ST. MARY'S, Antigua, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the "Company"), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the signing of 193 VIE Affiliates at Gamescom 2018, the world’s largest event for computer and video games. These VIE Affiliates represent professional players, streamers and influencers that collectively reach a massive audience of esports participants around the world.

This result represents an increase of 220% over Gamescom 2017 and further signifies esports industry acceptance as the Company ramps up affiliate marketing activities in support of Vie.gg, the world’s first and most transparent esports betting exchange. As a result of the conference, the Company is in discussions with several high profile esports participants and believes further developments will be announced.

TESTIMONIALS FROM HIGH PROFILE ESPORTS AFFILIATES

RaptorDaRaptor – a high profile PUBG player and Twitch partner, stated as follows after becoming a VIE Affiliate, "After meeting Grant and his team at Gamescom, I was very impressed with the ideas and goals they have for their company. This made me, both as an influencer and a professional player, want to work together with Vie.gg. I have reached out to VIE because they showed me a great sense of motivation and passion towards building something bigger, something that I can stand behind personally. I am excited to be building a team under the Vie.gg brand together with Esports Entertainment Group and introducing their brand directly to many thousands of fans. In 2018 alone, PUBG leagues have reached over 10 million total views with the future looking even brighter. I am looking forward to working together with the Vie.gg team as they have been showing me that we share common values and ambitions."

Christian "Noir" Heinrichs, Owner of myRevenge and the first Vie.gg esports team Affiliate, stated as follows, "We are now Affiliate partners with Vie.gg for the duration of one year, since Gamescom 2017, and we have seen the company continue to grow and evolve through the year. I think that soon, Vie.gg will be the biggest betting platform in the esports business. We are looking forward to growing with the company as Affiliates, helping them bring on more new visitors and increasing our revenue as well. At Gamescom 2018, we worked together on-site with the full Vie.gg staff and it was a great honor to see how well we all worked together to bring more people to the brand."

Grant Johnson, CEO of Esports Entertainment Group, stated, “A month prior to the show, we announced the major milestone of signing our 100th esports team Affiliate, a feat not matched by any esports wagering site. Today, we’re announcing an additional 193 Affiliates from Gamescom 2018, which far surpassed our expectations. The overwhelming response from the esports industry has served as further confirmation that our transparent P2P esports wagering platform is exactly what the esports world has been waiting for. We can’t wait to make Vie.gg the industry leader with the help of all our VIE Affiliates in 2018.”

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

Redchip investor relations Esports Entertainment Group Investor Page: http://www.gmblinfo.com

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Esports Entertainment offers bet exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua, Curacao and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL. For more information visit www.esportsentertainmentgroup.com FORWARD-LOOKING STATEMENTSThe information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

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U.S. Investor Relations RedChip Dave Gentry407-491-4498 Info@redchip.com