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Midnight Gaming Agrees to Acquire TGS Esports for $18 Million

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Midnight Gaming Corporation has announced that it has entered into a Letter of Intent (LOI) dated May 3, 2024, an asset purchase agreement with TGS Esports Inc. This contemplated transaction is expected to unite Midnight, the true pioneer of the “Esports Media” industry, with TGS, a growing esports and gaming organization. This LOI demonstrates Midnight’s ongoing commitment to building a foundation for a healthy gaming and esports industry by investing in, and growing promising brands.

TGS is an industry-leading company focused on connecting brands with fans of the gaming community. This is done through robust marketing campaigns featuring live events, digital tournaments, influencer campaigns, social media integration, and experiential activations. TGS was established in 2018 and is an industry leader in Canada.

“The addition of TGS to Midnight’s subsidiary portfolio is a key component to our future growth at Midnight. Midnight’s media technology, able to reach millions across the globe through Connected TV, enriches TGS the company, our live events and sponsor involvement, that will maximize company profitability,” Ken McGraw, CEO of Midnight Gaming, said.

As part of the LOI, Midnight will retain certain TGS staff and will be assigned certain TGS’s intellectual property (IP) and assets. This IP includes TGS social media channels, website domains, and brands, while the assets include various gaming and AV equipment such as PCs, peripherals, monitors, and more. Midnight will also assume certain existing contracts currently signed with TGS.

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“The whole team at TGS is excited at the opportunity to work with Midnight. Ken and I have continued to build our relationship over the past eighteen months and believe now is the right time to come together. This partnership allows us to take the model TGS has built and expand it internationally. Over the past six years we have focused on growing our business and knew there would come a time where additional resources would be needed to take it to the next level. We are confident now is that time and Midnight is the right partner,” Spiro Khouri, CEO of TGS, said.

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Evolution bolsters its US portfolio with landmark launch of Nolimit City’s distinctive slots.

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Evolution today announced its entry into the United States online gaming market with Nolimit City, the award-winning slot brand renowned for a portfolio bursting with fun, high volatility slots with often outlandish themes. This marks a significant milestone as it is the first time Evolution has simultaneously launched in all six states in which it currently operates: Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia.

The first Nolimit City slot available to US online players will be Buffalo Hunter, where mighty buffalo with mystic powers roam the plains of the American prairie. The game is full of exciting free spins and increasing multiplier features, including a Stampede Super Bonus feature that wraps up several bonuses in one.

A rapid rollout of further leading Nolimit City slot titles will follow.

 

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Tombstone will offer US players high volatility with 11,456x stake maximum win potential. Starring the quickest gunslingers in the entire Wild West, this title is packed with sure-fire features like the Outlaw Wilds, Justice Spins, Gunslinger Spins and the hard to get Bounty Spins.

 

East Coast Vs West Coast will take players back to the golden era of hip hop, with bouncing lowriders, massive shiny spinner rims, blasting boomboxes and vivid graffiti.

 

In Deadwood xNudge®, meanwhile, the gunslingers will be back, as players follow bounty hunters in the notorious town of Deadwood, with the gnarliest quick-draws of the Wild West.

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Established in 2014, Nolimit City is a Malta, Sweden, India, and Romania-based online casino platform and game developer, offering high-quality content and services to operators worldwide, including unique in-game xMechanics such as xNudge®, xWays® and xSplit®. The company became part of Evolution Group in 2022 and its games are available for rapid integration with operators’ systems using Evolution’s in-house One Stop Shop platform.

Jacob Claesson, Evolution CEO for North America, said: “The launch of the Nolimit City brand in the US marks a significant step for Evolution Group. We are commited to delivering unparalleled gaming experiences that redefine entertainment standards, and the outstanding slots from Nolimit City with their renown mechanics and edgy themes encapsulate this perfectly.”

Malcolm Mizzi, COO & Commercial Director at Nolimit City commented: “Our games are famous for their highly volatile math models and daring content and gameplay, so we are really looking forward to the reaction of online slots players in the US.”

