MIAMI, March 07, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM), a racing game developer and publisher, announces that on February 26, 2025, the U.S. District Court for the District of Delaware (the "Court") granted the summary judgment motion in favor of Motorsport Games Inc. (the "Company") and the other defendants, the Company's former Chief Executive Officer and Executive Chairman, the Company's former Chief Financial Officer, and the Manager of Driven Lifestyle Group LLC., in the case tit ...

Core Viewpoint - Motorsport Games Inc. is enhancing "Le Mans Ultimate" with the release of new LMGT3 cars and quality of life improvements, aiming to increase player engagement and satisfaction [1][6]. Content Update - The latest update introduces three new LMGT3 cars: the Aston Martin Vantage AMR LMGT3, the Porsche 911 GT3 R LMGT3, and a free Ford Mustang LMGT3 for Early Access players [2][3]. - The update also includes significant improvements to the LMGT3 tyre model, enhancing realism and stability based on real-world data [4]. Pricing and Access - "2024 Pack 4" is available for an early access price of £5.99 / €6.49 / $6.99, with a Season Pass priced at £39.99 / €46.99 / $48.99, which includes five packs in total [5]. - The next update, "2025 Pack 5," is expected in May 2025, featuring an additional circuit and two more LMGT3 cars [5]. Company Strategy - The CEO of Motorsport Games expressed confidence that the new content and improvements will delight fans and keep them engaged, following a previous update that significantly increased player numbers and playtime [6]. - The company aims to create a virtual racing ecosystem that combines engaging video games with esports competitions [7].

Motorsport Games Inc. Announces Business Updates and Preliminary 2024 Results Motorsport Games Inc. Announces Business Updates and Preliminary 2024 Results MIAMI, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM), a racing game developer and publisher, today announced operational, financial and other business updates. Recent Highlights and Accomplishments Expected to generate fourth quarter 2024 revenues ranging from $1.8 million to $2.1 million and full year 2024 total revenues ran ...

e motorsport motorsportgames 1 Q3 2024 Results November 14, 2024 This presentation provides select highlights about Motorsport Games Inc.'s results of operations. Please see Motorsport Games' Q3 2024 Form 10-Q, filed with the SEC and Q3 2024 earnings release for more complete information on the Company's results of operations, cash flows, financial condition and liquidity. Q3 2024 Highlights Financial Highlights • Q3 2024 Revenues of $1.8 million • Q3 2024 Net Loss was $0.6 million • Q3 2024 Adjusted EBITDA ...

Motorsport Games Inc. (NASDAQ:MSGM) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Ben Rossiter-Turner - Investor Relations Stephen Hood - Chief Executive Officer Stanley Beckley - Chief Financial Officer Conference Call Participants Operator Thank you for standing by and welcome to Motorsport Games Inc. Third Quarter 2024 Earnings Call. [Operator Instructions]. As a reminder, today's conference is being recorded. I would like to turn the conference over to Ben Rossiter-T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 86-1791356 State or other jurisdiction of incorporation or organization I.R.S. Employer Identification No. 5972 NE 4th Avenue Miami, FL 33137 Address of principal executive offices Zip Code Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, $0.0001 par value per share MSGM The Nasdaq Stock Market LLC (The Nasdaq Capital Market) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT T ...

Exhibit 99.1 Motorsport Games Reports Third Quarter 2024 Financial Results MIAMI, Florida – November 14, 2024 — Motorsport Games Inc. (NASDAQ: MSGM) ("Motorsport Games" or "the Company") today reported financial results for its third quarter ended September 30, 2024. The Company has also posted the third quarter 2024 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company's investor relations website. "The business has continued to t ...

MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”) today reported financial results for its third quarter ended September 30, 2024. The Company has also posted the third quarter 2024 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company’s investor relations website. “The business has continued to take useful strides in Q3 2024 with further product updates, business st ...

MIAMI, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (“Motorsport Games” or “the Company”), a racing game developer, publisher and esports ecosystem provider of official motorsport racing series, will report its financial results for the third quarter of 2024 on Thursday, November 14, 2024 after market close. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results. Participants may access the webcast on the Company’s investor relatio ...

MIAMI, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) ("Motorsport Games" or "the Company") is announcing that the Board of Directors has authorized management to consider strategic alternatives to maximize shareholder value, including a potential sale or merger of the Company. Management is also seeking funding that would allow it to deliver on viable opportunities including bringing Le Mans Ultimate to Sony PlayStation and Microsoft Xbox gaming consoles. Le Mans Ultimate is the off ...