Digital Entertainment Winners: CEO of Rush Street

NEW YORK, Sept. 21, 2021 (GLOBE NEWSWIRE) – Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and ideas from executives at: Electronic Arts, Inc. (NASDAQ: EA), ESE Entertainment (TSX.V: ESE) (OTC: ENTEF), Rush Street Interactive (NYSE: RSI) and FansUnite (OTC: FUNFF) (CSE: FANS).

Konrad Wasiela, CEO of ESE Entertainment (TSX.V: ESE) (OTC: ENTEF): “10-fold increase in revenue execution rate in 10 months is just the start”

ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela, a featured presenter on Wall Street Reporter’s NEXT SUPER STOCK investor live stream, said revenue increased to more than $ 20 million, a 10-fold increase in 10 months. Konrad says this is just the start as his goal is to grow ESE into a billion dollar global esports company. Wasiela said “ESE now has a growing esports mergers and acquisitions pipeline with annual sales of over $ 100 million” and is expected to close a significant number of these deals. potential in the coming months. ENTEF has just completed the acquisition of esports company Auto Simulation Limited T / A Digital Motorsports, an Irish provider of advanced sim racing infrastructure, technology and support. Simulation racing is one of the hottest growth categories in the global multi-billion dollar esports market.

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In his interview with Wall Street Reporter, ESE CEO Konrad Wasiela said the company is now poised to evolve – expanding its global footprint, with new partnerships with global brands such as Porsche and Kia, generating a revenue growth with a focus on sales and margin. expansion and opportunities for mergers and acquisitions. ESE is now growing rapidly, with multiple revenue streams including esports infrastructure software powering global tournaments, exclusive digital media distribution, broadcast rights, and ownership of league and league teams. world class, including its global E-Sports K1CK franchise.

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Andrew Wilson, CEO of Electronic Arts, Inc. (NASDAQ: EA): “Key Growth Drivers: Building on Leadership in Sport; Growth of successful franchises; Extend online and mobile services ”

“…. Even as the world took steps to reopen, we deepened the engagement and connections for players in and around our games. And we see this trend continuing into the future. Our talented teams deliver experiences that hundreds of millions of gamers want to play, and our new launches, cutting edge games and life services have all performed very well during the quarter. Executing our long-term strategy continues to drive the growth of our business. Revenue, net bookings and EPS were all above our guidance for the first quarter. We are now increasing our net sales, net bookings and full year EPS guidance, and we are also forecasting our second strongest quarter of all time. “

“… Our long-term strategy is focused on 4 key opportunities: the continued creation of quality games and content with a focus on mobile, tools for the community to strengthen its engagement with our content, ‘aggregation and distribution of content and services. to more platforms, business models and geographies, and harnessing the power of social ecosystems in and around our games. As part of this, in fiscal year ’22 we continue to tackle 3 key growth drivers: strengthening our leadership in sport; develop our successful franchises; and the expansion of on-line services across our portfolio, including mobile services … “

“… At the root of these growth engines is the fact that games, and in particular our portfolio experiences at Electronic Arts, are creating social connections for more and more people around the world. Over 0.5 billion gamers come together through the social networks formed in and around our games, and we’re seeing that continue to grow. With some of the most talented teams in the industry, a vast pipeline of innovative experience in established and new intellectual property, new content partnerships, and more ways to connect and play, we are positioning our business for growth. and continued leadership this year and beyond. . “

Electronic Arts, Inc. (NASDAQ: EA) Profit Highlights:

FansUnite (OTC: FUNFF) (CSE: FANS) “Positioned for exponential revenue growth in iGaming, esports and online sports betting”

In his latest presentation to Wall Street Reporter’s NEXT SUPER STOCK livestream, FansUnite (OTC: FUNFF) (CSE: FANS) CEO Scott Burton shared the latest progress and milestones for the global i-gaming company in i-gaming. multi-billion dollar and sports betting market. FUNFF was recently granted a UK gaming license, allowing the company to serve as a business-to-business technology provider and business-to-business operator in the UK’s over $ 20 billion online gambling market, which is one of the largest online betting markets in the world. FUNFF is also well positioned to play a fundamental role in Canadian sports betting as this market opens up.

Watch FansUnite (OTC: FUNFF) (CSE: FANS) NEXT SUPER STOCK video:

FUNFF has developed a unique sports and esports focused online gaming platform for the next generation of online bettors and casino players. The platform includes products for pre-match betting, in-game betting, daily fantasy, content and a certified RNG to produce casino-style games of chance. Scott Burton explained that RNG games are expected to be a major source of revenue, thanks to a distribution deal with a major online casino game aggregator that can license the games to thousands of online casinos, paving the way for opportunities for exponential revenue growth.

FUNFF recently appointed i-Gaming industry veteran Mike Lee as vice president of games to lead the development and growth of FUNFF casino operations, launch new i-Gaming products and expand global distribution. Mike Lee was the CEO of Genesis Gaming, a leading games supplier, where he oversaw the company’s global business operations, leading the development of Genesis Gaming’s game delivery platform, and overseeing a broad portfolio of over 100 game titles. Burton also indicated that FUNFF, with a recently closed C $ 24.7 fundraiser, is well positioned to take advantage of potential M&A opportunities in the online gaming industry over the coming months.

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Rush Street Interactive (NYSE: RSI) Richard Schwartz, CEO: “Building momentum for sports betting and online casino games”

“… Revenue was $ 122.8 million in the quarter, which is an 89% year-over-year increase. Not only did we increase casino revenues sequentially over the period, but also sports betting revenues despite a lighter sporting schedule. With this continued success and growth of our business, we are raising our expectations once again. We now expect our forecast for the year 2021 to be between $ 455 million and $ 495 million, implying a 72% year-over-year revenue growth midway through. “

“We have continued to make significant progress in our market access initiative … We have been selected by the Connecticut Lottery to be a sports betting partner, making RSI one of only three sports betting operators that will be licensed to operate in the state. .New York recently accepted offers … We have officially submitted our offer as part of the process. We are excited about the opportunity to offer our online sports betting in New York State … We have no shortage of short term opportunities and scheduled launches in the State over the next two quarters. And our business development team is working hard to continue the strong momentum to build partnerships in many new jurisdictions. “

“We also continue to be very encouraged by the legislative momentum for online sports betting and the addition of online casinos in many states that have already approved sports betting. It has become very clear that we are looking at the numbers from New Jersey, Pennsylvania, and Michigan indicating that the online casino is a greater generator of cash income, and many state lawmakers recognize this opportunity.

Highlights of Rush Street Interactive (NYSE: RSI) earnings:


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