Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast” or the “Company”), the largest publicly traded video game media and esports company in North America, is excited to announce that its network has grown to 150 million visitors and 710 million page views on a monthly basis.
Through an aggressive acquisition strategy, Enthusiast has been able to scale and grow its business quickly, in an attempt to gain significant market share within the booming gaming industry. In addition to acquisitions and strategic partnerships, Enthusiast Gaming has seen consistent monthly organic growth across the network, with more visitors engaging in content-rich gaming properties. Enthusiast believes its ability to harness expansion opportunities further validates the rapid growth of the gaming and esports industry, and its ability to execute further growth strategies. Enthusiast’s platform includes gaming related websites, and gaming YouTube channels and is the fastest growing gaming network in North America.
The increase in monthly visitors across the network has doubled since going public in October 2018, and has grown from 2 million monthly visitors since 2015. Enthusiast has seen consistent monthly organic growth across its network, with more visitors engaging with the content-rich gaming properties.
Menashe Kestenbaum, CEO of Enthusiast commented, “Our consistent growth further validates our business model, as we continue to outperform visitor growth across our network month over month. Our team continues to execute in providing innovative, rich content which continues to attract dedicated gaming communities, thus allowing us to deepen our reach both vertically and horizontally across a number of sub-sectors within the gaming industry.”
He continued, “In a relatively short period of time, we have managed to amass a network of over 150 million monthly visitors, up from only 2 million in 2015, and now major brands are taking notice. In addition to our core revenue generating verticals of content, advertising, and events, the sheer size of our network has provided a number of different revenue opportunities that we believe will add sustainable, long-term value to our network moving forward. I believe this strategy will enable us to continue our expansion efforts and help us achieve our goal of owning the largest market share within the gaming and esport industry.”
The increase validates the rapid growth of the gaming industry as a whole, and further positions Enthusiast as a leader in the space. The significant growth and size of Enthusiast’s network has provided the Company with a number of different revenue streams, including direct sales, revenue sharing and subscription models that diversifies the business and supports the continued future growth. For more information about Enthusiast Gaming, visit www.enthusiastgaming.com.
About Enthusiast Gaming: Founded in 2014, Enthusiast Gaming is the largest vertically integrated video game company and has the fastest-growing online community of video gamers. Through the Company’s unique acquisition strategy, it has a platform of over 80 owned and affiliated websites and currently reaches over 75 million monthly visitors with its unique and curated content and over 50 million YouTube visitors. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
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