Acquisition of Heavy Chips will greater than double Alpha’s present consumer base to over 390,000.
VANCOUVER, British Columbia, Oct. 12, 2021 (GLOBE NEWSWIRE) — Alpha Esports Tech Inc. (CSE: ALPA) (FSE:9HN), (OTC PINK: APETF), (“Alpha” or the “Firm”) in the present day proclaims it has signed a definitive settlement to accumulate 100% of Heavy Chips On line casino and Sports activities Betting (“Heavy Chips”) from Gamesoft Ltd.
Heavy Chips is a totally operational on-line gaming website with over 800 widespread on line casino video games and over 5,000 sports activities betting opportunies day by day on sports activities resembling soccer, tennis, basketball, and extra. In complete, Heavy Chips supplies entry to reside supplier video games, on line casino slots, arcade on line casino video games, and sports activities betting. Presently, Heavy Chips has over 240,000 registered gamers on its web site.
“The acquisition of an internet gaming website resembling Heavy Chips might be a significant milestone for Alpha in some ways,” stated interim CEO, Matthew Schmidt. “We’ll now be energetic within the grownup gaming house, an area we really feel has great potential to assist the Firm improve shareholder worth. Finally, we consider Heavy Chips definitely supplies worth in quite a lot of methods together with income, an expanded world userbase, and additional operational enlargement into Europe.”
“We constructed a really sturdy platform in Heavy Chips and can proceed to assist Alpha maximize on the rising potential it has,” stated CEO of Gamesoft Ltd, Maxim Terehovich. “Heavy Chips has particularly seen a variety of development within the final a number of months and we anticipate this can proceed beneath the possession of Alpha.”
Underneath the phrases of this acquisition for the acquisition of 100% of Heavy Chips, Alpha pays Gamesoft $300,000 CDN.
About Alpha Esports Tech Inc.
Alpha Esports Tech Inc. is a expertise firm that focuses on rising industries in esports, cell gaming, ecommerce and different excessive development alternatives. By means of a powerful portfolio of expertise property and merchandise resembling GamerzArena, Alpha Esports Tech brings a novel mass-appeal focus to fashionable gaming platforms. Be taught extra at: www.alphatech.inc
About Heavy Chips On line casino and Sports activities Betting
Our motto is: You Play. We pay.
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