TORONTO, November 8th, 2019 – Amuka Esports, announces it has acquired Basement Gaming. Founded by CEO Nick Victoria, Basement Gaming brings unique gaming experiences to entertainment venues across the GTA. Originally focused on youth gaming, they have expanded their presence into traditional tournaments and leagues hosted in non-traditional venues.
By joining the Amuka Esports family, Basement Gaming will be able to expand it’s footprint in new geographic markets and broaden the types of events and tournaments they can offer.
“What’s unique about Basement Gaming is that we can host a gaming event or tournament literally anywhere. It can be in traditional esports venues and LAN centres, entertainment complexes, bars or even, hence the name, in your basement,” according to Nick Christopher.
With a population of over 5m in greater Toronto area, the city has a surprisingly small amount of gaming venues. This according to Amuka Esports CEO Ben Feferman is where the opportunity lies. “Gaming is something that unites people and if you look around the city, there aren’t enough venues to play and compete. What’s the solution? Bring the game play anywhere. Your office, local bar and restaurant or your buddies basement can all become centres for great gameplay and competition. Basement Gaming brings everything to the end user.”
Basement Gaming is the first acquisition for Amuka Esports but the company is building a steady portfolio of esports assets as they ready for the public markets.
“We’ve made two investments so far and now our focus is to incubate or acquire esports assets in underserved market segments of the industry” says Aaron Meckler, the company’s CFO.
“We are really excited to be working with one of the hardest working teams we’ve seen. Founder Nick Victoria and recently hired COO Cory Feferman have the grit and hustle that represents the ethos of this company”
For more information on Amuka Esports contact [email protected]
About Amuka Esports
Amuka Esports is an active esports creation company that invests, acquires and incubates companies in underserved verticals.
About Basement Gaming
Basement Gaming is a live event organizer for the gaming industry. They are able to bring custom esports and gaming experiences to non-gaming venues and facilities.
This press release contains “forward-looking statements” including statements with respect to Amuka Esports potential returns and timelines. All forward-looking statements are based on current beliefs as well as various assumptions. By their very nature, forward-looking statements involve inherent risks and uncertainties. Readers should not rely on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of Basement Gaming or Amuka Esports
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