Enthusiast Gaming Announces Raise Your Game Initiative

LOS ANGELES, Aug. 24, 2022 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ: EGLX; TSX: EGLX), an integrated gaming entertainment company, announced today today the launch of a new inclusive campaign, Raise your game (“RYG”), which was created to support women in gaming and raise awareness for this often overlooked and very powerful audience segment.

In line with Enthusiast Gaming’s mission to evolve alongside the ever-changing landscapes of gaming, content creation and digital media, the company’s leadership recently made strategic changes that reflect its commitment to diversifying its internal team.

Announcement by Enthusiast Gaming of the Raise your game This initiative demonstrates the company’s efforts to bring people together and promote diversity, acceptance and inclusion in the game.

“The industry has traditionally been male-dominated, but we know that women make up approximately 46% of total gamer audience“, commented Amanda Rubin, Senior Vice President of Global Sales and Partnerships. “It is difficult for these people to feel accepted in the current conception of the gaming community. We are here to bring about a step change for the industry and make a difference in the way underrepresented groups are heard. C That’s why we believe RYG will help dismantle stereotypes and make the game more inclusive.

RYG will hold its inaugural event on August 25e 5:00 p.m. Eastern Time OS NYC, New York’s home for gamers, streamers and content creators. For more information or to reserve a place at the event, visit the Raise Your Game Website.

About Gaming Enthusiasts
Enthusiast Gaming is an integrated gaming entertainment company building the largest media and content platform for gaming and esports fans to connect and engage around the world. Combining elements from its four main pillars: Communities, Content, Creators, and Experiences, Enthusiast Gaming offers a unique opportunity and an integrated approach to reach and connect with coveted GenZ and Millennial audiences. Through its proprietary blend of digital media and entertainment assets, Enthusiast Gaming has built a vast network of like-minded communities to deliver the ultimate fan experience. Visit Game enthusiast for more information.

contacts

Relations with game-loving investors:
Eric Bernofsky, General Manager
[email protected]

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-looking statements

This press release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than statements of historical fact, which address activities, events, results, developments, performance or achievements that Enthusiast Gaming anticipates or expects to occur or will occur in the future (in whole or in part) should be considered forward-looking. information search. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is planned”, “budget”, “expected”, “estimates”, “forecasts”. “, “intends”, “anticipates” or “believes” or variations (including negative variations) of these words and phrases, or statements formed in the future tense or that certain actions, events or results “may “, “could”, “could”, “could” or “will” (or other variations of the foregoing) be taken, occur, be made or occur. The forward-looking statements contained in this press release include, but are not limited to, statements regarding the RYG initiative and the company’s inaugural event.

Forward-looking statements are based on assumptions and analyzes made by the Company in light of its experience and perception of historical trends, current conditions and expected future developments, including, but not limited to, expectations and assumptions regarding: interest and foreign exchange rates; capital efficiency, cost savings and synergies; growth and growth rate; success in the esports and gaming media industry; the Company’s growth plan and the judgment exercised in applying the Company’s accounting policies and in preparing the financial statements in accordance with applicable financial reporting standards. While Enthusiast Gaming considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on forward-looking statements. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; and future legislative, tax and regulatory developments. Readers are cautioned that the foregoing list is not exhaustive. For additional information about the risks, uncertainties and assumptions that could cause anticipated opportunities to differ materially from actual results, please refer to Enthusiast Gaming’s public filings which are available on SEDAR at www.sedar. com. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time it was prepared, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and are therefore subject to change thereafter. Enthusiast Gaming disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

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