Sports Venues of Florida (OTCMKTS: BTHR) Releases Management Report for the Week Ended February 20, 2021
Sports Venues of Florida (BTHR) is making strides in the youth sports and eSports sectors, focusing on sponsorship outreach and expanding female engagement. Key executives, including Luis Arce and Miguel Munoz, are highlighted for their contributions. The company is capitalizing on various revenue streams in eSports, including sponsorships and media rights, while planning future events like Pokémon TCG and Call of Duty tournaments. They aim to boost female participation, as women’s eSports viewership increased from 23.9% to 30.4%. Future growth includes drafting contracts for new tournament organizers.
- Highlighting significant growth in female eSports viewership from 23.9% in 2016 to 30.4% in Q4 2018.
- Planning multiple upcoming tournaments, including Pokémon TCG and Call of Duty, which can enhance revenue streams.
- Emphasizing strong participation in recent events, with over 1,100 players registered for World of Tanks.
- Slow registration for recent Pokémon events may impact immediate revenue.
- Need for more effective outreach strategies highlighted by slow registration numbers.
THOMASVILLE, GA, Feb. 22, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Sports Venues of Florida, Inc. (OTCMKTS: BTHR) (“Sports Venues of Florida”, “BTHR”, or the “Company”), an emerging leader in the youth sports, family sports entertainment, and eSports markets, continues to make progress reaching out to potential sponsors and is expanding its reach to women.
Over the past several weeks, I have updated you with statistics including our websites, social media pages, debt reduction, trading history and much more. What I have not done is tell you more about a couple key members of our team who are working relentlessly to ensure Shadow Gaming and GGToor.com become the preeminent global leader in the eSports business.
If you have been following Sports Venues for a while you have heard or seen the name Luis Arce. Luis is President of Shadow Gaming and has led the launch of GGToor.com. Luis is an incredible man. Born in Puerto Rico this man speaks three languages, holds multiple real estate licenses, has successfully started, and operated several businesses. His dedication to our mission is unprecedented but his real magic has been in the team he has assembled. I want to focus this week on two incredible men whose unwavering commitment to Sports Venues and our mission is nothing short of astonishing.
Miguel Munoz serves as the Company’s Chief Technical Officer, but he is so much more. In our infancy when cash was so tight this man devoted every waking moment of his life to writing the code that has become GGToor.com, one of the most complex and comprehensive eSports portals in the world. This man designed and developed all our logos and has been instrumental in branding our Company in over 30-countries. Although we have elevated his compensation, for the first many months, he could have made more working for his local McDonald’s. Our Company would be nothing without him and I felt it was time he was recognized for the massive contribution he has made to our success thus far.
Talk about unsung heroes, Jim Hurley is a man who came into our family just about six-months ago. Jim heads up every tournament we have and for those not familiar with operating a tournament, each is a monumental undertaking. Dozens of details must be handled including legal, rules, prizes, cash awards, tournament staffing and these items just barely scratch the surface. Jim directs a team of sub-contractors ranging from 9 to 15 persons per tournament. The hours this man invests to ensure every tournament is a complete success is unbelievable. Jim has become one of the most critical members of the Sports Venues family.
On to the business and the events that took place this past week.
There are multiple revenue streams connected to eSports. Like other aspects of this ecosystem, estimates of revenues yield diverging and sometimes contradictory data. However, most industry experts agree that advertising, sponsorships, media rights, ticket sales to live events and merchandising are among the main monetization channels. We are moving forward on all those fronts as fast as we can.
We are looking into a few niches such as games and events for the physically impaired and female gamers, streamers, and Influencers. Women’s viewership of eSports grew from 23.9 percent of all watchers in 2016 to 30.4 percent in the fourth quarter of 2018, according to a report by market researcher Interpret. That 6.5 percent change is a considerable leap, considering the heavy representation of men in both eSports audiences and professional athletes in the past. As a Company, we are placing more emphasis on attracting women to GGToor.com.
“Changing behaviors among a large segment of people is difficult. Progress of this size always takes time; however, a [6.5 percent] gain in gender share over two years is a trend in the right direction,” said Tia Christianson, the vice president of research in Europe for Interpret, in a statement. He went onto say, “If two years from now, the female audience grabs an additional 6 percent in share, eSports viewership will be in gender parity with what we consider standard among traditional console and PC games. Change is coming.”
