With the global Esports betting market on track to reach $13 billion by 2025, it has emerged as one of the fastest-growing industries in the world, and businesses and investors alike are looking to gain a share.
Designed for high scalability, the Good Gamer TMP will have the ability to cater to all relevant categories of skill-based mobile casual games across all popular gaming genres, as well as niche genres.
The launch of the Good Gamer TMP comes two weeks after the company announced closing the final tranche of a non-brokered private placement for C$4 million in proceeds.
“We’re very excited about the North American beta launch of our Esports tournament management platform and the closing of our $4 million funding round and GoodGamer’s upcoming listing on the TSX Venture Exchange,” said Good Gamer CEO Charlo Barbosa.
Last September, the company launched the GoodGamer Daily Fantasy Sports and Esports Gaming app to the Indian market in advance of the IPL 2020 season.
The increased interest in Esports also created a number of new publicly traded companies, many of which entered the market with sky-high valuations and strong balance sheets.
The company has since continued to prove it’s a worthy competitor in the market, recently signing a multi-year agreement with the NFL and outperforming analysts’ expectations for its Q1 2021 results.
Then, just last week, global online gambling company Esports Technologies IPO got off to a hot start.
Esports Entertainment just got its own boost recently after Citron Research suggested video game retailer GameStop should buy the company.
Unity, which is also fairly new to the public markets after going public last September, recently announced full year 2020 revenues of $772.4 million, which marks a 43% increase from 2019.
We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements.
Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results.
FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.
You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.