GameWorks, Inc. Strengthens Senior Management Team with Three Key Executive Appointments

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GAMEWORKS, INC. STRENGTHENS SENIOR MANAGEMENT TEAM WITH THREE KEY EXECUTIVE APPOINTMENTS

Expansion of Management Team to Support and Fuel Company’s Growth; Focus on Esports Leadership Position and Integrated Entertainment Offering

            SAN FRANCISCO … January 28, 2019 … GameWorks, Inc., a full entertainment and dining experience for millennials, teens and families with seven locations nationwide, announced today the appointment of several key executives to its senior management team.

            Jonathan Tang was appointed to the post of chief financial officer, responsible for leading and managing all financial functions of the Company. With more than 25 years of diverse finance and professional services experience, Tang has worked with companies spanning the technology, software/SaaS, e-commerce, social media, gaming, life science, renewable energy, real estate, and consumer products sectors. Prior to joining GameWorks, Tang led finance, administration, tax and treasury, risk management, regulatory compliance and human resources while serving as chief financial officer and chief compliance officer for Greenoaks Capital, a leading San Francisco-based investment firm. Concurrently, he was also chief financial officer of Greenoaks Global Holdings, a London-based group offering insurance solutions in emerging markets. Previously, Tang spent seven years at Deloitte in various roles, including international tax partner and senior manager in the Silicon Valley office. Tang spent the formative years of his career at PricewaterhouseCoopers in San Francisco, where he began as an associate. Eventually, he made his way to the Silicon Valley office where he left as a director. Over the course of his extensive career, Tang has served clients of all sizes and stages of life, advising management as they navigated periods of growth and transformational change.

GameWorks also promoted Company and entertainment industry veteran Darren Des Roches to the role of chief operating officer. In this capacity, Des Roches oversees day-to-day operations at GameWorks’ venues. During his 15-year tenure with GameWorks, Des Roches also held the position of senior vice president of operations as well as area director. Des Roches, with 35 years of hospitality experience, worked in various roles at JBC Entertainment, a food and entertainment operator of family entertainment centers across the U.S. He also was a founding partner in La Costa Restaurants Corporation, a Canadian-based Mediterranean fine dining concept.

Concurrently, Michael Sadowski, who has 20 years of experience in marketing, analytics, operations and finance across multiple industries, was named to the newly created position of chief marketing officer. He will focus on leveraging data and technology to enhance the guest experience — particularly for new and innovative esports and video gaming — further optimizing all the entertainment options GameWorks has to offer. Prior to joining GameWorks, Sadowski was vice president of operations and general manager for Kelley Blue Book Co., Inc. (KBB), a brand within

Cox Automotive. He was responsible for the KBB brand performance and overall business operations. Earlier, in various roles, he led the marketing, analytics, sales operations and finance organizations. Before KBB, Sadowski was vice president of finance for Quality Systems, Inc., a publicly traded healthcare IT company, where he led the financial planning and analysis, mergers and acquisitions and treasury functions. Sadowski began his career with GE, serving in multiple divisions and various functions.

“We are fast-assembling a strong management team of seasoned executives, each of whom bring extensive related career experience and talent to the Company. All of these professionals possess the necessary background and knowledge needed to grow this Company quickly and profitably. Jonathan, Darren and Mike bring distinct business acumen and niche specialties to their roles, which will prove to be significant as we position GameWorks and our brand for the future,” said Philip N. Kaplan, chief executive officer at GameWorks.

“In just a few short months since announcing new leadership and ownership, we have implemented certain strategic growth initiatives and already made great strides to quickly and positively impact awareness of our brand. Our strong senior management team will serve as the springboard for taking this Company to the next level as we further emphasize the major elements that comprise our integrated entertainment model: games, esports, food and drinks. We look forward to the contributions the team will make toward enabling GameWorks to capitalize on many of the emerging aspects within the entertainment business, including the burgeoning market and demand for esports along with the ever-increasing popularity of video games overall,” Kaplan concluded.

Tang is a licensed Certified Public Accountant in California and Washington. He holds both a Bachelor of Science (Cum Laude) in accounting and a Master of Accountancy in taxation from Brigham Young University. Sadowski holds a Bachelor’s degree in business administration from University of Massachusetts and a Master’s degree in business administration from University of Southern California.

About GameWorks, Inc.

