GAMEON ENTMT TECHNOLOGIES - GMETF STOCK NEWS

GameOn (CSE: GET, OTCQB: GMETF) announces the launch of the $GAME token on June 3, developed with Sportsology. A total of 59,000,000 $GAME tokens have been granted to GameOn by Sportsology. This launch includes 'GAME Week,' featuring over 50 events supported by major sports leagues like LALIGA, PFL, and Karate Combat, as well as web3 partners such as Arbitrum and OpenSea. Influencers like Mario Nawfal will participate. $GAME aims to unify experiences and rewards across GameOn's fantasy sports ecosystem. GameOn is built on Arbitrum, a prominent Layer 2 (L2) scaling solution for Ethereum. CEO Matt Bailey states that $GAME will revolutionize the gaming experience for sports fans.

GameOn (CSE: GET) (OTCQB: GMETF) has been granted a management cease trade order (MCTO) by the British Columbia Securities Commission due to a delay in filing its annual financial statements. The delay is caused by additional due diligence related to new commercial agreements and blockchain grants. The MCTO restricts the CEO and CFO from trading until the filings are submitted. The company expects to file the annual statements by June 28, 2024, and is complying with alternative information guidelines in the meantime.

GameOn announces the late filing of annual financial statements and MD&A due to audit delays, with an expected completion date of June 28, 2024. The company has applied for a management cease trade order and cites additional due diligence for new commercial agreements and blockchain grants as reasons for the delay.

GameOn successfully sells out LALIGA War Chests despite Ethereum gas challenges, plans to launch $GAME on Arbitrum. The company extends loan maturity date with Proje Ventures Inc.

GameOn, a next-generation fantasy sports company, has received a grant funding from Sportsology, resulting in the acquisition of 59,000,000 $GAME tokens. The partnership aims to integrate the $GAME platform into major league projects to enhance fan engagement and drive revenue growth. GameOn LALIGA has already gained significant traction on social media, and the $GAME platform is set to launch on Arbitrum in Q2. The finalized software development and support agreement is expected to generate $9.3m over five years. This partnership positions GameOn to reach masses of sports fans and capitalize on the growing popularity of fantasy sports.

GameOn (CSE: GET) (OTCQB: GMETF) partners with Sportsology to drive revenue growth and fan engagement through a definitive software development and support agreement. The deal is expected to bring in $2.3m in development fees in Q4 and $1.4m in annual recurring revenue from 2024 onward, with a total expected value of $9.3m over five years.

GameOn (CSE: GET) (OTCQB: GMETF) reports a 456% increase in revenue for Q3 2023 compared to 2022, with a 16% decrease in net loss. The company also announced partnerships expected to drive significant revenue in Q4 and beyond.

GameOn (GET) receives grant funding from The Arbitrum Foundation to launch major league partnerships on the Arbitrum One network, including LALIGA and PFL. The deal signifies strong industry backing and support for GameOn's web3 fantasy sports platform.

GameOn Entertainment Technologies Inc. (GET) announces a letter of intent to complete a software development and support agreement with Sportsology, driving $2.3m in development fees into Q4 and $1.4m in annual recurring revenue from 2024 onward. The total expected value of the deal is $9.3m over five years, with the partnership anticipated to grow and garner further opportunities. GameOn is developing a fantasy sports infrastructure called $GAME to drive fan engagement and revenue growth for game developers and sports leagues worldwide. Sportsology will benefit from GameOn's expertise in web3-based intellectual property development, with proven domain expertise in sports and games. GameOn expects to leverage $GAME to provide unified experiences and rewards across its ecosystem of game products, including for LALIGA and PFL. Management intends to share new and detailed guidance on revenue projections in December.