Articles from Enthusiast Gaming Inc.

The interactive content series culminates with the grand prize winner joining Enthusiast’s esports team, Luminosity Gaming, as a content creator, and will be sponsored by trusted brands including Elgato, Cash App and Corsair

Leading games industry conference series extends reach with new European and Asian events in 2025

Luminosity Gaming to compete in North American League of Legends esports beginning in Spring of 2025

LOS ANGELES, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, today announced that Felicia DellaFortuna has tendered her resignation as Chief Financial Officer of the Company (“CFO”) to pursue a new opportunity. Alex Macdonald, who had served as CFO of Enthusiast Gaming from its inception until November 2023, has agreed to return as CFO of the Company. His appointment by the Board of Directors will become effective December 31, 2024, concurrently with Ms. DellaFortuna’s resignation.

Reports Positive Adjusted EBITDA and Expanded Gross Margins

LOS ANGELES, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX) will report financial and operating results for its third quarter ending September 30, 2024, on Thursday, November 14, 2024, after the market closes. Management will host a conference call and webcast that same day at 5:00 p.m. ET.

Luminosity Invitational #2 reached over 400,000 unique online viewers, 58,000 concurrent live viewers, and 600,000 hours watched

Campaign to leverage content creators to promote ampm locations through livestreamed gaming competitions

TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX), a leading gaming media and entertainment company, is pleased to announce the voting results for the election of its Board of Directors (the “Board”), which took place at the Company's Annual General Meeting of Shareholders (“AGM”) held on September 17, 2024.

Collaboration includes media sponsorship featuring Cheese Heads branded snacks during the Season 3 debut of NFL Tuesday Night Gaming

Season 3 to debut on September 3, 2024 ahead of NFL Kickoff

Campaign to Leverage Luminosity Gaming content creators to promote the State Farm Gamerhood: Neo City via Watch Parties and Dynamic Livestream Overlays

Adjusted EBITDA of $(0.4) million

New fantasy game to leverage Enthusiast’s broad network of fantasy football channels for content and marketing partnership

After the success of its initial collaboration, Amazon Prime returns for new activation with Enthusiast Gaming, Luminosity’s ‘Coins and Rings’ to be held on August 1st

LOS ANGELES, July 19, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, today announced that its annual general meeting will be held virtually on Tuesday, September 17, 2024, at 10:30 AM (Toronto time)(the “Meeting”).

LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX) will report financial and operating results for its second quarter ending June 30, 2024, on Wednesday, August 14, 2024, after the market closes. Management will host a conference call and webcast that same day at 5:00 p.m. ET.

LOS ANGELES, July 15, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (TSX: EGLX) (“Enthusiast Gaming” or the “Company”), a leading gaming and media company, announced today that it has received a $20 million four-year non-revolving term loan (the “Term Loan”). The financing was arranged pursuant to a credit agreement (the “Credit Agreement”) with lenders (the “Lenders”) led by Beedie Investments Ltd. (“Beedie Capital”), which is also the administrative and collateral agent.

Special flag-themed episode to air July 23 in celebration of NFL Flag Championship presented by Toyota

Expansion into fastest-selling Playstation title ever provides access to new users and growth opportunities

Get On My Level X reached over 200,000 unique online viewers, 60,000 concurrent viewers, and 2,500 live in-person attendees

Accelerates Path to Profitability with Smallest Reported Adjusted EBITDA Loss Ever

LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX) will report financial and operating results for its first quarter ending March 31, 2024, on Wednesday, May 15, 2024, after the market closes. Management will host a conference call and webcast that same day at 5:00 p.m. ET.

Expansion into Teamfight Tactics Adds Complementary Title to Platform via Curated Content Management System

The “Prime Boost Advantage” will give professional Rocket League players unlimited in-game boosts that will allow for unique and exciting gameplay

Super Smash Bros. Ultimate Event to Feature Live Competition from Top Smash Professionals, Including Luminosity’s Own MkLeo

LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, today announced financial results for the three (“Q4 2023”) and 12 months ended December 31, 2023 (“FY 2023”).

Sale includes select assets in the Company’s casual gaming division, allowing continued focus on core growth areas

Partnership Expected to Drive Improved Programmatic Yield and Incremental Revenue Opportunities While Delivering Significant Cost Savings

LOS ANGELES, March 22, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, is pleased to announce that Mr. Thomas Hearne has been appointed to the board of directors of the Company, effective as of March 20, 2024.

