Page 1

November 15 , 2021 SUPER LEAGUE Super League Gaming Reports Record Third Quarter 2021 Results Quarterly Revenues up More Than 5x to $ 3.6 Million With Increases in All Primary Revenue Streams SANTA MONICA , Calif . , Nov. 15 , 2021 ( GLOBE NEWSWIRE ) -- Super League Gaming ( Super League or the Company ) ( Nasdaq : SLGG ) , a global leader in video game experiences and entertainment at the intersection of the metaverse , creator economy and gameplay content , reported recent operational developments and financial results for the third quarter ended September 30 , 2021 . Q3 Highlights and Recent Operational Developments • Revenues in the third quarter 2021 reached a record $ 3.6 million , up 402 % compared to Q3 2020 with increases in all primary revenue streams . • Advertising and sponsorships revenue increased 689 % over the prior year quarter to $ 2.4 million . • Balance sheet remains solid with $ 24.5 million of cash on hand as of September 30 , 2021 , and no debt . • Our platform serves 1.1 million creators with tools and economies , attracts 70 million monthly active players , and is on track to surpass 10 billion views in 2021 . • Successfully completed the acquisition of Bannerfy , a creator monetization and intelligent technology platform , expanding our advertising and sponsorship partner base . • Acquired Bloxbiz , the first independent in - game advertising platform designed for Roblox , enabling advertisers to reach young gamers at scale and deepening our commitment to the metaverse . • Won the 2021 Tempest Award for Best Diversity and Inclusion Initiative for Super League Arena Galentine's Games . • Advanced our partnership with Screenvision Media including the launch of Super League Spotlight , a series showcasing best in - game play highlights to movie theater audiences . Management Commentary " In the third quarter , we made tremendous progress expanding our metaverse footprint and audience reach while growing our topline revenue to a new quarterly record , ” said Ann Hand , Chief Executive Officer of Super League Gaming . " We recently made two important