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Pin to quick picksGfinity Regulatory News (GFIN)

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Gfinity partners with YaLLa Esports

21 Apr 2020 07:00

RNS Number : 3149K
Gfinity PLC
21 April 2020
 

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 

21 April 2020

Gfinity plc

("Gfinity" or the "Company")

 

Gfinity partners with YaLLa Esports to grow reach of RealGaming101 in MENA

Gfinity plc (AIM: GFIN), a leading esports and gaming solutions provider, has partnered with YaLLa Esports, one of the leading MENA esports teams, to expand its RealGaming101 offering into the Middle East-North Africa (MENA) region. The partnership will see YaLLa and Gfinity work together to create content and commercial opportunities that will benefit both parties.

This partnership will see Gfinity launch its new MENA focussed website, RealGaming101.me. The website will be launched to the public later this month and will target the 93m* engaged gamers in the region. It will be 100% Arabic and managed by a team of skilled journalists and writers based in the region.

On 16 March 2020, Gfinity announced that following a strategic review it would focus its business on three core areas, one of which was building its own Community. RealGaming101.me will join the growing stable of Gfinity websites including Gfinityesports.com, Realsport101.com and the recently launched StealthOptional.com. RealGaming101.me will host similar content to RealSport101.com, which has helped to grow page views from two million in April 2019 to more than 10 million in March 2020.

Through leveraging Gfinity's partnership with Bidstack and Venatus, the website will also connect local publishers and large-scale brands with gamers and esports enthusiasts. The commercial solutions that will be offered include programmatic advertising, bespoke video and audio-based promotions and brand site takeovers, which will significantly increase the opportunity for additional revenues to be generated.

John Clarke, CEO, Gfinity, said: "Growing our own community franchise is a strategic priority for Gfinity and this exciting new partnership with YaLLa represents a significant opportunity to expand our reach and tap into the passion that gamers in the Middle East have for all things related to esports. It is a market that is grossly underserved with high quality and entertaining local language content. Not anymore. We look forward to learning alongside the YaLLa team, expanding the esports fan base and creating a new and robust revenue stream for both parties."

Klaus Kajetski, founder and CEO, YaLLa Esports, said: "We are looking forward to partnering with Gfinity on various projects supporting the regional Arab esports ecosystem, a long-term goal and vision for us at YaLLa Esports since foundation.

"I believe through combining our expertise with Gfinity, we are strongly positioned to grow the regional esports scene - and bring gaming to more people in the Middle East."

ENDS

Notes to Editors

* Global Web Index

 

Contact:

Gfinity plc

John Clarke, CEO

www.gfinityplc.com

Via Teneo

Investor relations

ir@gfinity.net

 

 

 

 

Teneo (Media)

Tel: +44 7464 982426

Camilla Cunningham

Gfinity@teneo.com

 

 

 

 

Allenby Capital Limited (Nominated Adviser and Broker)

Tel: +44 (0)20 3328 5656

Jeremy Porter / Nicholas Chambers

 

 

About Gfinity

Gfinity is a world leading esports business. Created by gamers for the world's 2.2 billion gamers, Gfinity has a unique understanding of this fast-growing global community. It uses this expertise to provide both advisory services and to design, develop and deliver unparalleled experiences and winning strategies for game publishers, sports rights holders, commercial partners and media companies.

Gfinity connects its partners with the esports community in authentic and innovative ways. This consists of on and off-line competitions and industry leading content production. Relationships include EA SPORTS, Activision Blizzard, F1 Esports Series and the Forza Racing Championship.

Gfinity connects directly with competitive gaming consumers through its growing community of gamers and its owned competition platform, the "Gfinity Elite Series".

All Gfinity services are underpinned by the Company's proprietary technology platform delivering a level playing field for all competitors and supporting scalable multi-format leagues, ladders and knock out competitions.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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