Victory Square Technologies Portfolio Company V2 Games Acquires Techstars 2019 Alumni Company “GameOn”

Nachrichtenquelle: globenewswire
18.09.2020, 09:01  |  184   |   |   

GameOn makes it easier, faster and safer to get in the game through free play prediction games for the everyday fan, with real cash prizes.

  • Alumni of one of the world’s leading accelerators, Techstars, as well as the Comcast NBCUniversal LIFT Labs program.
  • Distribution partnership with Comcast, delivering live prediction to bars and homes nationwide.
  • White-label partnership with NBCUniversal, building partner-branded prediction games for reality TV programming.
  • Winner of The Players' Impact NBA All-Star Pitch Contest.

VANCOUVER, British Columbia, Sept. 18, 2020 (GLOBE NEWSWIRE) -- V2 Games Inc. (“V2 Games” or the "Company") – a portfolio company of Victory Square Technologies Inc. ("Victory Square") (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that it has acquired the assets and IP of GameOn App Inc. (“GameOn”) in an all-stock transaction. V2 Games will issue Shares to the GameOn shareholders at a price of C$0.25 per V2 Games Share with 12 months hold.

V2 Games is a video and mobile game ventures firm focusing on royalty investments in high-value gaming projects featuring globally-recognized intellectual properties. The company generates cash flow by streaming revenue share from recognizable gaming projects. Examples of these projects include: Pacific Rim: Breach Wars, Rune: Ragnarok, Men In Black and Hello Kitty. V2 Games previously developed the hit mobile game PAC-MAN Bounce, which got over 20 million downloads.

GameOn is a leading-edge gaming company providing consumers, broadcasters, sportsbooks, venues and brand partners with interactive, social experiences around sports, television and live events. GameOn drives engagement and revenue through its suite of proprietary mobile and TV technologies, changing the way fans compete, watch and win through free and frictionless prediction games. GameOn builds unprecedented engagement through localized gameplay, peer-to-peer functionality, leaderboards and cash prizes, accessed on mobile, television and OTT platforms. GameOn App is currently available in all leading app stores.

GameOn has entered into a distribution partnership with Comcast to deliver the GameOn-branded sports prediction experience to homes and hospitality venues across the United States. Additionally, GameOn has secured a white label partnership with NBCUniversal to build their prediction products for programming including reality TV and sports. GameOn also plays a key cog in the sports betting wheel through affiliate partnerships and licenses with key global sports betting operators.

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