Compete.gg reveals artificial intelligence roadmap and 2023






  • Respond Gaming’s esports tournament subsidiary to concentrate on new markets and cell applications to gasoline lengthy-expression growth
  • Advancement initiatives to include things like new artificial intelligence (AI) and equipment learning (ML) capabilities aimed at raising future profits

MONTREAL, Feb. 06, 2023 (Globe NEWSWIRE) — Respond Gaming Group Inc. (“React Gaming” or the “Company”) (TSXV: RGG, OTCQB: ITMZF) is delighted to announce Contend.gg’s progress method for 2023 and past.

“Since rebranding our Compete.gg system very last Spring, we have increased the selection of video game titles and improved the platform functionalities, letting us to extra than double the quantity of people,” said Leigh Hughes, CEO of React Gaming. “In 2023, we will be even extra lively as we integrate new AI abilities to the system, featuring greatest-in-course practical experience to improve supporter engagement. We will also focus on esports marketplaces that have revealed swift progress in the previous couple a long time, namely Latin The us, Southeast Asia and the Middle East, exactly where we by now have started to create solid connections with new fan bases.”

A person vital facet of AI/ML tech is that it can push earnings for Compete.gg by using predictive analytics. By analyzing person details and behaviour, the system can provide insights and recommendations to end users about tournaments, players, and other attributes that are most related to their interests. This not only creates a additional pleasant experience for customers but also improves the chance that they will participate in more tournaments and interact additional deeply with Compete’s system.

One more way that AI/ML can push profits for Compete is as a result of qualified marketing. By employing equipment discovering algorithms to understand consumer conduct and passions, the platform can serve extra relevant and effective commercials to customers, primary to elevated click on-by and larger conversion prices. It also makes it possible for the platform to better pair advertisers with the ideal event organizers and manufacturers.

Also, and possibly most importantly, by leveraging AI and ML, Contend can enhance its match development and management procedures, producing it much easier and a lot more successful for tournament organizers to run tournaments and handle their communities. This can support reduce administrative overhead and raise the range of tournaments provided on our system, even further raising user engagement and driving earnings.

When on the lookout at the very long-time period picture for Contend, cellular is the potential. With about 3.2 billion gamers world-extensive (source: Statista) and 61% of US grownup players playing on their cellular telephones (resource: Entertainment Program Affiliation), cellular is the future sensible move. The integration of AI and ML into a Contend mobile featuring can appreciably boost the firm’s profits in the next two a long time by offering people with a more personalized and participating encounter, expanding the success of specific promotion, and streamlining tournament management procedures, all by way of the one device anyone has in their pocket, a smartphone. The great news is that Compete’s system is built to be adaptable to cell functionalities, but it will just take some time to develop into thoroughly operational.

“For the time being, we will prioritize quick-term income generation, by way of AI and increasing our supporter base into new markets, and do the job on cellular as a more time-phrase advancement initiative,” concluded Mr. Hughes.

About Respond Gaming Group
Respond Gaming Team (TSXV: RGG) (OTCQB: ITMZF) is a publicly traded holding company that stands at the forefront of the esports and iGaming sector. By investing in progressive systems that increase tournaments, teams, and wagering, we give our customers with gaming platforms that make non-quit motion, thrilling outcomes, and unparalleled satisfaction. By way of the use of smart facts, we also hook up our sponsors to sturdy communities within the speedily evolving industry, making certain maximum engagement and sizeable reward. For more information and facts, you should stop by us at reactgaming.ca and stick to us on LinkedIn, Twitter, Instagram and YouTube.

Forward-searching statements
This news release might consist of “forward-searching statements” within just the indicating of applicable Canadian securities rules. Forward-seeking statements are always dependent upon a variety of estimates and assumptions that, though deemed fair by administration, are inherently issue to sizeable enterprise, economic and competitive uncertainties, and contingencies. These statements frequently can be identified by the use of forward-looking text such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or equivalent variants, and include but are not constrained to the statements about the completion of the Private Placement, payment of a finder’s payment in connection with the Private Placement, the securities to be issued underneath the Private Placement, closing the Personal Placement in tranches, the presenting jurisdictions of the Personal Placement, effecting the Share Consolidation, mailing of the facts round, and receipt of acceptance from the TSXV with regard to the Personal Placement and Share Consolidation. Forward-wanting statements involve regarded and unidentified hazards, uncertainties and other things that may perhaps result in foreseeable future final results, functionality or achievements to be materially different from the believed future success, performance or achievements expressed or implied by those ahead-wanting statements and the forward-seeking statements are not ensures of long run overall performance. The Corporation’s statements expressed or implied by these ahead-hunting statements are subject to a selection of challenges, uncertainties, and ailments, several of which are outdoors of the Corporation’s handle, and undue reliance must not be placed on this kind of statements. Ahead-looking statements are qualified in their entirety by the inherent challenges and uncertainties surrounding the Corporation’s things to do, together with: that the Corporation’s assumptions in making forward-hunting statements may well establish to be incorrect standard adverse market place problems and levels of competition the inability to finance functions and/or attain any future strategic financial investment needed to apply new systems the inability to construct a sustainable, conscientious business with a much better existence on the net by means of new products in esports and gaming the incapacity to receive, or maintain, gaming license(s) and that current market circumstances associated to the COVID-19 pandemic may well negatively have an affect on the end result of the company or functions of the Company, such as its final results and monetary ailment. Apart from as needed by securities legislation, the Company does not believe any obligation to update or revise any forward-searching statements, whether as a result of new data, situations or if not. Neither the TSX Enterprise Trade nor its Regulation Services Service provider (as that time period is described in the procedures of the TSX Undertaking Trade) accept responsibility for the adequacy or precision of this release.

Neither the TSX Venture Exchange nor its Regulation Products and services Company (as that term is defined in the insurance policies of the TSX Enterprise Trade) acknowledge obligation for the adequacy or accuracy of this launch.

Contact Details
React GAMING Group INC.
Leigh Hughes
1-514-861-1881
[email protected]

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