Alphagen Intelligence Stock Price, News & Analysis

Alpha Esports Tech Inc. has forged an exclusive partnership with the North American Rugby League (NARL) to host esports tournaments aimed at user acquisition. This partnership positions GamerzArena as the exclusive online gaming platform for NARL, which includes running various contests and utilizing NARL's audience for promoting GamerzArena+. The inaugural NARL season is set for May 21, 2022, after delays due to COVID-19. Both organizations will co-market events, enhancing visibility among rugby fans and gamers alike.

Alpha Esports Tech announced that its subsidiary Paradise City Gaming is developing AR-based experiences to enhance engagement in the Metaverse. Utilizing Niantic’s Lightship toolkit, similar to that of Pokémon Go, these experiences will encourage users to complete real-world challenges and earn NFT rewards and Alpha Coins. With the Metaverse being dubbed the 'next internet', the company aims to integrate mobile gaming and esports, positioning itself within this growing landscape.

Alpha Esports Tech has renewed its partnership with the New Jersey Devils to host NHL 22 tournaments on November 14, 2021. Utilizing Alpha's platform GamerzArena, participants from New Jersey, New York, Pennsylvania, and Connecticut will compete in both PlayStation 5 and Xbox Series X/S tournaments. Finalists will have the opportunity to play at the Prudential Center. This collaboration aims to enhance user acquisition for Alpha’s subscription service, GamerzArena+, while engaging younger audiences through esports.

Alpha Esports Tech Inc. (CSE: ALPA, OTC PINK: APETF) has successfully acquired Heavy Chips, a comprehensive online gaming platform. The acquisition includes over 800 casino games and 5,000 daily sports betting opportunities, with a user base exceeding 250,000. Heavy Chips saw an average monthly revenue of approximately €16,800 in 2021, peaking at about €22,000 in October. The global online gambling market, valued at $66.7 billion in 2020, is projected to grow to $127.3 billion by 2027, bolstering Alpha's strategic position in this expanding sector.

Alpha Esports Tech Inc. has appointed Adam Morrison as President, enhancing its leadership team with his extensive experience in the esports and gaming industry. Morrison, who has a decade of leadership in both private and public esports companies, aims to leverage his network and expertise to drive shareholder value. He previously held significant roles in Engine Media Holdings and co-founded Oxygen Esports, which is a prominent esports organization in New England. Under his leadership, Alpha seeks to capitalize on the growth in gaming post-pandemic.

Alpha Esports Tech has partnered with BREC to enhance its online gaming platform, GamerzArena. This collaboration will allow GamerzArena to host all BREC online esports events and jointly market tournaments. A revenue-sharing model for user subscriptions and sponsorships is established under this partnership. The interim CEO highlighted the partnership's potential to significantly boost GamerzArena's visibility among BREC's large demographic. This agreement signifies a strategic move for Alpha to enhance user acquisition and engagement through established community ties.

Alpha Esports Tech Inc. (CSE: ALPA, FSE: 9HN, OTC PINK: APETF) has announced the acquisition of Heavy Chips Casino and Sports Betting for $300,000 CDN. The deal is set to double Alpha's user base to over 390,000, benefiting shareholders through increased revenue and operational expansion in Europe. Heavy Chips currently boasts over 5,000 daily sports betting opportunities and 240,000 registered players. The move marks a significant milestone in Alpha's entry into the adult gaming sector.

Alpha Esports Tech Inc. has announced a partnership with Esports Entertainment Group to enhance its GamerzArena platform with automated scoring technology. This partnership aims to implement a computer vision system that will improve match scoring for games like Call of Duty and Fortnite, while also helping to prevent fraudulent activities in tournament results. The new system will provide instant results on leaderboards, fostering trust among users. Both companies anticipate that this innovation will significantly expand GamerzArena's user base.

Alpha Esports Tech (OTC PINK: APETF) has announced that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the U.S. This milestone enhances trading efficiency and accessibility for investors. The company's shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol ALPA and on the Frankfurt Stock Exchange under 9HN. CEO Matthew Schmidt noted that DTC eligibility allows for greater reach within the global investment community.