ST. MARY'S, Antigua, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Esports Entertainment Group, Inc. (GMBL:OTCQB) (or the "Company"), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the signing of an Affiliate Marketing Agreement with Global Speedrun Association (“GSA”), which hosts and administrates races on a broad variety of speedrun games, most notably Super Mario 64 and Super Mario Odyssey, across their three Twitch channels.  As the first platform to offer wagering for speedrunning, this agreement is another milestone for vie.gg, the world’s first and most transparent esports betting exchange.

GLOBAL SPEEDRUNNING COMMUNITY GROWING RAPIDLY

GSA is a relatively new company dedicated to pushing speedrunning into the mainstream and helping speedrunners achieve the same success that esports athletes now enjoy.  Despite its relatively recent entrance into the speedrunning space, GSA has generated impressive traffic with 860,000 views from 3 Twitch.tv channels over the last 30 days.  More importantly, GSA is growing rapidly and this partnership with VIE.gg will only serve to help accelerate that growth.

The global speedrunning community is growing at a very fast pace, with single events raising over $2,000,000 for charity in 2018, and is expected to continue growing at a very rapid pace for years to come. As the premier P2P betting platform for speedrunning, VIE now gives fans the ability to be on their favourite players, which will serve to broaden the fan base and their attention times, as well as, help attract the top players in the world, including top esports players with an affinity for speedrunning.   

Brian Cordry, Head of Esports at Esports Entertainment Group, stated, “Groups like GSA help raise the standard of production quality and push speedrunning forward. We love speedrunners and we love what GSA is doing. I expect speedrunning to grow exponentially and that is why it is so important for Esports Entertainment Group to partner with the likes of GSA for the long term. Together, we will help push speedrunning to the heights that esports is currently achieving.”

Steven Adams, Chief Executive Officer at Global Speedrun Association stated, “GSA is the premier organized speedrunning league and our goal is to increase the consistent quality of our broadcasts and competitions by working with VIE in 2018 and beyond.  The key differences this relationship will make are being able to fund larger prize pools for our leagues and tournaments to catalyze higher levels of competition, as well as, attracting and compensating key people that make our broadcasts so entertaining, such as great commentators, video editors and other GSA staff who will be able to increase the output and quality of their productions. Working together will help push speedrunning to new heights and help grow this budding sector of the video game industry, which will lead to betting growth on VIE. Looking forward to the future!”

VIE.GG

vie.gg offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions that prohibit online gambling. vie.gg features wagering on the following esports games:

  • Counter-Strike: Global Offensive (CSGO)
  • League of Legends
  • Dota 2
  • Call of Duty
  • Overwatch
  • PUBG
  • Hearthstone
  • StarCraft II 

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

RedChip investor relations Esports Entertainment Group Investor Page: 
http://www.gmblinfo.com

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 bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg.  In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player 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 licenses to conduct online gambling and 18+ gaming on a global basis in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua, Curacao and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com

FORWARD-LOOKING STATEMENTS
The information contained herein includes 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 achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

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ir@esportsentertainmentgroup.com

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U.S. Investor Relations 
RedChip 
Dave Gentry
407-491-4498
info@redchip.com