Point Roberts, WA and Delta, BC - April 14, 2021 (Investorideas.com Newswire) Investorideas.com, a global investor news source releases today's edition of the Betting on Gaming Stocks Podcast , featuring gaming, casino and e-sports stock news from TSX, TSXV, CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO's and leading experts.
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In today's episode of Investorideas "Betting on Gaming Stocks" Podcast we look at a few public and private company announcements.
In today's episode of Investorideas "Betting on Gaming Stocks" Podcast we look at a few public and private company announcements.
ESE Entertainment Inc. (TSXV: ESE) (OTCQB: ENTEF) announced that it has closed the previously-announced acquisition of 51% of the business of World Phoning Group Inc., Encore Telecom Inc., and their two European operating subsidiaries, WPG Racing Solutions and Foresight Resolutions (collectively, "WPG"), effective April 12, 2021.
Under the terms of the Agreement, all of the assets of WPG were rolled into a newly incorporated Canadian company, World Performance Group Ltd., and, pursuant to a share purchase agreement dated February 16, 2021, ESE acquired 51% of the issued and outstanding shares of the Corporation. The Corporation will carry on the business of WPG following the closing of the Transaction, which will allow ESE to further develop its robust esports and entertainment infrastructure business.
WPG's principal, Wayne Silver, has agreed to serve as the Corporation's CEO to continue to operate WPG's business and ensure smooth integration of WPG's infrastructure into ESE's existing operations. Mr. Silver has also been appointed to ESE's advisory board.
WPG is an enhanced solutions provider operating an infrastructure business for management of fan engagement for OTT & esports. WPG works with its customers to build new and improved B2C & B2B processes that align with the customer's brand, boost retention, enhance fan interaction, improve ROI, and increase sales and profit margins. WPG provides bespoke, omni-channel solutions that encompass the traditional esports channels (voice, chat, email) and embrace new contact channels (Discord, Reddit, etc.) and social media used by millennials and many of today's younger fans. WPG also offers robust out-sourced network services, including B2B and B2C services, and operates a global telecom network through Encore Telecom Inc.
Wayne Silver, CEO of WPG, commented, "Since December 2020, our team has embraced becoming part of the ESE Family, and we're now pleased to say it's official. 2021 is off to a tremendous start for WPG. Since January 2021, we have hired over 45 new agents and a senior Operations Manager. This will be key to helping scale our sales efforts. In addition, we have our sights set to expand our geographic offering into the Middle East. With the added support from ESE's team, we aim to continue to grow both organically and through acquisitions."
"Our company vision has been clear from the onset - acquire accretive and synergistic companies alongside organic growth to become the largest global esports company. This is now the second completed acquisition for ESE and we anticipate many more to come. From the moment we signed the WPG LOI in December 2020, we began integrating our two great teams. Wayne and the team at WPG are ready to accelerate operations and surpass our already ambitious expansion plan," said Konrad Wasiela, CEO of ESE.
The XDB Foundation, one of the leading contributors to the DigitalBits blockchain, announced the addition of Litemint, a technology company connecting crypto enthusiasts, collectors and gamers to unique experiences, to the DigitalBits ecosystem. Litemint is among the initial organizations supporting the addition of NFT functionality to the DigitalBits blockchain.
Litemint, a platform built on Stellar since its inception, recently unveiled its NFT and Collectibles marketplace. Litemint introduces on-chain collectibles and NFTs to the online gaming experience, affording players the benefits of blockchain technology such as true asset ownership and seamless transfer and tradeability that are lacking within today's leading online gaming environments. The integration of the DigitalBits network, which began in 2017 as a fork of Stellar, activates numerous potential synergies.
"With its unique closeness to the mainstream, gaming industry and core compatibility with the Stellar technology, DigitalBits is a perfect match for our NFT and collectibles platform," stated Frederic Rezeau, founder and CEO of Litemint. "I am confident that together, provided our ability to execute on the open-source Stellar technology, we can leverage exceptional business opportunities with a seamless integration of DigitalBits and their consumer-oriented market."
Certain other organizations are also looking to integrate the DigitalBits blockchain to support their respective NFT initiatives. The network's ability to support high transaction throughput at scale provides a significant advantage over Ethereum, the current market leader for the creation of NFTs, where network congestion has led to long wait times and exorbitant gas fees. NFTs have long been tied to esports and gaming, however they have yet to become mainstream given such friction. The integration of the DigitalBits network with platforms such as Litemint will help to streamline the issuance, transfer and trade of NFTs, while also supporting lower fees, enabling NFTs to become more widely adopted.
"I'm very excited to see the upcoming integration of the DigitalBits Network into Litemint's NFT and collectibles marketplace," said Michael Gord, Managing Director of the XDB Foundation. "NFTs have the ability to add an entirely new layer to the user experience, allowing for unique activations that can be implemented across numerous different industries. I look forward to seeing the ongoing innovation that continues to emerge from this new asset class as more and more people begin to use NFTs."