GameWorks, Inc. offers a full entertainment and dining experience for millennials, teens and families, from seven locations nationwide, including those in Chesapeake, Va. (Norfolk), Denver, Las Vegas, Minneapolis (Mall of America), Newport, Ky. (Cincinnati), Schaumburg, Ill. (Chicago) and Seattle. Each action-packed location ranges, on average, from between 20-30,000 square feet and features approximately 140 of the most popular arcade and video games. Other interactive activities, ranging from laser tag, billiards and other special attractions, are offered at various locations. Every location features The Works Kitchen at GameWorks, a new, eclectic, chef-driven restaurant concept that takes a Modern American spin on bar classics.

GameWorks is recognized nationally for its esports, which take place in its esports Lounges, attracting 80,000+ guests annually who participate in or watch tournaments.

GameWorks also operates TableTop Tap House, a top-rated restaurant, sports bar and social game hall serving modern American tavern-style food and drinks in San Francisco.

For more information, please visit www.gameworks.com, or connect with the Company on LinkedIn, Twitter and Facebook.

GameWorks, Inc. Forges Partnership with SCCG Management to Bring Esports to the Casino Industry

JANUARY 19, 2019

For Further Information, Contact:
Susan Turkell, 303-766-4343,
[email protected]

Play by GameWorks Venue-based, Peer-to-Peer Wagering Concept Developed to Cater to Growing esports Demand

SAN FRANCISCO … January 19, 2019 … GameWorks, Inc., a full entertainment and dining experience for millennials, teens and families with seven locations nationwide, announced today the Company has entered into a partnership agreement with SCCG Management, a full-service management consultancy focused on the casino industry, to bring venue-based, peer-to-peer wagering esports Lounges to casinos nationwide. Under the agreement, the companies will offer casino operators an opportunity to seamlessly introduce esports to their guests, allowing them to compete in esports games of skill while also enjoying an upscale culinary experience.

The new venue-based concept, Play by GameWorks, is a distinctive opportunity that allows players to add skill-based, peer-to peer-wagering and custom betting capabilities to a variety of popular PC and console games. Each 10-12,000 square-foot Play by GameWorks esports Lounge will boast 20-40 PCs and consoles and an extensive library of approximately 100 of the most popular video games, and the ability to run significantly larger tournament events. Every Play by GameWorks will also host a 100-seat restaurant, The Works Kitchen at GameWorks, GameWorks’ recently unveiled chef-driven, Modern American restaurant, showcasing upscale, eclectic food and drink specialties that take a contemporary approach to traditional favorites.

Play by GameWorks will feature an engaging atmosphere that appeals to both women and men, ages 21 and over, including social as well as pack-oriented gamers, local-area gaming enthusiasts and destination guests. Lounges also will offer a range of event-based programming to further join together the gaming communities in each of the markets Play by GameWorks will serve.

Leveraging the popularity and long-standing reputation of the GameWorks brand with the casino industry expertise of SCCG Management, which specializes in strategic business development within international land-based casino, internet gambling, gaming, esports and entertainment markets, Play by GameWorks is expected to initially launch its flagship location in Las Vegas.

Play by GameWorks esports Lounges will typically accommodate up to 100 guests, with its multiple personal play stations and several large couches, providing ample, comfortable seating for gamers and spectators alike. To further enhance game play, guests can order food and drinks from The Works Kitchen at GameWorks’ diversemenudirectly to their seats.

“Esports, or competitive video gaming, is an enormous, ever-increasing global activity. For the first time, through our joint offering with SCCG Management, Play by GameWorks will afford the casino industry the ability to allow people to play competitively through peer-to-peer wagering, in a safe, enjoyable and lively environment. Our new Play by GameWorks concept combines all the elements of competitive gaming, with food and atmosphere, offering a complete entertainment opportunity for those 21 and over. The casino of the future should feature competitive esports in the same way it incorporates poker or progressive slot machines, and with Play by GameWorks, that’s exactly what we’ve created. We are very excited about working closely with casinos to help them rapidly penetrate the burgeoning esports marketplace with this innovative turn-key concept,”explained Philip N. Kaplan, chief executive officer at GameWorks.

Stephen A. Crystal, managing director at SCCG Management, added: “Play by GameWorks combines SCCG’s deep domain expertise in casino operations with GameWorks’ best-of-breed esports operational experience. Together, we immediately present casino operators an easy and complete approach to capitalize on the fast-emergence of esports, consistent with our industry business model, through our new cutting-edge lounges.”

Esports is well-positioned for significant worldwide growth. According to IDG Consulting, a specialty research, consulting and data analytics firm focused on gaming and esports, the global digital gaming industry is expected to increase 17 percent year-over-year and reach $138 billion in 2018. IDG expects the market to grow at a five-year compounded annual growth of eight percent and hit $177 billion by 2022.

