New Jersey and Delaware Become First New States to Fully Legalize Sports Wagering
TORONTO, June 12, 2018 (GLOBE NEWSWIRE) — Millennial Esports Corp. (“Millennial” or the “Company”) (TSX VENTURE:GAME) (OTCQB:MLLLF), a mobile video game publisher focused on Esports and Racing, is pleased to announce that CEO Alex Igelman will be appearing at the East Coast Gaming Congress and NexGen Gaming Forum. Mr. Igelman will be focusing on Esports in a panel discussion on the future of sports betting at the opening day of the conference, which is being held on June 13-14 in Atlantic City, New Jersey. Last week, New Jersey and Delaware became the first states other than Las Vegas to fully legalize wagering on sporting events.
“With New Jersey, as expected, being one of the first states to fully legalize sports wagering, the timing of this conference couldn’t be better. It is an extremely exciting moment for our industry, as wagering on Esports is something numerous states are seriously considering,” said Mr. Igelman. “This is also a very exicting time for Millennial Esports, as our competitive gaming platform would prove very useful to individual states or licensed gaming companies looking to expand into new forms of sports wagering. We strongly feel that New Jersey and Delaware are just the first of many states that will move to legalize sports betting, offering tremendous potential growth for Esports.”
The 22nd Annual East Coast Gaming Congress and NexGen Gaming Forum, to be held June 13 – 14 at Harrah’s Waterfront Conference Center, will mark the 40th anniversary of gaming in Atlantic City along with the dawn of a new age of legalized sports wagering. Mr. Igelman’s 3:00pm panel discussion on June 13th, entitled ‘Sports Betting: where does it stand in mid-2018 and where is it going?’ follows the keynote address at the NexGen Gaming Forum.
Although Delaware led New Jersey in opening the betting window, allowing gambling to begin last Tuesday, New Jersey is the first state since the Supreme Court’s decision to officially make wagering legal in a State where it had been prohibited. Delaware had been grandfathered in for select betting options. Last Thursday, the New Jersey State Legislature voted to legalize sports betting, paving the way for casinos and racetracks to take wagers and provide the state with new sources of revenue.
About Millennial Esports Corp.
Millennial Esports Corp. (MEC) is a vertically integrated mobile gaming publisher leading a revolution to fuse esports racing and professional motorsport through a global competition model. MEC is utilizing its gaming franchises and intellectual property (IP) to engage millions of new players. Combined with its virtual and live tournament platforms, gaming analytics capability, and motorsport IP – including World’s Fastest Gamer – MEC is uniquely positioned to become the market leader in Esport Racing.
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|Director, Communication Strategy|
|Manish Grigo||Alex Igelman|
|Investor Relations||CEO and Director|