Proceeds benefit scholarships for teens and non-profit organizations

VANCOUVER, BC, Sept. 30, 2020 /CNW/ - TGS Esports Inc. has teamed up with Chicago Gaming United to produce an epic NBA2K tournament for Chicagoland high school students, with the winner of each division receiving educational scholarships.

"School isn't just about education. It's about sports, friends, and most importantly finding a community. The pandemic has really highlighted how important these connections are for teens," said Spiro Khouri, CEO of TGS. "Esports has filled that void while the world has been on pause. This tournament is a chance to bring kids across the city together in one big event."

The tournament, which will feature an Xbox and PlayStation division, will be held online over the weekends of November 7-8 and Nov. 14-15. A final round - an Elite 8 for each division - will take place the weekend of November 21-22 and will be live streamed on TGS' Twitch channel. TGS will power the tournament, bringing professional level production and tournament management to the event.

In addition to the scholarships, a portion of the proceeds from the event will benefit three nonprofits, including Cxmmunity, which focuses on increasing minority participation in esports; the Beyond Sports foundation, dedicated to translating athletic ability into real life opportunity; and That Harper Kid, the foundation established by former Chicago Sky guard Linnae Harper to benefit area youth.

Several Chicago area high school basketball legends have also lent their support to the effort, including Jahil Okafor, Kendrick Nunn, Quentin Richardson, Darius Miles, Tim Hardaway, Deon Thomas, Hoop Dreams stars Arthur Agee and William Gates and Chicago high school legend Linnae Harper. Look for updates on their social media accounts as they cheer on the players.

"This tournament is a chance to bring kids across the city together in one big event, supporting great causes," said Matt Hoffar, co-founder of Gaming United and Managing Partner at Brickhouse Ventures. "And this won't be the last event. We plan to have multiple tournaments throughout the year, across different games and in different cities."

Entry into the tournament is free, and open to any Chicagoland High School student. For more information, please visit https://www.thegamingstadium.com/event/chicago-gaming-united/. 

Chicago Gaming United is a joint organization led by Brickhouse Ventures, TGS Esports, Abacus3, Edge Sports International, CyKam Consulting, and Georgia Sinclar Design.

About TGS Esports Inc.
TGS Esports Inc. is an esports organization focused on providing and hosting esports events, tournaments, and leagues at both the amateur and professional levels both online and in person. TGS is the owner of Canada's first dedicated esports arena, The Gaming Stadium, located in Richmond, British Columbia, which opened in June 2019.  Since its inception, The Gaming Stadium has hosted esports events for games such as League of Legends and Fortnite, as well as organized and hosted the Pinnacle event at the River Rock Casino and the Burnaby Festival of Learning. The Gaming Stadium also hosts regular online tournaments as well as provides high quality broadcast production for any event. For more information, visit www.thegamingstadium.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

On behalf of the Board of Directors
"Spiro Khouri"
Spiro Khouri, CEO
TGS Esports Inc.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including with respect to: the hosting of an NBA2K tournament for high school students in the Chicago area; the timing, format and prizes for the tournament; and the intended use of the proceeds from the tournament. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic and other risks that are customary to transactions of this nature. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

This press release is not an offer of the securities for sale in the United States. The securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

View original content to download multimedia:http://www.prnewswire.com/news-releases/tgs-chicago-gaming-united-team-up-for-epic-high-school-nba2k-tournament-301142165.html

SOURCE TGS Esports Inc

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2020/30/c6717.html