On the weekly events, we have POKEMON TCG. This is our fourth Pokemon event so far, we will have one every month to make good on our promise to subscribers and the Pokémon community that, by purchasing any of our plans, they have a chance to win big prizes. This tournament registration was slow but even with that, we had reached a sizable number of participants and are looking forward to next Month's Pokemon event.
For our World of Tanks event over the weekend of Feb 12-14, we were able to shatter several of our previous records! For player engagement, over 250 teams played in the first qualifier event of the weekend, and over 1,100 total players registered for one or more of the events held over the course of the weekend! On viewership, the channel for our designated streamer hit a peak of over 1,300 viewers, maintaining an average of over 1,000 concurrent viewers for the broadcast!
Looking at future planning and growth, this week Jim Hurley has drafted Tournament Organizer contracts for Rocket League, Call of Duty: Warzone, World of Tanks, Team Fortress 2 (and a potential Guilty Gears XX event) working to firm up the lineup of events for the bulk of March, and has been investigating new games for viability, including exploring the possibility of future events with new potential Tournament Organizers for titles including Fortnite, Dead by Daylight, Due Process, and others. Jim has reached out to several organizations to plant the seeds for possible future sponsorships.
We are already gearing up for our March events starting with Minion Masters followed by the popular Call of Duty Warzone this is our first COD Warzone event both on March 6 and 7th. Team Fortress of March 14th, Pokemon TCG on March 20, and World of Tanks for March 27th.
What a week! John V Whitman Jr, CEO/Chairman said, “Last week I received correspondence from dozens of Sports Venues shareholders and the overwhelming theme of each was they loved these weekly management reports. We want every shareholder to feel connected to the Company in a way no other small cap issuer has before. We consider our shareholders critical family members, and we feel privileged to keep you informed. If you would like to provide feedback, simply log onto https://www.sportsvenues.net/ and send us your thoughts. I want to thank everyone for the tremendous market support we have enjoyed this past week. The Company is delivering on its promises and the market is watching.”
Want to participate? Find the plan that best suits you, can choose between Bronze Plan Gold Plan Diamond Plan https://ggtoor.com/join.php. If you want to be an organizer bring your team or friends to GGtoor.com. We can help you grow and support you so you can reach a worldwide audience of similar-minded individuals that like to compete and have fun, you can be sure that GGToor.com is here to grow with you. Just follow the link to sign up as an organizer https://ggtoor.com/organizerlogin.php if you have any questions about our events visit Discord https://discord.gg/GUhyZxFH8Q, https://twitter.com/ggtoor, https://www.twitch.tv/ggtoor, https://www.facebook.com/eShadowGaming
If your organization would like to be part of this growth and would like to work with Shadow Gaming, contact us at luis@shadowgamingtv.com .
About BTHR
Sports Venues of Florida, Inc., is a developmental stage company engaged in the business of eSports, and the development of youth sports and family entertainment complexes. The company, through its wholly owned subsidiary, Shadow Gaming, Inc., has aggressively entered the eSports market. Shadow Gaming’s new portal GGToor.com has been launched and is one of the most comprehensive gaming portals in the world. The Company is now accepting subscriptions from players, gamers, and tournament organizers. To register log on to https://ggtoor.com/. In addition, the company plans on operating a few subsidiary companies from high tech data management businesses to product and support businesses. Finally, the Company is actively looking for locations to build indoor eSports arenas that will host major international gaming tournaments.
Forward-Looking Statements. This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “seek,” “project,” “model,” “ongoing,” “will,” “should,” “forecast,” “outlook” or similar terminology. These statements are based on and reflect our current expectations, estimates, assumptions and/ or projections as well as our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements are neither predictions nor guarantees of future events, circumstances or performance and are inherently subject to known and unknown risks, uncertainties and assumptions that could cause our actual results to differ materially from those indicated by those statements. There can be no assurance that our expectations, estimates, assumptions and/or projections, including with respect to the future earnings and performance or capital structure of Sports Venues of Florida, Inc.
For Additional Information Contact:
John V Whitman Jr.,
John@sportsvenues.net
https://sportsvenues.net/
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