- Online gaming tournament and matchmaking company Esports Mogul (ESH) has entered a strategic partnership League Gaming to use its AI-powered steaming technology
- League Gaming is a NASDAQ-listed video gaming and esports entertainment company which has a patented “camera character” game view technology
- The two companies also intend to partner on revenue-generating opportunities and have begun joint business development activities in several regions
- Shares are in a trading halt pending a further announcement but last traded for 1.9 cents
Esports Mogul (ESH) has entered a strategic partnership League Gaming to use its AI-powered steaming technology.
League Gaming is a NASDAQ-listed video gaming and esports entertainment company which has a patented “camera character” game view technology.
Esports Mogul owns a tournament and matchmaking platform and generates revenue by partnering with brands and creating sponsorship experiences for players.
The two companies will combine their technology to create revenue-generating opportunities.
Esports Mogul CEO Michael Rubinelli described the partnership as a perfect fit.
“Esports is a fast-growing gateway between brands and everyday gamers. We want to scale a best-in-class and industry-leading proposition for brands and rights holders and Super League Gaming brings highly complementary technology to our ambitions,” Michael stated.
Super League Gaming Chair, President and CEO Ann Hand said the company is looking forward to seeing where the partnership leads.
“We strongly believe in making competitive video gaming and esports great entertainment for everyday players around the world. Mogul shares our vision and their world-class tournament platform is a great hub for players and brands,” Ann commented.
“Their reach into Asia and LATAM is also attractive to us so we’re excited to see where this partnership will go,” he continued.
The companies have begun joint business development activities in several regions.
Shares are in a trading halt pending a further announcement but last traded for 1.9 cents early in today’s session.