Speakers and Sponsors Include Executives from Brands Such as Netflix, Samsung, and Hasbro

Sharpens Focus on Engaged Communities and Prioritizes High-Margin Revenue for Enhanced Profitability

U.GG League of Legends Desktop Application Monetized 8x Better than Website in Q4 2023

LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), the leading gaming and media company in North America, is pleased to announce that its flagship event, Pocket Gamer Connects (“PGC”) London 2024, set records as its largest event to date. The show marked the start of the 10th anniversary of PGC events and surpassed all previous shows on a number of key metrics, with over 2,600 attendees representing more than 1,300 companies from 65 countries.

Tentpole Smash Event Included Custom Integration for The Beekeeper, Strong Performances from Luminosity Talent

LOS ANGELES, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”), an integrated gaming entertainment company, today announced that it filed a Form 15F with the Securities and Exchange Commission (the “SEC”) to deregister its common shares (“Shares”) under Section 12(g) of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), and to suspend its reporting obligations under Section 15(d) of the Exchange Act (the “Deregistration”). The Company’s obligation to file reports with the SEC, including annual reports and Forms 6-K, will be suspended immediately upon filing of the Form 15F. Once the Form 15F is effective, which is expected to occur within 90 days of filing, the Company will no longer be a public reporting company and its obligations to file other reports with the SEC will also be suspended. Shares will continue to trade on the Toronto Stock Exchange (“TSX”).

Exclusive Episode Airing Jan. 13 on FOX Hosted by Matthew “MMG” Meagher

Nick Brien to Depart; Chairman Adrian Montgomery Appointed Interim CEO

The Super Smash Bros. Tournament is the Largest Northeast Supermajor Smash Event and Will Take Place on January 5-7, 2024

Shockwave.com Elevates Gaming Legacy with Website and Mobile Experience Overhaul and Renewed Focus on Daily Games

Innovative brand experience combines social, content and gameplay initiatives in Fortnite Creative

LOS ANGELES, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming”) (TSX: EGLX), the leading gaming media and entertainment company in North America, and WePlay Studios (“WePlay”), a Ukrainian content production company that blends gaming, technology, and storytelling to create unparalleled viewer experiences, announced that NFL Tuesday Night Gaming (NFL TNG) has been named a two-time winner of the 2023 MUSE Creative Awards, winning gold awards in the “Sports Video” and “Entertainment Video” categories for extraordinary production work.

U.GG VALORANT App Transforms Player Improvement with In-Game Overlay, Enhancing Decision-Making at Every Stage of the Game

Former CFO of BuzzFeed, Inc. Brings Strong Financial and Digital Media Expertise, Supports Profitable Growth Plans

Strategic Focus On Cross-Platform Offerings and Brand Solutions Driving Improved Revenue Mix and 400bp Expansion in Gross Margins Year-over-Year as Company Progresses Toward Profitability

Enthusiast Gaming’s Esports Organization Returns to Brand-Safe and Popular Esport with World Championship-Winning Team

LOS ANGELES, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX; TSX:EGLX) will report financial and operating results for its third quarter ending September 30, 2023, on Monday, November 13, 2023, after the market closes. Management will host a conference call and webcast that same day at 5:00 p.m. ET.

Partnership Brings Coveted Smash Tournaments under the Luminosity Banner

LOS ANGELES, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX) (the “Company”), the leading gaming media and entertainment company in North America, today announced that it has notified the Nasdaq Stock Market LLC (“Nasdaq”) of its intention to voluntarily delist its common shares (“Shares”) from Nasdaq. Shares will continue to trade on the Toronto Stock Exchange (“TSX”).

Amended and Restated Credit Facilities to Provide up to $7.0 Million of Additional Liquidity to Execute Business Strategy

LOS ANGELES, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX), the leading gaming media and entertainment company in North America, today announced that CFO Alex Macdonald will be attending and presenting at the upcoming H.C. Wainwright 25th Annual Global Investment Conference taking place in New York City on September 11, 2023.

Netflix, Enthusiast Gaming, and Metavision to bring new experiences to gamers across digital platforms

LOS ANGELES, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ: EGLX; TSX: EGLX), the leading gaming media and entertainment company in North America, today announced that Bill Karamouzis has tendered his resignation as President to pursue other professional endeavors, effective immediately. He will continue to serve the Company as an advisor.

