Enthusiast Gaming Buys Addicting Games for $35M – Esportz Network

Enthusiast Gaming Buys Addicting Games for $35M – Esportz Network

Esports company Enthusiast Gaming announced this week that it will acquire Addicting Games, an upcoming brand in casual gaming, for $35 million.

Addicting Games

A platform focused on holding various genres of games, Addicting Games looks to normalize casual gaming through its large library. Including titles like Shockwave, Type Racer, and Math Games, the expansive library can now offer even more through the acquisition. Most of the brand’s titles can even be purchased through its app.

“We’re very excited to join the Enthusiast Gaming family,” said Bill Karamouzis, CEO and Co-Founder of Addicting Games. “Combining Enthusiast Gaming’s scale and expertise with our properties and titles will increase engagement, drive new revenue opportunities and provide the resources to develop new titles and fan experiences.”

Enthusiast Gaming Acquisitions

Boasting over 300 million fans across its network, Enthusiast Gaming is a leader in the esports and gaming industry. Unlike other competitors, EG has focused its esports revenue strategies through acquisition and growth. Acquiring major brands and expanding its company size has been the key to its success. In fact, the company is one of few esports brands to hold offerings on the public stock market.

“I’m excited to announce the acquisition of Addicting Games, a pioneer in