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Simplicity Esports (OTCQB: WINR) reported record revenue for June 2021, surpassing previous monthly records despite ongoing capacity restrictions at some gaming centers. Currently, Simplicity operates 15 centers, with nine at limited capacity. CEO Roman Franklin noted positive trends in customer returns, with expectations for continued revenue growth barring new COVID-19 restrictions. The company is also pursuing a listing on NASDAQ or NYSE American, though approval is not guaranteed. The audited annual report is expected by August 31, 2021.
Simplicity Esports (OTCQB:WINR) announced plans to start passive cryptocurrency mining at its gaming centers through a collaboration with ggCircuit. The initiative aims to utilize idle gaming PCs to mine Ethereum, projecting revenues of $100 to $125 monthly per PC. The company recently recorded revenue growth in March and April and intends to file its 10-K annual report within 75 days. Furthermore, Simplicity Esports is pursuing a listing on The NASDAQ or NYSE American, though approval is not guaranteed.
Simplicity Esports is set to launch an e-commerce platform in July, offering trading card games and gaming accessories, which aims to complement its 33 gaming centers across 13 states. CEO Roman Franklin highlighted the demand for TCG products, noting recent retail challenges. The company recently reported record revenues in March and April and plans to file its audited 10-K report soon. Additionally, Simplicity Esports is exploring a listing on NASDAQ or NYSE American, though approval is not guaranteed.
Simplicity Esports (OTCQB:WINR) aims to expand its esports gaming center footprint by launching at least 30 new centers in the next 18 to 24 months. The company is leveraging disruptions in commercial real estate due to COVID-19, allowing them to sign percentage rent leases with national landlords. These centers will range from 2,000 to 4,000 sq ft, mainly in shopping malls. Simplicity Esports previously generated over $3 million in revenue in 2019 and plans to list its stock on NASDAQ or NYSE American, though approval is uncertain.
Simplicity Esports and Gaming Company (WINR) will present at the LD Micro Invitational XI on June 9 at 4:30 PM ET. CEO Roman Franklin aims to showcase recent developments, including acquisitions and record revenue. The company intends to list its stock on The Nasdaq or NYSE American, although approval is not guaranteed. The LD Micro Invitational runs from June 8-10, featuring over 200 companies in presentations aimed at investors.
Simplicity Esports and Gaming Company (OTCQB:WINR) reported record revenues for its corporate gaming centers in March and April 2021, continuing a trend from a strong quarterly performance ending February 28, 2021. Currently, the company operates 15 gaming centers, with 9 at 25%-75% capacity. Roman Franklin, CEO, indicated plans for further strategic acquisitions and new constructions in 2021, aiming for corporate-owned gaming center profitability, conditioned on COVID-19 restrictions. The company also plans to list its stock on NASDAQ or NYSE.
Simplicity Esports and Gaming Company (OTCQB:WINR) announced the opening of new gaming centers in Fullerton, CA, and Vancouver, WA, expanding its total to 15 operational centers. Currently, 6 locations are at full capacity, with others operating at various levels. The company reported a record revenue quarter for the period ended February 28, 2021, despite some centers not being fully operational. Looking ahead, Simplicity plans further acquisitions and aims for profitability as restrictions ease. The company also intends to list on NASDAQ or NYSE American, though approval is not guaranteed.
Simplicity Esports and Gaming Company (OTCQB:WINR) has acquired assets from a former PLAYlive Nation franchisee in Vancouver, WA. This new gaming center, which has over 17,000 unique customers, is set to reopen in mid-April 2021. CEO Roman Franklin anticipates that this will be the fourteenth corporate center, aiming for profitability within the first month of operations. Additionally, Simplicity Esports secured a sponsorship agreement with Flamengo Esports, totaling $200,000 USD.
Simplicity Esports (OTCQB:WINR) has signed a $100,000 sponsorship agreement with Terraco Digital for Flamengo Esports. The deal, lasting nine months, includes branding on players’ jerseys and social media promotion. This announcement follows another $100,000 deal to sublicense the Flamengo Esports name for two years to a Free Fire team. Simplicity Esports has also been recognized as the sixth most tweeted about esports team globally for January and February 2021, reflecting its growing influence in the esports arena.
Simplicity Esports and Gaming Company (OTCQB:WINR) has signed a two-year agreement to sublicense its Flamengo Esports brand to a team competing in Free Fire. The deal includes a fixed fee of $100,000 and 20% of all sponsorship and advertising revenue generated. CEO Roman Franklin emphasized the brand's potential for monetization and fan engagement, aiming to extend its reach to additional games and platforms. With a focus on NFTs and a growing esports presence, Simplicity continues to expand its operations.
