NEW YORK, Oct. 27, 2021 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: ESE Entertainment (TSX.V: ESE) (OTC: ENTEF), Electronic Arts (NASDAQ: EA), Skillz, Inc. (NYSE: SKLZ), and Zynga (NASDAQ: ZNGA).

The global video gaming industry took in an estimated $180bn in 2020 – more than sports and movies worldwide. E-Sports is emerging as a leading form of entertainment, with top tournaments regularly attracting more viewers than professional sports. The E-Sports investment theme is gaining momentum, with FaZe Clan expected to come public through a SPAC merger at a valuation of $1 billion (about 20X revenues) demonstrating investor appetite for the theme. Wall Street Reporter highlights the latest comments from industry thought leaders:

Skillz, Inc. (NYSE: SKLZ) CEO Andrew Paradise: “E-Sports is for Everyone”
“Skillz is a B2B, B2C technology platform that powers more than 2 billion tournaments per year. We enable game developers to monetize through competition. The platform broadly democratizes gaming by leveling the playing field, for access to being able to build esports. We had this belief nine years ago that esports are for everyone, and our goal is to make it as fair and as accessible as possible to all constituents, starting with the game developers. So we enable developers of all sizes to monetize their art while players are engaging in fair, fun and meaningful competition…”

“…We have a strong revenue team in place now, and we continue to add key talent, which I’d say in turn is helping us build out the number of game developers on the platform, faster than ever, as well as their ability to launch successful games…We continue to target a long-term adjusted EBITDA of 30%. And we think we’ll get there through a combination of increasing our take rate which we’ve been able to do over time, and also scaling out our operations for greater efficiencies…”
Skillz, Inc. (NYSE: SKLZ) Analyst Call Highlights: https://bit.ly/3pPGR7k

ESE Entertainment (TSX.V: ESE) (OTC: ENTEF) CEO Konrad Wasiela: ”10X Increase in Revenue Run Rate in 10 Months is Just The Start”
ESE Entertainment (TSX……..

Source: https://finance.yahoo.com/news/ceo-sklz-entef-ea-znga-132900112.html

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