Simplicity Esports and Gaming Co (WINR)

[namah sivaya]

WINR updates gaming centers....

Simplicity Esports and Gaming Company Gives Update on Status of Gaming Centers
Press Release |
In 2019, Fullerton and Vancouver combined with the other previously announced acquisitions generated over $3 million in revenue.

Boca Raton, Florida, April 23, 2021 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”), announced that it has opened the recently acquired gaming centers in Fullerton, CA and Vancouver, WA. Simplicity Esports now owns a total of 15 gaming centers, of which 14 are open and operational. The Redmond, WA gaming center is expected to reopen next week. As of April 22nd, six locations are operating at 100% capacity, one at 75% capacity, 7 at 50% capacity, and one at 25% capacity. 11 of 18 franchise gaming center locations have reopened and are operating at various capacities.

Roman Franklin, CEO of Simplicity Esports, stated, “We recently announced a record quarter for revenue for the period ended February 28, 2021. Six of our corporate owned gaming centers were not open the full quarter, and the rest were operating at some limited capacity. We plan to continue with strategic gaming center acquisitions, as well as construction of new locations, throughout 2021. Assuming no new material COVID-19 restrictions, I believe corporate-owned gaming center profitability is achievable in the near term, as all of our corporate locations have percentage rent lease agreements with the respective landlords.”

Simplicity Esports intends to list its common stock and warrants on The NASDAQ Capital Market or the NYSE American. There is no guarantee that the listing application will be approved by The Nasdaq Capital Market or the NYSE American.


https://www.otcmarkets.com/stock/WINR/news/Simplicity-Esports-and-Gaming-Company-Gives-Update-on-Status-of-Gaming-Centers?id=299637