He added: “Since the earliest days we have been heavily influenced by US themes. One only has to look at the titles in our games portfolio to see what a massive moment the US launch will be for our team.”

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Get Ready for the iGaming and TECH Summer Run-Off on Strava!

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Welcome to the iGaming and TECH Summer Run-Off on Strava! 🌞

The sun is shining, the trails are calling, and it’s time to break out those running shoes! We are excited to announce the launch of the iGaming and TECH Summer Run-Off, a dynamic and engaging challenge designed to bring together professionals from the igaming and tech industries. This event runs from June 14 to August 31, inviting participants to step away from their screens and hit the pavement.

Why You Should Join:

  • Boost Your Health: Swap screen time for running time and reap the benefits of fresh air and physical fitness.
  • Connect with Colleagues: Interact with peers in a fun and supportive environment. Share routes, running tips, and motivation!
  • Compete and Conquer: Keep an eye on the leaderboard, challenge friends, and track your progress. Who will be the top runner this summer?

Challenge Details:

  • Period: June 14 – August 31
  • Open To: Everyone in the igaming and tech sectors. All skill levels are welcome, from beginners to marathon veterans.
  • Goal: Whether it’s your first 5K or you’re training for a marathon, set personal goals and use the club to stay on track.

Prizes and Perks:

  • Recognition: Weekly shoutouts for top performers and most improved runners.
  • Swag: Exclusive gear for standout runners at the end of the summer.

Getting Started Is Easy:

  1. Join the Club: Search for “iGaming and Tech Summer Run-Off” in Strava Clubs or click here and hit ‘Join’.
  2. Log Your Runs: Use Strava to track your runs. Each run will automatically update the leaderboard in our club.
  3. Engage: Post your routes, share photos from your runs, and engage with other members in the discussion section.

Let’s make this summer unforgettable! Lace up your running shoes, set your goals, and let’s run this season into the ground. Ready to sprint into action?

For more information and to join the challenge, visit our Strava club here.

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The up-to-date leatherboard can be found here: https://hipther.com/2024summer-run-off/

Don’t forget to share your runs on social media! Tag @HIPTHER to showcase your achievements and connect with fellow participants. This challenge isn’t just about physical fitness—it’s about boosting our mental well-being too.

Let’s support each other and make strides towards better health, both mentally and physically! #iGamingTechRunOff #HIPTHER

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BIG Cyber Names Heather Lee Senior Director of Sales

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Gaming Industry Marketing and Sales Professional Joins BIG Cyber to Help Company Continue its Growth as a Cybersecurity Defense Technology and Services Provider

BIG Cyber, a BMM Innovation Group Company dedicated to providing robust cybersecurity services and solutions to the global gaming industry, today announced the appointment of Heather Lee as Senior Director of Sales.

BIG Cyber Chief Executive Officer Amit Sharma said, “As BIG Cyber continues to grow, we are excited to add experience to our team by welcoming Heather to drive our sales initiatives. She brings six years of experience in Gaming sales and is well recognized for her focus on customer service and building trusted partnerships.”

Lee previously served as Vice President of Casino Sales & Partnerships at Engaged Nation, where she spearheaded revenue growth and marketing excellence through the award-winning REACH customer-engagement platform.

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Before that, she was the Manager of Sales, Loyalty Marketing at Everi, and also worked for Atrient Technology.

Lee was recognized as one of the Emerging Leaders of Gaming 40 Under 40 class of 2022. Her commitment to gaming extends through her membership in the Global Gaming Women organization and her previous involvement in Everiߣs Women in Leadership Initiative.

Lee said,”I am excited to bring my experience and passion for sales to this dynamic organization. I look forward to driving growth, building strong customer relationships, and contributing to the continued success of BIG Cyber and its host of solutions focused on defending the gaming industry and protecting all who play.”

Lee earned a Bachelor of Arts degree from the University of Nevada, Reno, and a Hospitality and Tourism Management Certificate from Florida Atlantic University.

 

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GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

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