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GameSquare announces the appointment of Tyler "Ninja" Blevins as its new Chief Innovation Officer. Blevins will spearhead the launch of Ninja Labs, an innovation hub aimed at developing cutting-edge gaming products and strategies to engage youth culture. His extensive experience in gaming and pop culture will enhance GameSquare's growth opportunities. The initiative is supported by the company's marketing and content resources and is expected to create new revenue channels. With a collective reach of over 290 million followers, GameSquare aims to solidify its position within the gaming and entertainment industry.
GameSquare Esports announces the NFL's Madden NFL 23 x HBCU Tournament finals on February 11 at 3 PM ET, featuring a 200% increase in player participation and over 56 schools. Student finalists will gain invaluable career insights during Super Bowl week in Phoenix, receiving tickets to Super Bowl LVII. Hosting the event are Micah Parsons, Tiffany Green, and Erin Ashley Simon. The tournament emphasizes inclusivity and representation, with a notable first-ever all-women's bracket. A prize pool of $70,000 will be awarded, supported by sponsors like Microsoft and Visa.
GameSquare Esports Inc. announces the renewal of its partnership with Miller Lite for Complexity Gaming for the fourth consecutive year. The partnership enhances Complexity's brand presence in the esports market while solidifying Miller Lite's commitment to the gaming community. Key developments include sponsorship of the Miller Lite Player Lounge at Complexity's headquarters, which offers a space for players and coaches to relax. Since its acquisition in 2021, Complexity has significantly expanded its audience from 10 million to over 105 million, boosting brand awareness through various sponsorships and initiatives.
GameSquare Esports (CSE:GSQ)(OTCQB:GMSQF) announced that Complexity Gaming will launch an advertising campaign for Buddybet Group this December. The campaign features leading Complexity talent in social challenges, promoted via Twitch and social media. The first event, Buddybet Gaming Challenge, is set for Q1. GameSquare CEO Justin Kenna highlighted the campaign's reach, exceeding 105 million social followers for Complexity. This partnership showcases innovative product offerings aimed at engaging esports fans while promoting the Buddybet platform for social, non-monetary betting.
GameSquare Esports and Engine Gaming have announced a definitive arrangement agreement to merge, with GameSquare shareholders owning approximately 60% and Engine Gaming shareholders owning 40% of the combined entity, which will trade under the ticker GAME. The merger aims to create a leading digital media and technology platform tailored for gaming and youth culture audiences. Expected to close in Q1 2023, the combined company's projected revenue exceeds $70 million with enhanced access to U.S. investors and an accelerated path to profitability.
GameSquare Esports Inc. (CSE: GSQ, OTCQB: GMSQF) announced a grant of 2,000,000 Restricted Share Units (RSUs) to CEO Justin Paul Kenna, effective immediately. This decision follows the company's Restricted Share Unit Compensation Plan. The RSUs are subject to a four-month hold period, as per Canadian Securities Exchange regulations. Headquartered in Toronto, GameSquare is a leading international digital media and entertainment company focused on esports, owning several businesses in this sector.
GameSquare Esports Inc. (CSE:GSQ)(OTCQB:GMSQF) announced that its CEO, Justin Kenna, was named to the 2023 Dallas 500 list recognizing influential business leaders in North Texas. This accolade highlights Kenna's significant impact in the gaming and esports sectors since joining GameSquare less than two years ago. The Dallas 500 is a prestigious annual list compiled by D CEO, showcasing leaders from various business categories. GameSquare continues to grow under Kenna's leadership, reinforcing its status as a major player in the esports industry.
GameSquare Esports (GMSQF) reported a record revenue of $10.1 million for Q3 2022, a more than 50% increase from Q2 2022, and a significant rise from $1.98 million in Q3 2021. Gross profit also surged to $3.59 million with a gross margin of 35.4%. The company increased its 2022 revenue guidance to $27.5 - $30 million. Despite this growth, adjusted EBITDA showed a loss of $2.04 million. GameSquare appointed Jeremi Gorman, a Netflix executive, to its board and is targeting $45 - $50 million revenue for 2023.
GameSquare Esports Inc. has appointed Jeremi Gorman, President Worldwide Advertising at Netflix, as an independent director to its Board, effective immediately. Gorman, with a strong background in digital media and revenue growth, is expected to enhance GameSquare's strategy and business development. Her previous experience includes significant roles at Snap Inc. and Amazon Advertising, where she contributed to major revenue increases. The leadership looks forward to leveraging her insights to accelerate revenue growth in the competitive gaming and esports market.
GameSquare Esports Inc. has announced that Complexity Gaming has joined the Halo Championship Series as a partner team. This partnership opens new revenue opportunities through exclusive content, merchandise, and event hosting in Halo Infinite. Complexity's reach now extends to over 105 million fans globally, enhancing brand connections. CEO Justin Kenna highlighted the growth in audience engagement, while Microsoft’s Halo Esports Lead applauded Complexity's longstanding presence in esports. The collaboration aims to strengthen ties with the Halo community and boost league revenue sharing.