Business
Simplicity Esports Signs Agreement with Certified Guaranty Company (CGC) to Make 29 of its Locations Official Submission Centers
Simplicity Esports Signs Agreement with Certified Guaranty Company (CGC) to Make 29 of its Locations Official Submission Centers.
About this update from Simplicity Esports And Gaming Company
[{"type":"text","content":"\n Customers and collectors can now submit Pokémon cards, Magic: The Gathering cards and collectibles to CGC at Simplicity Esports locations. Boca Raton, Florida, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”) announced that 29 of its esports gaming centers have been designated as Official Submission Centers with CGC. The agreement makes Simplicity the largest network of Official Submission Centers in the CGC ecosystem. Roman Franklin, CEO of Simplicity Esports, stated, “I am thrilled to begin this partnership with the preeminent pop culture collectibles grading service in the world. We hold numerous TCG events per month across our footprint of esports gaming centers and sell Pokémon and Magic: The Gathering cards on-site to walk in customers and players in these tournaments, as well as collectors online via our newly launched e-commerce site SimplicityGames.com.” CGC is a division of Certified Collectibles Group (“CCG”), which was recently acquired by Blackstone (NYSE:BX), the world’s largest private equity firm in a transaction that valued the company at more than $500 million. CCG has certified almost 70 million collectibles since 1987. Due to demand from collectors, CGC launched CGC Trading Cards, a division to certify TCG cards, in July 2020, and has certified over 1 million Pokémon and Magic: The Gathering cards in the last 15 months. Steven R. Eichenbaum, CEO of CCG, stated, “I am excited to partner with Simplicity, a leader in the esports and gaming sector. Their retail footprint in high-traffic shopping malls will provide valuable exposure for CGC as well as convenient locations for customers to submit their collectibles for grading and certification as the demand for our expert services continues to grow.” About Simplicity Esports and Gaming Company: Simplicity Esports and Gaming Company (WINR) owns 17 esports gaming centers, and is the franchisor for 16 esports gaming centers that give the public an opportunity to experience gaming and esports in competitive and casual social settings, regardless of skill or experience. Simplicity Esports also owns a Riot Games League of Legends franchise and top Brazilian esports organization, Flamengo Esports. Simplicity and Flamengo branded teams compete...