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ESE ENTMT INC - ENTEF STOCK NEWS

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 ENTMT INC (symbol: ENTEF) is a global technology company focused on gaming that provides services to leading video game developers, publishers, and brands. ESE operates its ecommerce channels, esports teams, and gaming leagues, delivering technology, infrastructure, and fan engagement services internationally. The company recently completed the grand finals of the 2024 Ultraliga esports tournament, engaged in a partnership with Pringles for the Samsung Galaxy Ultraliga tournament, produced the Teamfight Tactics esports tournament, and is currently producing the Mid-Season Invitational 2024 for League of Legends. Additionally, ESE has expanded its partnership with Bombee Global Entertainment to support the Crescent Street Grand Prix Festival during the Montreal Formula 1 Grand Prix week.

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ESE Entertainment Inc. has successfully acquired 9327-7358 Quebec Inc. DBA GameAddik, enhancing its esports capabilities. This acquisition adds GameAddik's client base, generating $24 million in revenue and $4.7 million in operational income in fiscal 2020. Key benefits include increased revenue potential, an expanded tier-1 client base, improved technology, and the ability to enter the iGaming sector. GameAddik's experienced team will support seamless integration, marking a significant step in ESE's growth trajectory.

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ESE Entertainment Inc. (OTCQB: ENTEF) announced a reseller agreement between its subsidiary, Digital Motorsports (DMS), and Corsair Gaming (NASDAQ: CRSR). This partnership will enhance DMS's offerings by adding premium gaming PCs and peripherals to its marketplace. Corsair One Gaming PCs and Elgato Streamdeck are among the key products included. Niall Maher, CEO of DMS, emphasized the goal of becoming the leading brand in motorsports by providing top-tier esports solutions. ESE aims to grow its presence in the gaming and esports sectors through selective acquisitions and innovative products.

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ESE Entertainment Inc. (OTCQB: ENTEF) has partnered with BallStreet Trading to launch a free-to-play live Super Bowl event called 'The Market', running from February 9 to February 13, 2022. This collaboration, which includes partners like Sporttrade and Litquidity, aims to merge sports and financial markets in an innovative way. ESE will leverage its esports expertise to enhance user engagement on the BallStreet platform, which features live contests such as 'First Team to Score 10 Points'. The event promises a unique experience for participants to trade while watching the game.

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BallStreet Trading announces a $50,000 free-to-play live event, 'The Market', set for February 9-13, 2022. Key partnerships include Sporttrade, Litquidity, and ESE Entertainment Group. The event features two live contests: 'First Team to Score 10 Points' and 'Winner of Game', allowing traders to participate in real time. CEO Scott San Emeterio expressed excitement for the collaboration, highlighting a shared vision with partners to accelerate market trends. This initiative aims to engage users through gamification in a unique trading experience during sports events.

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ESE Entertainment Inc. (OTCQB: ENTEF) announced that its subsidiary, Frenzy, will host the Ultraliga Teamfight Tactics Arcane final on January 30, 2022. This event marks the first offline Riot Games TFT regional league final broadcast on TV. It will take place at Frenzy's studio in Warsaw, Poland, and is linked to the Netflix series Arcane. Sixteen top Polish players competed for a spot in the final, with the winners advancing to the international competition, TFT Superbrawl. ESE's management expressed enthusiasm for returning live events, indicating potential business growth.

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ESE Entertainment Inc. (OTCQB: ENTEF) has signed a framework agreement with Skinwallet S.A. to develop technological and marketing solutions for gaming, esports, and NFTs. This collaboration will allow ESE to enhance brand awareness for Skinwallet's innovative products in the metaverse. ESE aims to support Skinwallet's global expansion without directly creating or selling NFTs. Furthermore, ESE has entered into a finder’s fee agreement related to its proposed acquisition of GameAddik, with a consideration of $240,600 and shares of the Company.

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ESE Entertainment Inc. (OTCQB: ENTEF) has launched a new division aimed at expanding its business into the metaverse, focusing on major platforms like Decentraland and The Sandbox. This initiative capitalizes on the growing demand for Web3 applications and aims to leverage ESE's existing expertise in gaming. CEO Konrad Wasiela emphasizes the significant opportunities within the metaverse, believing ESE is well-positioned to provide valuable services to its clients in this emerging space. The company also plans to explore strategic partnerships and hires to enhance its metaverse offerings.

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ESE Entertainment Inc. (OTCQB: ENTEF) announces the launch of Ultraliga, an international League of Legends esports competition starting January 11, 2022. Organized by its production company, Frenzy, the league will include teams from Poland, Switzerland, Serbia, and Lithuania, expanding from 8 to 10 teams. Matches will be played over 24 days, and the winner will qualify for the European Masters. Broadcasts will occur from Frenzy’s Warsaw studio, making the event accessible online and on Polsat Games.

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ESE Entertainment (OTCQB:ENTEF), a Europe-based entertainment and technology company focused on gaming and esports, reported a remarkable quarterly revenue of $4,234,984, marking an over 400% increase compared to the previous quarter. The firm has executed a successful M&A strategy, completing four acquisitions in 2021. ESE aims to expand its offerings in the metaverse and igaming while pursuing synergistic acquisitions and enhancing financial performance. CEO Konrad Wasiela highlights the company’s determination to build long-term shareholder value.

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ESE Entertainment (OTCQB:ENTEF) announces its subsidiary, Digital Motorsports, has partnered with NASCAR for the second season of the eNASCAR International iRacing Series. The event will feature five virtual races across tracks in the U.S., Canada, and Belgium, starting January 8, 2022, at Homestead-Miami Speedway. The series aims to enhance fan engagement and international driver development. Events will be live-streamed on eNASCAR.com. This collaboration positions ESE to leverage its esports technology and simulators to promote growth in the motorsports sector.

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FAQ

What is the current stock price of ESE ENTMT (ENTEF)?

The current stock price of ESE ENTMT (ENTEF) is $0.0506 as of November 22, 2024.

What is the market cap of ESE ENTMT (ENTEF)?

The market cap of ESE ENTMT (ENTEF) is approximately 6.0M.

What services does ESE ENTMT INC provide?

ESE delivers technology, infrastructure, and fan engagement services to video game developers, publishers, and brands globally.

What notable tournaments has ESE ENTMT INC been involved in?

ESE recently completed the grand finals of the 2024 Ultraliga esports tournament, partnered with Pringles for the Samsung Galaxy Ultraliga, produced the Teamfight Tactics esports tournament, and is currently producing the Mid-Season Invitational 2024.

What is ESE ENTMT INC's latest expansion?

ESE expanded its partnership with Bombee Global Entertainment to support the Crescent Street Grand Prix Festival during the week of the Montreal Formula 1 Grand Prix, showcasing its capabilities in the traditional sports arena.

ESE ENTMT INC

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6.03M
88.00M
21.45%
Entertainment
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