Welcome to our dedicated page for Ese Entmt news (Ticker: ENTEF), a resource for investors and traders seeking the latest updates and insights on Ese Entmt stock.
ESE Entertainment Inc. (ENTEF) is a global gaming technology leader providing infrastructure, esports production, and digital engagement solutions. This page serves as the definitive source for official company announcements and developments.
Access real-time updates on strategic partnerships, technology innovations, and financial performance. Investors and industry professionals will find curated news spanning earnings reports, acquisition announcements, and esports event launches, all essential for understanding ENTEF's market position.
Our news collection prioritizes accuracy and relevance, offering insights into ENTEF's blockchain integrations and gaming ecosystem initiatives. Bookmark this page for streamlined tracking of the company's progress in bridging traditional gaming with emerging technologies.
ESE Entertainment Inc. (OTCQB: ENTEF) announced the completion of its acquisition of Auto Simulation Limited, trading as Digital Motorsports, enhancing its digital motorsports business. The acquisition involved a total payment of CAD $1,681,250 in cash, 941,500 common shares, and potential future shares based on revenue milestones. ESE's CEO highlighted new technologies and global partnerships, while Digital Motorsports aims to bridge motorsport and esports. The global motorsport industry valuation is approximately €159 billion.
ESE Entertainment (TSXV:ESE, OTCQB:ENTEF) has announced a multiyear agreement with the FIA to provide marketing rights for the FIA Rally Star, a global talent selection program. This partnership aims to enhance the program's global reach, identifying young driving talent aged 17 to 26 through the Digital Challenge and #RallyAtHome Challenges featuring the WRC 9 simulation racing game. The collaboration underscores a shift towards inclusivity in motorsport, merging esports with traditional racing to attract a new generation of competitors.
ESE Entertainment Inc. (OTCQB: ENTEF) announces the second edition of the Porsche Esports Sprint Challenge Poland, beginning September 9, 2021. This event will be featured in the official calendar of the Polish Automobile and Motorcycle Federation and broadcasted by ELEVEN SPORTS. The competition will showcase 24 drivers and include revamped formats with legendary tracks. CEO Konrad Wasiela highlights that partnering with ELEVEN SPORTS will enhance the visibility of digital motorsports in Poland and globally.
ESE Entertainment Inc. (OTCQB: ENTEF) announced its acquisition of Auto Simulation Limited, trading as Digital Motorsports, an Ireland-based provider of advanced simulation racing infrastructure. The multi-year deal includes a partnership with Formula 3 driver Jack Doohan, who will serve as a Brand Ambassador until the end of 2022. Digital Motorsports will supply a custom simulator for Doohan's training, enhancing his preparation for races. This strategic move aims to strengthen ESE's presence in the esports and gaming industry.
ESE Entertainment (OTCQB:ENTEF) announced that CEO Konrad Wasiela will present at Wall Street Reporter's "Next Super Stock" livestream conference on August 25, 2021, at 1:00 PM Eastern. The presentation will cover the company's recent growth in esports, acquisitions, and execution strategies in gaming. Investors unable to attend live can access a recorded video later.
The conference aims to spotlight companies poised for transformational growth, potentially driving stock appreciation.
ESE Entertainment has launched a series of non-fungible tokens (NFTs) through a partnership with Bitcoin Vault (BTCV) for the esports talent show, SkillzVault by Bitcoin Vault. The initial NFT set, featuring a character from South Korea, sold out on August 13, 2021, within hours. Further NFT releases are planned for tournaments in China, Japan, Vietnam, and Brazil. ESE is responsible for the production and marketing of this global tournament, which includes participants from five countries. The final is scheduled for November 21, 2021.
ESE Entertainment Inc. (OTCQB: ENTEF) has announced its continued marketing partnership with the Polish Automobile and Motorcycle Federation for the Porsche Esports Sprint Challenge Poland 2021. The championship, starting August 16, includes three prequalifying rounds and will conclude on October 28. The event aims to enhance digital motorsport, which is gaining popularity and recognition globally.
The champion will be awarded the title of Polish Champion and qualify for Porsche's Driving Experience program.
ESE Entertainment Inc. (OTCQB: ENTEF) has announced a binding share purchase agreement to acquire Digital Motorsports, an Ireland-based provider of advanced sim racing technology. The total purchase price for 100% equity includes CAD $1,681,250 in cash, 941,500 common shares, and up to 8,473,500 earn-out shares based on revenue milestones. This acquisition aims to strengthen ESE's position in the sim racing market and enhance its growth prospects. Digital Motorsports is recognized for its innovative racing simulator solutions and is expected to contribute significantly to ESE's strategy.
ESE Entertainment Inc. (OTCQB: ENTEF) has appointed Kuba Brzeziński as a digital motorsports advisor. Brzeziński is a professional esports driver with Williams Esports and a notable figure in simracing. His achievements include winning the Virtual 24h of Le Mans and the WTCR Esports tournament. In his new role, he will focus on managing digital motorsports tournaments and business development strategies for ESE, aiming to enhance the company’s growth in the simracing sector.
