What’s The Upside Potential as Firm Completes Acquisition and Signs Multiyear Agreement?

Gaming has always been popular, and the sector is seeing growth to the indirect benefits of the social distancing aspect of the pandemic. Focused on sports, gaming and sim racing, this company is gaining traction through acquisitions and organic growth, providing services to video game developers, publishers and commerce.

ESE and Digital Motorsports are focused on esports, gaming and sim racing and are well placed to market FIA Rally Star around the world. ESE Entertainment Inc. (TSXV: ESE) (OTCQB: ENTEF) announce that it has completed the acquisition of 100% of the shares of Auto Simulation Limited T/A Digital Motorsports an Ireland-based provider of advanced simulation racing infrastructure, technology and support.

The company also announced it signed a multiyear agreement with FIA, which is the governing body of World Motor Sort, for marketing rights to FIA Rally Star.

Shares are trending down in late-morning trade at $1.00.