$ESE - New ESports Competition $ESE announces new ESports competition with Riot Games. This comes right after the new acquisition of GameAddik, a gaming tech company with $24m in revenue. The competition is set to start next Monday and should be using a lot of the new tech innovations brought on by GameAddik. CEO Konrad Wasiela (who has major stakes in the company) keeps stressing how good the deal is for shareholders, specifically because of no dilution.
Last quarter run rate was $17m not including acquisitions of Frenzy and Digital Motorsports, market share continues to grow and the VALORANT tournament has seemed to be a success. This new competition should be more of the same. The opportunity to enter iGaming also presents itself now after recent acquisition. Multiple options for an already growing esports company $ESE.V