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GameSquare Esports Inc. congratulates TimTheTatman Tailgate for winning New Event of the Year and Jason Lake for receiving the Lifetime Achievement in Esports award at the Tempest Awards. These accolades highlight GameSquare's growth in the esports ecosystem. The company’s events, including a recent festival generating 500,000 social engagements and attracting over 8,000 attendees, demonstrate its capability to connect brands and fans. GameSquare continues to expand its diversified platform, enhancing brand awareness and revenue opportunities.
GameSquare Esports Inc. (CSE:GSQ; OTCQB:GMSQF) will announce its third-quarter 2022 financial results on November 16, 2022, at 5:00 PM ET. The conference call will include an operational update and projected revenue guidance of US$45 to $50 million with a gross margin of 35% to 40%. Key executives, including CEO Justin Kenna and CFO Paul Bozoki, will present during the webcast. GameSquare is an international digital media company focused on connecting brands with gaming and esports fans and owns various esports-related businesses.
GameSquare Esports Inc. (GMSQF) reported its 2023 revenue guidance of US$45 to US$50 million, representing a 65% year-over-year increase. The expected gross margin is 35-40%. The company also reaffirmed its 2022 revenue guidance of US$27.5 to US$30 million with a 35% to 40% gross margin. CEO Justin Kenna highlighted significant revenue growth and a robust sales pipeline, with increasing interest from brands in the esports sector. GameSquare aims to leverage its integrated business model to enhance brand engagement with over 220 million followers in gaming.
GameSquare Esports Inc. has announced that NFL All-Pro cornerback Trevon Diggs has signed with Complexity Stars, enhancing the division that merges sports and gaming. Diggs is the first Dallas Cowboys player in this celebrity gaming roster, which includes various stars from entertainment and sports. This collaboration aims to expand brand relationships and enhance digital presence. GameSquare has significantly increased its audience to over 220 million through its investments, including a key partnership with Lenovo, making it the exclusive PC provider to Complexity Gaming.
GameSquare Esports Inc. (CSE:GSQ)(OTCQB:GMSQF) announced that Complexity Gaming has been nominated for Esports Team of the Year and TimTheTatman's Tailgate for New Event of the Year at the Tempest Awards. CEO Jason Lake will receive a Lifetime Achievement in Esports award. The awards ceremony will be held on November 2, 2022, in Las Vegas. GameSquare has significantly expanded Complexity Gaming's brand following a June 2021 acquisition, achieving over 105 million followers through strategic investments and partnerships, including a multi-year deal with Lenovo.
Dairy MAX and Gaming Community Network have launched the Fuel Up to Play 60 Madden NFL 23 Open Tournament for middle and high school students in the Dallas Cowboys viewing area. This online gaming competition opens registrations today, allowing participants to compete on Xbox or PlayStation. The tournament promotes healthy eating and physical activity, with grand prize winners receiving a day of experiences with the Cowboys. The finals will be broadcast live on October 27 via Twitch. Dairy MAX, as the Official Nutrition Partner, emphasizes balanced nutrition for overall wellness.
GameSquare Esports Inc. has announced the closing of a US$3 million non-brokered private placement to support its accelerated revenue growth and strengthen its balance sheet. The offering consists of 29.9 million units priced at C$0.14 each, along with 6 million warrants exercisable at C$0.20 until 2027. Led by strategic investors from Silicon Valley, this capital boost aims to position GameSquare closer to profitability and enhance its business model within the growing esports market.
GameSquare Esports Inc. (CSE:GSQ)(OTCQB:GMSQF) announced the addition of key personnel to enhance revenue growth and business optimization. New hires include a Chief Operating Officer, Chief Strategy Officer, and several Regional Sales Directors, among others. CEO Justin Kenna emphasized that these experienced individuals will contribute positively to the company’s rapid growth trajectory. GameSquare aims to connect global brands with fans through innovative strategies and has a portfolio including various esports and gaming entities.
Gamesquare Esports announces Lauren Baines, Head of European Sales, will lead a panel on female gaming at the Mindshare UK Huddle 2022 on September 15, 2022. The discussion, titled Challenging the Perception of the Gaming Audience and the Need for Brands to Support Female Gaming, emphasizes the importance of diversity in esports. Joining Baines are esports presenter Jasmine Kanuga and streamer Catrin Taylor. Gamesquare is committed to inclusivity within the gaming community, as highlighted in their 2022 Letter to Shareholders.
GameSquare Esports has appointed Derek Chestnut, former VP of Consumer Products at FaZe Clan, as Head of Consumer Products. The company launched Mission Supply Co., focused on merchandise and consumer product design for brands in the gaming industry. Mission Supply is expected to generate revenue in 2022 and has established clients in esports and lifestyle brands. Derek Chestnut brings expertise from his previous success in merchandise collaborations, enhancing GameSquare's offerings that connect brands with a gaming audience exceeding 220 million.
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