Super League Enterprise, Inc. - SLGG STOCK NEWS

Super League Gaming (Nasdaq: SLGG) reached 63 million monthly active users in Roblox in October, representing 30% of all Roblox users, following the acquisition of Bloxbiz. This growth aligns with 85 million visits to its games, enhancing brand engagement opportunities. Additionally, advertising units served via Bloxbiz recorded over 142 years of exposure time. The company also reports an 85% year-over-year increase in its Minehut platform's MAUs. CEO Ann Hand emphasizes the company's focus on empowering creators in the evolving metaverse.

Super League Gaming has partnered with The Leukemia & Lymphoma Society to host an interactive build competition on Minehut throughout November. The event aims to engage young Minecraft players to create their dream worlds while learning about real-life cancer heroes. The competition seeks to raise awareness and funds for blood cancer research, which has been notably affected by the COVID-19 pandemic. Participants who raise $250 will receive a special Gamer Kit, with fundraising continuing until year-end.

Super League Gaming (Nasdaq: SLGG) has announced a partnership with ClixTV, a new e-commerce and entertainment platform, to stream its top esports content. This collaboration will showcase original series from Super League's library across various digital channels. Currently, their content includes popular games such as Minecraft, Apex Legends, Valorant, and GTA5. The association is expected to enhance Super League's visibility and cater to the growing demand for gaming entertainment, with over 6.8 billion views achieved through July 2021.

Super League Gaming (Nasdaq: SLGG) announced a conference call for November 15, 2021, at 5:00 p.m. Eastern time to discuss Q3 2021 results and provide a business update. The call will review the performance for the third quarter ended September 30, 2021, summarizing key results and business highlights. Interested parties can join by dialing in and will have access to a live broadcast and a subsequent replay through November 22, 2021. This call follows the company's mission to engage video gamers globally through innovative platforms and esports properties.

Super League Gaming (Nasdaq: SLGG) has acquired Bloxbiz, the first independent in-game advertising platform for Roblox, to enhance advertiser reach among young gamers. Bloxbiz, which reaches over 25 million monthly active users, allows brands to seamlessly advertise in popular Roblox games. The acquisition, which includes cash and equity, aims to unify the companies' efforts, accelerating growth in the metaverse. CEO Ann Hand stated this deal is game-changing, expanding their market position and improving monetization for game creators.

Super League Gaming (Nasdaq: SLGG) and Production Resource Group (PRG) have entered a strategic partnership to enhance event support for the esports community. This collaboration leverages PRG’s global resources, enabling Super League to activate events at scale and improve fan engagement. Key features include 360° production services from PRG to complement Super League’s experience in running tournaments and broadcasting. The partnership aims to transform the esports fan experience through innovative technology and comprehensive service offerings.

Super League Gaming (Nasdaq: SLGG) announced participation in two virtual financial conferences in September 2021. The 10th Annual Gateway Conference is scheduled for September 9, 2021, at 1:00 PM ET. Additionally, they will be at the H.C. Wainwright 23rd Annual Global Investment Conference on September 14, 2021.

Super League Gaming (SLGG) reported a record $1.1 million in Q2 2021 revenues, a significant 235% increase from Q2 2020. Advertising and sponsorship revenues surged by 890%, constituting 45% of total revenues. The acquisition of Mobcrush is expected to drive future growth, with synergies already emerging. The company maintains a strong balance sheet with $31.5 million in cash and no debt. However, net losses decreased from $4.6 million to $2.3 million year-over-year, reflecting improved performance. Gross margin was 51%, down from 64% in the previous year.

Super League Gaming (Nasdaq: SLGG) has launched its Young Gamer Network and Core Gamer Network to enhance audience engagement for its advertisers. Alongside this, the company has acquired Bannerfy, an innovative tech platform that connects creators with sponsors for video placements. Recent partnerships targeting young gamers include brands like Moose Toys and Hyundai. The Bannerfy acquisition aims to bolster creator monetization and expand Super League's advertising reach, especially into European markets. This move aligns with the company’s strategy to enhance its digital ecosystem.