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Team MOGO Emerges Victorious in Consecutive Tournaments

WESTPORT, CT and MUMBAI, INDIA / ACCESSWIRE / November 16, 2023 / Mobile Global Esports Inc. ("MOGO" or the "Company") (NASDAQ:MGAM), announced today the consecutive victories of Team MOGO Esports in the Indian esports circuit, reinforcing its position in the global gaming arena. The competitions, held on October 28 and November 8, 2023, respectively, featured teams from across India competing for excellence in the esports domain.

Team MOGO Esports exhibited a steadfast commitment to excellence in both events. The MOGO Valorant team made a notable debut on October 28, 2023, at a LAN event with a prize pool of 50,000 INR, emerging victorious and marking a historic win in their inaugural tournament. Building on this momentum, the team secured another victory on November 8, 2023, in a contested event with a prize pool of 8,500 INR.

"It's an honor to secure consecutive victories in these competitive tournaments," said Raja Vharo Singh, Team Captain of MOGO Esports. "We've worked diligently to improve our gameplay and communication, and these wins are a testament to the dedication of every member on our team."

MOGO remains committed to supporting university and college students in the esports community. The team's recent performances further solidify its reputation as a leader in the competitive gaming landscape. The team expresses gratitude to sponsors, fans, and supporters, recognizing their collective effort in achieving victory.

As MOGO looks ahead, the company has plans for events in late November and December 2023, contributing to the esports community and continuing its dedication to nurturing talent.

About MOGO

MOGO is an up-and-coming global esports company operating in India, the world's largest, fastest growing, and open digital market. By drawing on its unmatched network of gaming and university partners across the Indian subcontinent, MOGO convenes a wide variety of competitive, collegiate-level esports tournaments across India and delivers outsized value to gamers, colleges, distributors, brands, and the wider esports ecosystem. In this way, MOGO not only creates business value, but also makes college sports newly accessible to many thousands of Indians, thereby advancing the wider India growth story.


Dave Pross

Jamie Frawley
Investor Relations


This release contains forward-looking statements. Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They are generally identifiable by use of the words "may," "will," "should," "anticipate," "estimate," "plans," "potential," "projects," "continuing," "ongoing," "expects," "management believes," "we believe," "we intend" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements in this release, which are subject to risks and uncertainties, include statements regarding the expected use of proceeds. These statements are based on our management's expectations, beliefs and assumptions concerning future events, which in turn are based on currently available information. These expectations, beliefs and assumptions could prove inaccurate. Although we believe that the estimates and projections reflected in the forward-looking statements are reasonable, our expectations, beliefs and assumptions may prove to be incorrect.

SOURCE: Mobile Global Esports

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