About SCCG Management

SCCG Management, a full-service management consultancy led by Stephen A. Crystal, specializes in investment in, and development of, worldwide brands, representation before governmental agencies for complex regulatory matters, intellectual property, and strategic business development within international land-based casino, internet gambling, gaming, esports and entertainment markets. To learn more, follow Crystal on LinkedIn, Twitterand Instagram.

About GameWorks, Inc.

GameWorks, Inc.offers a full entertainment and dining experience for millennials, teens and families, from seven locations nationwide, including those in Chesapeake, Va. (Norfolk), Denver, Las Vegas, Minneapolis (Mall of America), Newport, Ky. (Cincinnati), Schaumburg, Ill. (Chicago) and Seattle. Each action-packed location ranges, on average, from between 20-30,000 square feet and features approximately 140 of the most popular arcade and video games. Other interactive activities, ranging from laser tag, billiards and other special attractions, are offered at various locations. Every location features The Works Kitchen at GameWorks,a new, eclectic, chef-driven restaurant concept that takes a Modern American spin on bar classics.

GameWorks is recognized nationally for its esports, which take place in its esports Lounges, attracting 80,000+ guests annually who participate in or watch tournaments.

GameWorks also operates TableTop Tap House, a top-rated restaurant, sports bar and social game hall serving modern American tavern-style food and drinks in San Francisco.

For more information, please visit www.gameworks.com, or connect with the Company on LinkedIn, Twitterand Facebook.

GameWorks, Inc. Completes Rollout of eSports Lounges across All Venues; Solidifies Leadership Role in eSports Locations, Based on National Footprint

FOR IMMEDIATE RELEASE
JANUARY 14, 2019

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Susan Turkell, 303-766-4343,
[email protected]

 

GAMEWORKS, INC. COMPLETES ROLLOUT OF eSPORTS LOUNGES ACROSS ALL VENUES;

SOLIDIFIES LEADERSHIP ROLE IN eSPORTS LOCATIONS, BASED ON NATIONAL FOOTPRINT

 

Company’s 20-year Gaming History and Proven Entertainment Reputation Position it for eSports Leadership

 

SAN FRANCISCO … January 14, 2019 … GameWorks, Inc., a full entertainment and dining experience for millennials, teens and families with seven locations nationwide, announced today the rollout of eSports Lounges in four additional sites, making it the national leader in eSports venues.

To complement the GameWorks locations already operating eSports Lounges, including Las Vegas, Denver and Seattle, effective in the 2019 first quarter, every GameWorks venue will become fully equipped with eSports Lounges. New eSports locations will be operational as follows:

  • Chesapeake, Va. (Norfolk/Virginia Beach) – February 28, 2019
  • Schaumburg, Ill. (Chicago) – March 7, 2019
  • Minneapolis, Minn./Mall of America – March 14, 2019
  • Newport, Ky. (Cincinnati) – March 20, 2019

With its modern, high-tech and high-touch eSports Lounges, GameWorks has created an atmosphere designed to meet the comfort and optimum performance of gamers. Each full-service, premium GameWorks eSports Lounge is equipped with, on average, 20-40 PCs and consoles and an extensive library of approximately 100 of the most popular video games, which is continuously updated. Players can engage in play with one another casually or participate in any of the estimated 200 tournaments held at GameWorks’ locations monthly. The expansion to all seven GameWorks locations is expected to attract players and enthusiasts to the numerous individual local and regional tournaments each venue will host. With Lounges open in every venue, eSports teams, leagues and game publishers can host tournaments in all time zones. Oftentimes, these events are streamed onto live streaming platforms such as Twitch, providing connectivity with many other gamers in real time.

“eSports is rapidly gaining momentum worldwide. As an established leader in competitive gaming and entertainment, GameWorks is well positioned to capitalize on this burgeoning space. Our strong foothold in eSports – now that we’ll have Lounges in every location – further strengthens our leadership position and will serve as a springboard for future growth. We are evolving right alongside this exciting new world of eSports, and by partnering with best-of-breed eSports industry constituents – publishers, players and leagues – we’re bringing players and spectators exactly what they want. We’re completely focused on catering to our guests,

and have created engaging, inviting and comfortable spaces, allowing us to further elevate the overall eSports experience at all our stores. The expansion of our eSports Lounges makes GameWorks the preferred destination for eSports gamers and enthusiasts alike,” said Philip N. Kaplan, chief executive officer at GameWorks.

