TORONTO, Oct. 12, 2018 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (TSXV: EGLX), a digital media company building the largest community of authentic video gamers and proud owners of Canada’s Largest Gaming Expo, EGLX (Enthusiast Gaming Live Expo) is pleased to announce that it will be hosting one of its strategic investors and partners, OverActive Media Group’s Toronto Overwatch League team, at EGLX.

OverActive Media’s newly appointed management team will be centre stage at EGLX, unveiling for the first time to the wider Toronto gaming community the key player signings and branding of their new Esports team. EGLX is recognized as the largest Canadian in-person representation of the gaming community and will provide a platform to connect the Toronto Overwatch League franchise with their Toronto fanbase.

Menashe Kestenbaum, CEO of Enthusiast Gaming, commented: “The creation of the Overwatch League is a significant milestone for the growth of the gaming industry. Esports is becoming a leading source or entertainment, not only for the gaming community but also for the entertainment industry. We are excited to partner with OverActive Media on its unveiling of Toronto’s Overwatch team and we look forward to partnering with and supporting the league among many other online and physical Esports initiatives within our 75 million visitor network.”

Chris Overholt, CEO of OverActive Media commented, “We are excited to partner with Enthusiast Gaming to showcase our new Overwatch team at EGLX this year. With 25,000 attendees at its last event, EGLX is the largest gaming Expo in Canada and has quickly become recognized as a leading Esports event worldwide. The Expo signifies the explosive growth of the video game industry and the impact Esports is having on the gaming and entertainment industries.”

In addition, Enthusiast Gaming also announces its partners and sponsors for EGLX including presenting partner, Bell Canada, as well as Nintendo, Microsoft, Alibaba, eBay, LG, HP, Microsoft, Cineplex, Sun Life Financial. EGLX will be held at the Metro Toronto Convention Centre in the heart of downtown Toronto from October 26-28, 2018. The 100,000 square foot venue will feature premier Esports tournaments, top industry sponsors, indie game developers, retro games, arcades, cosplay, and much more. 

Tickets are available at EGLX.ca

About Enthusiast Gaming

Founded in 2014, Enthusiast is the fastest-growing online community of video gamers. Through the Company’s unique acquisition strategy, it has a platform of over 70 owned and affiliated websites and currently reaches over 75 million monthly visitors with its unique and curated content. Enthusiast also owns and operates Canada’s Largest Gaming Expo, EGLX (Enthusiast Gaming Live Expo - www.eglx.ca. The next Expo will take place October 26-28, 2018 at the Metro Toronto Convention Center. For more information on the Company, visit www.enthusiastgaming.com.

CONTACT:

Julia Becker
Head, Investor Relations & Marketing
(604) 785-0850
jbecker@enthusiastgaming.com

Media Contact
Enthusiastgaming@n6a.com

Forward-Looking Statements

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that Enthusiast anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, comments with respect to strategies, expectations, planned operations and future actions of the Company, including but not limited to the Company obtaining regulatory approval to commence trading. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking statements in this news release include but are not limited to: Looking to the back half of 2018, we remain well positioned to further penetrate new and existing markets with our unique neuromonitoring platform. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Enthusiast to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to Enthusiast, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement.

Investors are cautioned that, except as disclosed in the Filing Statement any information released or received with respect to the reverse take-over may not be accurate or complete and should not be relied upon. Trading in the securities of the Corporation should be considered highly speculative.

Neither the 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.

The securities of the Corporation have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.