Enthusiast Gaming Live Expo “EGLX”, Canada’s Largest Video Gaming Expo, Takes Place This Weekend

WESG; Fortnite; Naomi Kyle; Mitch Marner, NHL; Michael Bisping, UFC; Roy Hibbert, NBA; Toronto Overwatch League on Main Stage


TORONTO, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (TSXV:EGLX) (“Enthusiast” or the “Company”), is pleased to announce that the Enthusiast Gaming Live Expo (“EGLX”) Canada’s largest video gaming expo, will be taking place from Friday, October 26, to Sunday, October 28 at the Metro Toronto Convention Centre.

EGLX, with over 25,000 attendees at its last expo in March 2018, will be the main stage for the World Electronic Sports Games (“WESG”), operated by WorldGaming Network in partnership with Alisports (a division of Alibaba), worldwide Olympic-style Esports competition. Canadian finalists will have the opportunity to compete for $150,000 and represent Canada at the WESG Global Grand Finals in Shanghai in March 2019. The weekend will also include some of the largest Esports competitions in Canada and guests will be able to play Fortnite throughout the weekend in the Free Play Area to win various prizes. EGLX will also exhibit a Nintendo booth with an exclusive opportunity to play Nintendo’s newest game, Super Smash Bros. Ultimate, before its release and Pokemon Let’s Go, playable in Canada for the first time.

EGLX guests will have an opportunity to meet and play with celebrities and gaming enthusiasts like Mitch Marner of the Toronto Maple Leafs, who will be playing Fortnite on the Bell Main Stage on Sunday October 28th. PlayLine.com founders, Michael Bisping, UFC Champion, and Roy Hibbert, 2x NBA Allstar will be meeting fans for autograph signings and to challenge them at their favourite Esports games.  The Toronto Overwatch team will be revealing key player signings and branding of the new Esports team on the main stage on Saturday, October 27th.  Special guests also include, Greg Miller and Nick Scarpino of Kinda Funny, Naomi Kyle of Everybody Games, and the Heads-Up Daily team.

Menashe Kestenbaum, CEO of Enthusiast commented, “We created EGLX to provide a platform and foster an environment where all gamers, families and friends can come together and celebrate some of their favourite aspects of gaming.” He continued, “from one of the first EGLX meet-ups in 2015 with only 1,700 attendees, to 25,000 attendees in March 2018, EGLX has experienced significant growth and support. We’re looking forward to welcoming our largest crowd of attendees and exhibitors yet.”

EGLX is taking place on Friday, October 26 from 11:00am-8:00pm, Saturday, October 27 from 10:00am-8:00pm, and Sunday, October 28 from 10:00am-6:00pm. To purchase tickets and for additional event information, please visit EGLX.ca.

About Enthusiast

Founded in 2014, Enthusiast is the fastest-growing online community of video gamers. Through the Company’s unique acquisition strategy, it has a platform of over 70 owned and affiliated websites and currently reaches over 75 million monthly visitors with its unique and curated content. Enthusiast also owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX. The next expo will take place October 26-28, 2018 at the Metro Toronto Convention Centre (www.eglx.ca). For more information on the Company, visit www.enthusiastgaming.com.

CONTACT:
Julia Becker
Head, Investor Relations & Marketing
(604) 785-0850
jbecker@enthusiastgaming.com

Media Contact
Enthusiastgaming@n6a.com

Forward-Looking Statements

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that Enthusiast anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, comments with respect to strategies, expectations, planned operations and future actions of the Company, including but not limited to the Company obtaining regulatory approval to commence trading. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking statements in this news release include but are not limited to: Looking to the back half of 2018, we remain well positioned to further penetrate new and existing markets with our unique neuromonitoring platform. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Enthusiast to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to Enthusiast, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement.

Investors are cautioned that, except as disclosed in the Filing Statement any information released or received with respect to the reverse take-over may not be accurate or complete and should not be relied upon. Trading in the securities of the Corporation should be considered highly speculative.