eSports Lounges at GameWorks typically accommodate up to 100 guests, and feature multiple personal play stations and several large couches, providing ample, comfortable seating for gamers and spectators alike. To further enhance game play, guests can order food and drinks from GameWorks’ new Modern American restaurant, The Works Kitchen at GameWorks, which are delivered directly to their seats. The Works Kitchen at GameWorks’ diverse menu includes an upscale food offering that takes a contemporary approach to traditional favorites across a large variety of appetizers, handhelds (specialty burgers and sandwiches), salads and desserts. Opened only since October 2018, The Works Kitchen at GameWorks has already been very well received by guests, and is quickly becoming recognized for its infamous Works Burger and extraordinary, mouth-watering milkshakes, among other specialties

“With a 20-year track record and solid reputation in the gaming and entertainment space, we’re leveraging our leadership position in competitive play, arcade games, food and entertainment. GameWorks is the only entertainment concept that now offers an entirely integrated entertainment experience, combining the popularity of eSports with the most in-demand arcade and redemption games, exceptional prizes and an eclectic, chef-driven restaurant. It’s truly an exciting and transformative time for our Company and the industry,” Kaplan concluded.

According to IDG Consulting, a specialty research, consulting and data analytics firm focused on gaming and eSports, the global digital gaming industry is expected to increase 17 percent year-over-year and reach $138 billion in 2018. IDG expects the market to grow at a five-year compounded annual growth of eight percent and hit $177 billion by 2022.

Yoshio Osaki, president and chief executive officer of IDG Consulting, added: “GameWorks’ national eSports platform further extends the Company’s ability to capitalize on the booming eSports industry and affords it many opportunities for leading the way in this marketplace. With a national footprint and the capabilities to continue to expand, no other entity has the breadth and depth that GameWorks has within its Lounges and across its national eSports platform. GameWorks combines unparalleled industry experience, massive space and state-of-the-art technology, all key components necessary for leading the way in terms of hosting tournaments and special events of any size and becoming the go-to entertainment space that can continue to meet the evolving needs of gamers.”

GameWorks eSports Lounges can be rented privately for events, such as local tournaments and birthday parties, as well as youth group or school overnight lock-ins, just to name a few.

About GameWorks, Inc.

GameWorks, Inc. offers a full entertainment and dining experience for millennials, teens and families, from seven locations nationwide, including those in Chesapeake, Va. (Norfolk), Denver, Las Vegas, Minneapolis (Mall of America), Newport, Ky. (Cincinnati), Schaumburg, Ill. (Chicago) and Seattle. Each action-packed location ranges, on average, from between 20-30,000 square feet and features approximately 140 of the most popular arcade and video games. Other interactive activities, ranging from laser tag, billiards and other special attractions, are offered at various locations. Every location features The Works Kitchen at GameWorks,a new, eclectic, chef-driven restaurant concept that takes a Modern American spin on bar classics.

GameWorks is recognized nationally for its eSports, which take place in its eSports Lounges, attracting 80,000+ guests annually who participate in or watch tournaments.

GameWorks also operates TableTop Tap House, a top-rated restaurant, sports bar and social game hall serving modern American tavern-style food and drinks in San Francisco.

For more information, please visit www.gameworks.com, or connect with the Company on LinkedIn, Twitter and Facebook.

 

GAMEWORKS, INC. FURTHER INVESTS IN THE MOST POPULAR GAMES AS PART OF NEW STRATEGIC FOCUS

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NOVEMBER 5, 2018

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GAMEWORKS, INC. FURTHER INVESTS IN THE MOST POPULAR GAMES AS PART OF NEW STRATEGIC FOCUS

Company to Further Elevate its Guests’ Experiences with Significant Investment in Popular Licensed Games

            SAN FRANCISCO … November 5, 2018 … GameWorks, Inc., a full entertainment and dining experience for millennials, teens and families with seven locations nationwide, announced today its considerable investment in some of the most popular arcade games across all its venues. As a result of this corporatewide strategic initiative, GameWorks will now have among the largest collection of in-demand, licensed games available today.

            In keeping with its mission to ensure guests have fun and are able to play the most current games, GameWorks has added dozens of licensed interactive titles across all its venues. These include Big Buck HD, Injustice Arcade, Ticket Time and Cruis’n Blast, just to name a few. With the addition of these enhancements to the game floor, each GameWorks location will boast, on average, approximately 140 game titles.

“At GameWorks, we are always focused on ensuring our guests have a great time with us. We want them to have an engaging, fun and unforgettable visit every time, and we offer many options from which to choose. Whether playing a wide range of the latest games or laser tag, participating in or watching eSports from our eSports Lounges, choosing from our wide array of exciting redemption prizes, or enjoying food and drinks in our new, modern American restaurant, The Works Kitchen at GameWorks, GameWorks has something for everyone. We will continue to build upon this broad offering as we strive to be the best entertainment destination for our guests,” explained Philip N. Kaplan, chief executive officer at GameWorks.

