and brands to build and grow
their esports communities via tournaments, broadcast production and
events. Through the partnership, FansUnite will incorporate its
technology solutions into TGS events to establish a new prediction
platform where live audience predictions can be placed on multiple
outcomes within every white-label esports event run by TGS. Viewers
can make live predictions during TGS events for which they can win
prizes if their selections are correct.
Esports revenue in 2020 was over $1
billion[1], excluding revenues from betting. TGS has built
white-label esports experiences for over 15 brands, interacting
with over 200,000 gamers and by offering prediction games, TGS is
able to increase the level of engagement between fans and
brands.
Additionally, the prediction games from the platform will be
featured on TGS' Pepper Esports platform which will enable all
tournament organizers to offer predictions and rivalry challenges
in their tournaments to their viewers.
"Live predictions is a feature our brand partners have been
asking us to implement for a long time." said Spiro Khouri, CEO of TGS Esports Inc. "By
implementing FansUnite's technology into our esports events TGS is
able to increase the level of engagement between fans and
brands."
"The partnership with TGS Esports brings forth a new platform
that will enable us to capture new opportunities within the
fast-growing esports market," said Scott
Burton, CEO of FansUnite. "TGS collaborates with numerous
esports event organizers who have a large following of enthusiastic
esports gamers who like to participate in their events. Our online
betting solutions coupled with TGS esports platform will enable us
to attract a new and widening audience from these events."
About TGS Esports Inc.
TGS partners with Fortune 500 brands, schools, and tournament
organizers to build out their esports community via tournaments,
broadcast production, and events. TGS has commercialized an esports
solution that allows brands and gamers to interact on its end to
end platform. The combination of TGS esports event expertise and
next generation software creates an unparalleled esports experience
that allows sponsors and brands to reach their desired gaming
demographic.
About FansUnite Entertainment Inc.
FansUnite is a sports and entertainment company, focusing on
technology related to regulated and lawful online gaming and other
related products. The principal business is operating the FansUnite
Sportsbook and the website of its wholly-owned subsidiary, McBookie
Limited, offering online gaming services to the UK market.
FansUnite is also a provider of technology solutions, products and
services in the gaming and entertainment industry and looks to
acquire technology platforms and assets with high-growth potential
in new or developing markets.
On behalf of the Board of Directors
"Spiro Khouri"
Spiro Khouri, CEO
TGS Esports Inc.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking
statements, which reflect the expectations of management regarding
the Company. Forward-looking statements consist of statements that
are not purely historical, including any statements regarding
beliefs, plans, expectations or intentions regarding the future,
including with respect to: the Company's partnership with FansUnite
and the expected benefits to the Company to be derived therefrom.
Such statements are subject to risks and uncertainties that may
cause actual results, performance or developments to differ
materially from those contained in the statements, including risks
related to factors beyond the control of the Company. The risks
include the following: the unknown magnitude and duration of the
effects of the COVID-19 pandemic on the Company and other risks
that are customary to companies operating businesses such as the
business of the Company. No assurance can be given that any of the
events anticipated by the forward-looking statements will occur or,
if they do occur, what benefits the Company will obtain from
them.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release
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1 https://venturebeat.com/2020/02/25/newzoo-global-esports-will-top-1-billion-in-2020-with-china-as-the-top-market/
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SOURCE TGS Esports Inc