Even Matchup Gaming Inc. owns and operates a number of major esports competitions.
The pandemic may have decimated some local businesses – but certainly not Richmond’s gambling industry.
TGS Esports Inc announced last week its intention to acquire esports tournament organizer Even Matchup Gaming Inc (EMG). The company is best known for being responsible for launching the first playing stadium in Canada at No. 3 Rd in 2019.
EMG owns and operates a number of major esports competitions, including Get On My Level, Canada’s largest fighting game tournament. As of 2020, the tournament had over 3,000 competitors competing and over 10 million total minutes watched.
Additionally, EMG has hosted and broadcast over 100 esports events over the past two years. In 2019, EMG earned $300,000 in revenue and engaged with over 18 million viewers.
“EMG is a property synonymous with esports,” said Spiro Khouri, CEO of TGS, in a press release. “I’ve been a huge fan for a long time and I’m thrilled to be working with Joe (Joseph Cribari, CEO of EMG) and his team to help take EMG to the next level.”
TGS Esports Inc, which is listed on the TSX Venture Exchange, owns and operates The game stadium, an esports site based at 4211 No. 3 Rd. Although the gaming stadium is closed due to the pandemic, their online tournaments and events have seen significant growth, according to a recent blog post of the game stadium.