Enthusiast Gaming Joins Forbes’ “Most Worthwhile Esports Companies” List

TORONTO, Dec. 07, 2020 (World NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX)(OTCQB: ENGMF)(FSE: 2AV), the premier gaming platform in North The united states, reaching around 300 million regular monthly video clip match and esports lovers around the globe, currently introduced that it has been rated #7 on Forbes’ 2020 world record of “Most Useful Esports Organizations” (the “Forbes List”). The Forbes Record was announced on December 5, 2020 and can be considered on Forbes.com.

The Forbes Record is a very regarded authority on corporate rankings globally. Corporations that are highlighted are picked dependent on a range of metrics and aspects decided by Forbes. In get to compile the rating, Forbes spoke to two dozen esports corporations, buyers, advisors to traders, and analysts.

“This recognition by Forbes demonstrates our team’s vision and excellent execution of our esports growth strategy throughout the past year, which continues to encounter immediate growth dependent on several internal operational and financial metrics,” said Adrian Montgomery, CEO of Enthusiast Gaming. “Our many organization segments have sizeable expansion alternatives forward, however we see our esports organization as a strategic asset with exponential development prospect as part of our diversified asset portfolio.”

This marks the very first time the Organization has been bundled in the Forbes Checklist. Fanatic Gaming, which is now mentioned on the Toronto Inventory Trade, and making ready for its NASDAQ listing, is the only publicly traded company on the Forbes Record.

About Fanatic Gaming

Fanatic Gaming (TSX: EGLX)(OTCQB: ENGMF)(FSE: 2AV) is making the world’s most significant social community of communities for gamers and esports followers that reaches over 300 million gaming fans on a month to month foundation. By now the most significant gaming platform in North The usa and the United Kingdom, the Company’s business is comprised of 4 main pillars: Esports, Material, Talent and Amusement. Fanatic Gaming’s esports division, Luminosity Gaming, is a leading worldwide esports franchise that is composed of 7 experienced esports groups under ownership and management, which include the Vancouver Titans Overwatch crew and the Seattle Surge Phone of Obligation team. Enthusiast’s gaming information division consists of 2 of the major 20 gaming media and amusement video brands with BCC Gaming and Arcade Cloud, reaching more than 50MM one of a kind viewers a month across 9 YouTube webpages, 8 Snapchat shows and relevant Fb, Instagram and TikTok accounts. Its 100 gaming-similar internet websites such as The Sims Resource, Destructoid, and The Escapist collectively create 1.1 billion webpage sights every month. Enthusiast’s talent division will work with practically 1,000 YouTube creators creating virtually 3 billion sights a month doing the job with main gamer expertise these as Pokimane, Flamingo, Anomaly, and The Sidemen. Enthusiast’s amusement business enterprise consists of Canada’s major gaming expo, EGLX (eglx.com), and the biggest mobile gaming occasion in Europe, Pocket Gamer Connects (pgconnects.com). For more information on the Enterprise go to enthusiastgaming.com. For far more information on Luminosity Gaming pay a visit to luminosity.gg.

Neither the TSX Exchange nor its Regulation Services Service provider (as that term is outlined in the insurance policies of the TSX Trade) accepts duty for the adequacy or precision of this launch.

This news release includes certain statements that may constitute ahead-searching data beneath relevant securities rules. All statements, other than these of historic truth, which address activities, gatherings, results, final results, developments, performance or achievements that Enthusiast anticipates or expects may perhaps or will occur in the future (in total or in element) ought to be regarded as ahead-wanting information. Frequently, but not normally, forward-wanting details can be determined by the use of phrases these kinds of as “plans”, “expects”, “is predicted”, “funds”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “thinks” or variations (which include negative versions) of these types of phrases and phrases, or statements fashioned in the future tense or indicating that specified actions, functions or effects “may possibly”, “could”, “would”, “might” or “will” (or other variants of the forgoing) be taken, occur, be attained, or appear to go. Ahead-searching statements in this information release involve, but are not confined to statements relating to the Enthusiast Gaming’s future advancement in periods of enhanced marketplace advertiser demand.

Forward-seeking statements are primarily based on assumptions, such as expectations and assumptions about: desire and foreign exchange fees cash efficiencies, price tag saving and synergies expansion and expansion rates the results in the esports and media marketplace and and the Company’s development plan. Although Enthusiast Gaming considers these assumptions to be reasonable, based mostly on information presently readily available, they could prove to be incorrect. Visitors are cautioned not to place undue reliance on ahead-looking statements. In addition, forward-seeking statements essentially contain recognized and unknown pitfalls, such as, without having limitation, risks linked hazards related with standard economic disorders adverse marketplace events potential legislative, tax and regulatory developments. Readers are cautioned that the foregoing checklist is not exhaustive and other hazards established out in Fanatic Gaming general public disclosure recorded submitted beneath the Company’s provide on www.sedar.com, which include those contained in the prospectus. Viewers are further cautioned not to position undue reliance on ahead-looking statements as there can be no assurance that the designs, intentions or anticipations upon which they are put will occur. Such data, even though deemed realistic by administration at the time of planning, may perhaps demonstrate to be incorrect and actual success may vary materially from people anticipated. For more information and facts on the hazard, uncertainties and assumptions that could lead to anticipated options and actual benefits to differ materially, make sure you refer to the public filings of Enthusiast Gaming which are obtainable on SEDAR at www.sedar.com. Ahead-searching statements contained in this news launch are expressly certified by this cautionary statement and replicate our expectations as of the day hereof, and consequently are issue to transform thereafter. Fanatic Gaming disclaims any intention or obligation to update or revise any ahead-on the lookout statements, regardless of whether as a consequence of new data, upcoming activities or usually, other than as needed by law. 


Contacts:
Fanatic Gaming – Eric Bernofsky
Chief Corporate Officer
[email protected]

Media Relations – ID 
[email protected]