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ESE Entertainment Inc. is a Canadian-based company that recently sold its wholly owned subsidiaries, Digital Motorsports (DMS) and Frenzy. The sale of these non-core assets generated a significant premium in the esports industry, indicating the willingness of esports mega-companies to pay for strategic acquisitions in the gaming industry. The CAD$41 million (about $30.4 million) generated from the sale of DMS and Frenzy could allow ESE to pursue growth and expansion opportunities. This could be vital in capitalizing the company for future business and capitalizing on challenging macroeconomic conditions.

The gaming industry is growing continuously, and it presents additional opportunities for companies like ESE. According to Newzoo, a report on gaming, the global games market is expected to grow to $217.9 billion in 2023, up from $157.3 billion in 2020, presenting a compound annual growth rate (CAGR) of 9.2%.