Simplicity Esports and Gaming Co (WINR)

[namah sivaya]

yes. good move. i think it will reduce not only fixed costs, since the landlords are willing to trade rent for a piece of the center's revs, but i would think this also reduces the capex WINR requires for their planned expansions since the landlord are now building things out for WINR.


"The proposals include tenant improvement allowances to offset the buildout cost of each center. The lease proposals do not require a specified fixed rent, but instead rent is calculated as a percentage of gross sales, a signal of the landlords’ belief in the appeal of Simplicity Esports’ gaming center business model, and growth potential."