New local, regional and national interim policies have been introduced around the world by legislators and regulators on countries citizens, industries and cross boarder travelling to contain the spreading of the new Coronavirus and Covid-19. These measures have impacted MTG’s esport vertical, which is built around large live events with audience similar to sports events: in ESL’s case it’s pro-level esports tournaments and competitions and in DreamHack’s case gaming lifestyle festivals featuring esports and Bring-Your-Own-Computer elements.
As a consequence, MTG’s portfolio company DreamHack has decided to adjust some events in its festival and Master properties schedule to ensure business continuity, continued delivery of esports and live events in a responsible way, while taking into account current limitations and restrictions on a country per country basis.
The file attached to this announcement represent the current situation for DreamHack as of March 19th 2020 and is subject to change.
Because of the fluidity of the situation and the need to adapt accordingly, information around changes to ESL and DreamHack’s Master properties schedule and festivals will be made regularly as and when required.
While MTG regrets the impact these changes will have on fans of esports, the teams and its partners, we’re confident in that the decisions made are right given the circumstances. Many countries are taking relevant precautions in order to secure public health and contain the spreading of Corona and Covid-19, and MTG together with its portfolio companies strive to support those efforts.
For more information: Lars Torstensson, EVP Communications & Investor Relations Direct: +46 (0)702-734 879, lars.torstensson (at) mtg.com
Oliver Carrà, Public Relations Director Direct: +46 708 666 433, oliver.carra (at) mtg.com
MTG (Modern Times Group MTG AB (publ.)) (www.mtg.com) is a strategic and operational investment holding company in esports and gaming entertainment. Born in Sweden, the shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).