“In addition to the latest arcade games, GameWorks is leading the way as the first national eSports brand. To this end, we will be expanding our eSports Lounges as part of the Company’s future growth plans. We currently host more than 100 eSports tournaments monthly at our locations, and have built a solid reputation in this rapidly growing entertainment segment amongst both players and spectators. Our eSports emphasis, coupled with our new corporate ownership, recent leadership changes and the unveiling of The Works Kitchenrestaurant concept, all demonstrate the significant investment GameWorks is making in its brand and our guests,” Kaplan added.

            Every GameWorks venue is adding a variety of new, popular licensed games, which have been introduced in each local market served.

About GameWorks, Inc.

GameWorks, Inc.offers a full entertainment and dining experience for millennials, teens and families, from seven locations nationwide, including those in Chesapeake, Va., Denver, Las Vegas, Minneapolis, Newport, Ky., Schaumburg, Ill. and Seattle. Each action-packed location ranges, on average, from between 20-30,000 square feet and features approximately 140 of the most popular arcade and video games. Other interactive activities, ranging from laser tag, billiards and other special attractions, are offered at various locations. Every location features The Works Kitchen at GameWorks,a new,eclectic, chef-driven restaurant conceptthat takes a Modern American spin on bar classics.

GameWorks is recognized nationally for its electronic sports gaming, which take place in its eSports Lounges, attracting 80,000+ guests annually who participate in or watch tournaments.

GameWorks also operates TableTop Tap House, a top-rated restaurant, sports bar and social game hall serving modern American tavern-style food and drinks in San Francisco.

For more information, please visit www.gameworks.com, or connect with the Company on LinkedIn, Twitterand Facebook.

GameWorks makes glow stick donation to local communities for Halloween

              

OCTOBER 24, 2018
For Further Information, Contact:
Susan Turkell, 303-766-4343
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GAMEWORKS, INC. TO DONATE NEARLY 20,000 GLOW STICKS TO KEEP CHILDREN SAFE DURING HALLOWEEN 

Company to Disperse Glow Stick Donation Across the Seven Markets it Serves Nationwide 

            SAN FRANCISCO … October 24, 2018 … GameWorks, Inc., a full entertainment and dining experience for millennials, teens and families with seven locations nationwide, announced today that it is donating approximately 20,000 glow sticks to help keep children safe and visible this Halloween.

The glow sticks are being distributed to local law enforcement agencies, schools, events and community centers and programs in preparation for Halloween throughout the seven markets GameWorks serves nationwide.

In addition, for those that choose to spend Halloween at a GameWorks venue, double tickets will be offered all day, meaning guests have the opportunity to earn redemption prizes much faster. Additionally, kids can eat free from 4:00 PM – 8:00 PM.

“Community service is an important corporatewide initiative at GameWorks, and this glow stick giveaway is another example of how important our local guests are to us and how we strive to positively impact the communities in which we operate. The glow sticks are designed to help illuminate and identify children at night to aid in keeping them safe and visible,” noted Philip Kaplan, chief executive officer at GameWorks.

“At GameWorks, we are all about fun. By distributing glow sticks throughout the communities we serve, we are helping ensure children have a fun night while they trick or treat safely in their local neighborhoods. If our guests choose to visit GameWorks anytime on Halloween, they can also enjoy special offers and promotions while remaining safe indoors,” Kaplan said.

About GameWorks, Inc.

GameWorks, Inc.offers a full entertainment and dining experience for millennials, teens and families, from seven locations nationwide, including those in Chesapeake, Va., Denver, Las Vegas, Nev., Minneapolis, Newport, Ky., Schaumburg, Ill. and Seattle. Each action-packed location ranges, on average, from between 20-30,000 square feet and features more than 120 of the latest, most popular arcade and video games. Other interactive activities, ranging from laser tag and state-of-the-art bowling alleys to billiards and attractions, are offered at various locations. Every location features The Works Kitchen at GameWorks, a new, eclectic, chef-driven restaurant concept that takes a Modern American spin on bar classics.

GameWorks is recognized nationally for its electronic sports gaming, which take place in its eSports Lounges, attracting 80,000+ guests annually who participate in or watch tournaments.

GameWorks also operates TableTop Tap House, a top-rated, popular restaurant, sports bar and social game hall serving modern American tavern-style food and drinks in San Francisco.

For more information, please visit www.gameworks.com, or connect with the Company on LinkedIn, Twitter and Facebook.