ePlay Digital Readying for New Sports Gaming Legislation in Canada and U.S. with Launch of Fan Freak

Rhea-AI Summary

ePlay Digital Inc has announced the development of its new app, Fan Freak, targeting the upcoming sports gaming legislation in Canada and the U.S. This initiative capitalizes on the recent passing of Bill C-218 in Canada, which allows betting on single-sport events. The company aims to leverage trends in sports technology and legislation, proposing a platform that enhances audience engagement. A PwC report estimates the Canadian sports betting market could reach up to USD $2 billion within two years following legalization. Sign-up for early access to Fan Freak is coming soon.

Positive

• Potential market growth in Canada, estimated at USD $1 billion to $2 billion post-legalization of single-game betting.
• Strong development background with partnerships from companies like ESPN and Time Warner Cable.
• The new Fan Freak app targets a broad audience and leverages recent legislative changes.

Negative

• None.

LOS ANGELES, CA / ACCESSWIRE / May 6, 2021 / ePlay Digital Inc. (CSE:EPY)(OTC PINK:EPYFF)(FSE:2NY2) (the "Company") today announced that its Fan Freak app in development, is building towards sports gaming legislation in Canada and various states in U.S.. In particular, the Company is leveraging the recent passing of Bill C-218 by the House of Commons on April 22, 2021 which would end prohibition of betting on single-sporting events in Canada.

ePlay's Fan Freak app is designed for a wide audience, including what the industry is calling the ‘Fluid Sports Fan'. ePlay has created sports apps for ESPN, Intel, Time Warner Cable, Cineplex, and others. Upcoming legislative changes, pandemic projections, market trends, internal analysis, and competitive landscape clearly indicate the features and value proposition positioning for ePlay's upcoming Fan Freak platform. The company continues to develop its new game positioned for ease of use and broad appeal.

"Even a global pandemic didn't fully impact the evergreen nature of sports," says Trevor Doerksen, CEO of ePlay Digital. "We see legislation, NFT technology, mobile technology, augmented reality, and market trends converging to create massive opportunities for ePlay's apps, including those under development, to become breakout successes with sports fans."

Fan Freak players use their sports knowledge and prediction skills to build streaks and win. Big winners are ePlay's Big Shots. Players will also play Fan Freak from within other games in ePlay's line-up.

ePlay will soon be launching an early access sign-up program for Fan Freak at www.eplaydigital.com/fanfreak. ePlay CEO, Trevor Doerksen, will also be presenting at LA Games Conference on May 11 in a session titled, Creating Blockbusters: The Role of Games and Interactivity in Developing Entertainment Franchises.

A February 2021 PwC report projects up to 10 times the current market size in Canada within the first two years of legalized single-game betting, estimating a range of between USD $1 billion to $2 billion.

About ePlay
ePlay Digital Inc. is a mobile game creator and publisher specializing in sports, esports and entertainment augmented reality titles, including their new augmented reality running app, Klocked.me, flagship title Big Shot Basketball and Howie Mandel mobile game collaboration - HowiesGames.com. ePlay is operated by an award-winning team of sports, gaming and eSports leaders as well as broadcast and digital technology industry experts, software engineers and athletes who have brought dozens of game titles to market for companies including Time Warner Cable, ESPN, Sony Pictures, AXS TV, Intel, AXN, Fiat, CBS, and others.

ePlay's wholly-owned subsidiary, Mobovivo eSports specializes in augmented reality, mobile game development and mobile eSports streaming.

ePlay Released Games

Howie Go Viral - iOS / Android
Outbreak ES - iOS
Outbreak Unlimited - iOS / Android
SwishAR ES - iOS
SwishAR - iOS / Android
Big Shot Basketball - iOS / Android
Big Swish - iOS
Big Shot Swish ES - iOS

Sign up for early access to Klocked Augmented Reality Fitness App - Klocked.me

Further Information
Further details are available under the Company's profile on SEDAR at www.sedar.com and the Company's profile on the CSE's website at www.thecse.com/.

For further media information, or to set up an interview, please contact:
ePlay Digital Inc.
(310) 684-3857
E-mail: info@eplaydigital.com
Website: www.eplaydigital.com
Canadian Securities Exchange (CSE): Symbol EPY
Deutsche Boerse Xetra - Frankfurt Stock Exchange: Symbol 2NY2; WKN: A2AN4D; ISIN CA26885W1041

SOURCE: ePlay Digital Inc.

View source version on accesswire.com:
https://www.accesswire.com/645041/ePlay-Digital-Readying-for-New-Sports-Gaming-Legislation-in-Canada-and-US-with-Launch-of-Fan-Freak

FAQ

What is the purpose of ePlay Digital's new app Fan Freak?

The app is designed to engage users in sports gaming, leveraging upcoming sports gaming legislation in Canada and the U.S.

How does Bill C-218 affect ePlay Digital Inc?

Bill C-218 allows for betting on single-sport events in Canada, which is expected to significantly increase the sports betting market.

What is the expected market size for sports betting in Canada?

A PwC report projects the market could grow to between USD $1 billion to $2 billion within two years of legalization.

When will Fan Freak be available for early access?

ePlay Digital will soon launch an early access sign-up program for Fan Freak.

What companies has ePlay Digital partnered with in the past?

ePlay has developed sports apps for notable companies including ESPN, Intel, and Time Warner Cable.