Intema Solutions Inc. (TSXV: ITM) (OTC: ITMZF) announced that it has entered into a letter of intent on April 13, 2021 to acquire all of the issued and outstanding securities of Advertiise Technologies Inc., a private corporation among the first mover in peer-to-peer advertising marketplace development and is evolving the advertising industry via blockchain and AI technologies.
Advertiise® is a global online advertising marketplace that connects media buyers and media suppliers across all advertising channels without the need for an intermediary. It allows media sellers to list, price and promote real-time inventory of media assets, including asset attributes (traffic/views/etc.). Media buyers benefit from the ability to access a real-time inventory of media assets tailored to their advertising needs and transact through the platform. Advertiise was a first mover in peer-to-peer advertising marketplace development and is evolving the advertising industry by providing a trustworthy, intuitive desktop/mobile experience, supported by SaaS infrastructure and blockchain and AI technologies. Originally launched in Canada in 2017, Advertiise now operates in multiple international markets, and continues to expand globally with a focus on its marketplace: www.advertiise.com
For the year ended March 31, 2020 Advertiise's predecessor entity non-audited financial statements reported total revenues of US$110,000 and net profits of US$46,000, and as of March 31, 2021, Advertiise had total assets of US$263,000, and total liabilities of US$380,000.
"Launched in February 2017, Advertiise, one of the Top10 Canadian Startups (2017) now has over 25,000 users in over 40 countries worldwide. They have been ranked #1 in Google SEO for 3 years in a row and were selected as a finalist (2016) in StartUp Canada. With over 135 million daily advertising impressions and growing, we strongly believe that this acquisition is fulfilling our commitment of creating an unparalleled digital experience. We are constantly evolving, growing and looking to expand our portfolio of interconnected tech platforms. With Advertiise and their exceptional team joining the Intema family, we are creating an ecosystem that will allow us to attract, engage and retain advertisers, affiliates, publishers, players and casual gamers," said Laurent Benezra, President and CEO of Intema.
"We are excited to join the Intema team and their portfolio of companies. This partnership aligns with our strategic vision in working alongside strong digital media assets. Market conditions changed dramatically and suddenly in 2020. Nevertheless and against the pandemic headwind, Advertiise still managed to double its revenues and acquire strategic assets. We strongly intend to keep pushing and continue scaling revenues and customer acquisition in 2021 with a dedicated focus on digital media assets within the Esports media category," said Mark Vella, CEO of Advertiise Technologies Inc.
Ncam announced the immediate availability of Ncam Reality 2021, the most advanced real-time tracking technology ever created for film, broadcast and live events. With Ncam Reality's fast path to virtual graphics, users can now track on any camera, lens or rig, regardless of environment, opening up a wealth of visual possibilities for brands who want to build CGI into their productions.
"COVID-19 forced all of us to rethink how content gets created, from safety requirements to the logistics of working from home," said Nic Hatch, CEO of Ncam. "The beauty of virtual graphics is their flexibility. With the right tracking equipment, you can visualize live XR, real-time CGI, set extensions and more directly in-camera, onsite or remotely, giving productions a way to stay on track during trying times."
The new Ncam Reality solution provides everything needed for real-time camera tracking, including a Mk2 Camera Bar, Mk2 Server and Ncam Reality 2021 software. Built on modified Intel® RealSense™ hardware, the Mk2 Camera Bar offers advanced tracking indoors and out, using a lightweight design that fits on any camera. Unlike other systems, Ncam Reality's hybrid sensors can handle every tracking technique, from natural features and fiducial objects to reflective markers, bringing more flexibility and control to the production.
With a seamless integration with Unreal Engine and native support for LED walls, Ncam Reality provides an essential ingredient for virtual production, allowing VFX teams to explore virtual locations, character designs and shot options with the director and cinematographer much earlier in the process. By creating a 3D point cloud of the surrounding environment, the software can automatically determine the optimum tracking algorithm for any point in time, leading to greater accuracy and the same level of results seen on Game of Thrones and The Midnight Sky.
A staple of CNBC and Sky Sports, Ncam Reality can be incorporated into a live or pre-taped production in a matter of minutes. Ncam Reality opens up the world of smart stages and XR to broadcasters in the smallest package possible. At 288 grams, the Mk2 Camera Bar can travel easily from studio to outdoor event, giving studios more leeway as they craft their productions. Remote access has also been added, allowing teams to control everything via a phone, tablet or PC, so they can do more from afar.
Thanks to a new GUI and simplified controls, Ncam Reality's software is even more approachable for live and specialty productions. As AR/MR continues to expand into marketing, enterprise and esports, camera tracking is becoming more important for companies that need a natural blend between real and synthetic. With all the data processed locally, teams no longer have to grapple with a complicated setup to create compelling graphics. They can just attach Mk2, link up and go.
Ncam Reality 2021 is shipping now. For all upgrade paths, contact Ncam at: firstname.lastname@example.org.
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