TORONTO, Oct. 05, 2018 (GLOBE NEWSWIRE) — Peeks Social Ltd. (TSXV: PEEK; OTCQB: PKSLF) (“Peeks Social” or “the Company”) would like to congratulate Enthusiast Gaming (“Enthusiast”) on the commencement of the trading of their shares on the TSX Venture Exchange.
Enthusiast owns and operates an online network of 70 websites devoted to video gaming and video gaming related content with over 75M visitors every month. This remarkable accomplishment is up from one website and 20,000 visitors in 2011. Enthusiast also owns and operates Canada’s largest video game expo, EGLX which will be held on October 26-28, 2018 at the Metro Toronto Convention Centre. EGLX expected attendance is 25,000 with key corporate sponsors including: Bell, Microsoft, Nintendo.
Some E-sports and Gaming highlights:
– 2017 E-sports reported revenues of US$ 650M growing to US$ 1,650M in 2021
– E-sports competitions have seen 21% Compound Annual Growth Rate (CAGR) in viewers in past 3 years
– 37.3% CAGR in prize money over past 3 years
– 127M streamers watched 2018 Mid Season Invitational for the League of Legends platform vs. 111M viewers for Superbowl LII
Peeks Social was an early stage investor in the Enthusiast platform when Enthusiast was still a private company.
Information on Enthusiast Gaming and EGLX:
www.enthusiastgaming.com
www.eglx.ca
About Peek Social:
Peeks Social is a live-streaming social network which enables social and commercial interactions, Peer-to-Peer payments, and other social commerce capabilities. Peeks Social is the world’s first social network which bridges the gap between traditional social media and professionally produced content via live or pre-recorded broadcasts. Peeks Social enables content creators to immediately monetize their content through patented and proprietary payment technologies.
The Peeks Social App can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.social
For further information, please contact:
Peeks Social Ltd.
Mark Itwaru
Chairman & Chief Executive Officer
416-639-5335
mark@peeks.com
David Vinokurov
Director Investor Relations
416-716-9281
davidv@peeks.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
Source: Peeks Social Ltd.
