Toronto, Ontario–(Newsfile Corp. – June 16, 2021) – Playground Ventures Inc (CSE: PLAY) (the “Company“) is pleased to announce that it has entered into an agreement to become a founding investor in GG Hub Srl (“Good Game Hub“), an Italian media gaming corporation. Good Game Hub is building a vertically integrated Italian/European content channel that will focus on the gaming world. This channel will provide 24/7 media content that will be translated into multiple languages and available on different streaming platforms. With a targeted launch date of late Q4 2021, Good Game Hub has a corporate vision to create high-quality European gaming content for new generation TVs and digital devices. In making this strategic investment, the Company is creating regional diversification and is establishing a foothold in an underdeveloped E-sport community. With an estimated 16.7 million Italian gamers in a market that generated €2.1 billion euros in 2020, Good Game Hub is uniquely positioned to capture this underserved audience.[1] As Good Game Hubs grows, it will be targeting the larger European market of 386 million gamers that generates $29.6 billion US annually.[2] The Company will invest up to €1,000,000 Euros for up to 60% of the founding equity.
“We are beyond excited to have a partner of Playground Venture’s caliber to join us on what will be Italy’s first vertically integrated, multilingual gaming platform for the European market. The knowledge and expertise they…
