Simplicity Esports and Gaming recently announced the organization’s esports centers experienced record growth in both March and April. Simplicity Esports currently owns 15 gaming centers.
“We recently announced a record quarter for revenue for the period ended February 28, 2021. That trend has continued into March and April. We plan to continue with strategic gaming center acquisitions, as well as construction of new locations, throughout 2021,” said Simplicity CEO Roman Franklin. “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 and Gaming did say it intends to list common stock on the NASDAQ Capital Market or the NYSE American. However, there is no guarantee there listing will be approved for either market.
Simplicity Esports is a well-known brand in the gaming industry. Some of the titles they support include Apex Legends, PUBG Mobile, Overwatch, League of Legends, and several EA Sports games.
(All information was provided by Globe Newswire and Yahoo! Finance)
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