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Posted On: 07/09/2020 9:27:05 AM
Post# of 145202
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Posted By: Lets Roll
$BTHR TAMPA, FL, July 08, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Sports Venues of Florida, Inc., (BTHR) (“Sports Venues of Florida”, “BTHR”, or the “Company”), an emerging leader in the eSports, youth sports, and family sports entertainment markets, along with its wholly-owned subsidiary, Shadow Gaming, Inc. (“Shadow Gaming”), a rapidly growing force in the global eSports space, is pleased to update shareholders as the Company prepares to dramatically expand its Tournament Schedule in calendar Q3 2020 with the launch of its new Open Platform model, where users can establish and manage Shadow Gaming sponsored eSports events, with event organizers working to help boost the revenue stream generated by membership fees, advertising, ambassador program, studios, and the Shadow Gaming proprietary platform.

“We are ready to accelerate our growth curve in terms of visibility, tournament schedule pace, and membership model, simultaneously driving active users and revenues through our new open platform model,” commented John V. Whitman Jr., BTHR Founder and Chairman. “People around the world have been deprived of traditional sports entertainment. Gaming has never been as popular as it is right now. We are seeing a convergence of technology and circumstance that suggests, based on our analysis, that the eSports boom is riding a rising tide that is still in its very early innings, but already represents a billion-dollar industry. Our unique model and increasingly visible brand have created an extremely promising foundation for Shadow Gaming and its positioning in that boom.”

https://www.wsj.com/articles/PR-CO-20200708-903899

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