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React Gaming’s (TSXV:RGG) Parabellum esports teams show solid performance and win first sponsor

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TSXV:RGG
19 July 2022 16:45 (EDT)

Source: React Gaming Group Inc.

React Gaming (RGG) provided an update on the recent success of its wholly-owned subsidiary, Parabellum Esports.

In its first year as a professional team, Parabellum currently ranks in 6th place as of stage 2.

The team was joined by Alexandre “Blaz” Thomas, a top-10 European player and import from France, and Shaun “Gunnar” Pottorff, an 18-year-old rookie on the top-wanted list for some of the top contenders in the North American League.

Parabellum’s women’s team finished in the top 4 in the Brazilian tournament “Ela Faz o Game”. The team is playing in the “Circuito Feminino 2022” league and is currently in the stage 4 playoffs.

These performances have enabled Parabellum Esports to attract its first paid sponsorship, with Shakepay, a Canadian technology company.

Parabellum Esports’ co-founder and CEO, Chris Lamarucciola, stated that over the last year and with this entry into the professional ranks, things have been moving fast and progressing well for the teams.

“We’re very pleased with the growing interest we see in our brand from gamers, fans and sponsors alike, and we’re thrilled to have Shakepay supporting us as our first sponsor.”

Backed by a full content team with content creators and streamers, Parabellum is a Canadian professional esports organization that competes in titles such as Rainbow 6, Rocket League, Super Smash Bros Ultimate, CSGO and iRacing.

React Gaming Group Inc. (RGG) is engaged in esports betting. The group is focused on live betting and online gaming.

React Gaming remained unchanged on the day, trading at $0.225 per share.

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