Top content creators including SypherPK, NickEh30, Swagg and Fuslie join NFL players Jamaal Williams, Fred Warner and more for popular video gaming series

Strategic Focus On Cross-Platform Offerings and Brand Solutions Driving Improved Revenue Mix and Higher Gross Margins Year-over-Year

LOS ANGELES, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX) (the “Company”), a leading gaming media and entertainment company, today announced that the Company is undertaking a process with Greywood Investments, LLC (“Greywood”) to identify replacement nominee directors for appointment to the Company's board of directors to replace Greywood's two original nominee directors, David Goldhill and Janny Lee, each of whom has resigned from the board effective August 8, 2023.

Launch of World of Warcraft Builds on Success with League of Legends, Bringing Popular Data-Driven Tools to a Wider Group of Passionate Gamers

LOS ANGELES, July 20, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX; TSX:EGLX) today announced it plans to report financial and operating results for its second quarter ending June 30, 2023, on Monday, August 14, 2023, after the market closes. Management will host a conference call to discuss the results that same day at 5:00 p.m. ET.

LOS ANGELES, July 18, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX; TSX:EGLX), a leading gaming media and entertainment company, announced Steelcase Inc. (“Steelcase”) as the official performance seating partner of Luminosity Gaming, the Company’s gaming and esports brand. This new collaboration will leverage the prestige and skills of Luminosity's content creators and professional esports players to demonstrate the value and impact of Steelcase's advanced ergonomic high-performance seating among the gaming community.

Reached 56 million U.S. Unique Visitors in May 2023, verified by Comscore

TORONTO, June 30, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQEGLX) (TSX:EGLX), an independent gaming media and entertainment company, is pleased to announce the voting results for the election of its Board of Directors (the “Board”), which took place at the Company's Annual General and Special Meeting of Shareholders (“AGM”) held today, June 30, 2023.

Expansion into Dubai Increases Global Footprint, Enhancing Thought Leadership in Growing MENA Market

LOS ANGELES, May 23, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX), an independent gaming media and entertainment company, building the largest media and content platform for video game players and esports fans to connect and compete worldwide, today announced that its CEO, Nick Brien, will host a roundtable discussion and offer meetings with investors at the upcoming B. Riley Annual Institutional Investor Conference taking place in Beverly Hills, CA.

Company Delivers Double-Digit Growth in High-Margin Revenue Streams, Including Brand Solutions, and Delivers 24% YoY Growth in Gross Profit

LOS ANGELES, May 04, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX) (the “Company”) today announced that on May 3, 2023, the Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) approved the Company’s request for a 180-day extension (the “Extension”) to regain compliance with Nasdaq’s minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Rule”). The Company now has until October 30, 2023 to regain compliance. If at any time prior to October 30, 2023, the bid price of the Company's common shares (the “Shares”) closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule.

LOS ANGELES, May 03, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX; TSX:EGLX) will report financial and operating results for its first quarter ending March 31, 2023, on Monday, May 15, 2023, after the market closes.

LOS ANGELES, May 01, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX) (the “Company”), an integrated gaming media and entertainment company, today provided an update on its senior management team.

Annual Revenue of $202.8 million, up 21%YOYGross profit of $63.5 million, up 68%YOYGross margin of 31.3%, up 870 bps YOYDirect sales of $37.4 million, up 69% YOYSubscription revenue of $14.5 million, up 54% YOY

LOS ANGELES, March 16, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX; TSX:EGLX) will report financial and operating results for its fourth quarter and year ended December 31, 2022, on Monday, March 27, 2023, after the market closes.

LOS ANGELES, March 01, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming”) (NASDAQ:EGLX; TSX:EGLX), an integrated gaming entertainment company, is pleased to announce that Nick Brien has been appointed as Chief Executive Officer to lead its global operations. Brien will be based in Los Angeles.

• Ranked #1 in Games Category for U.S. Unique Visitors in January 2023• Ranked Top 3 Fastest Growing Property on Comscore’s Top 100 List

LOS ANGELES, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming”) (NASDAQ:EGLX; TSX:EGLX), an integrated gaming entertainment company, today announces that it has renewed its partnership with Xbox as a media sponsor for the upcoming NFL Tuesday Night Gaming (“NFL TNG”) All-Star Game.

Plans to integrate AI to amplify gameplay experience

Sponsors included TikTok, Sandsoft Games, Digital Turbine, and Meta

LOS ANGELES, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming”) (NASDAQ:EGLX; TSX:EGLX), an integrated gaming entertainment company, today announced it has signed a new media sponsorship with Campbell Company of Canada for Campbell’s® Chunky® Soup to be the presenting sponsor for NFL Tuesday Night Gaming’s (“NFL TNG”) Chunky Soup Showdown.