D11 Gaming Hub and RightBridge Venture Group (NASDAQ:RIGHTB) signs contract to deliver Bahrain’s first esports and gaming creative hub.
D11 Gaming Hub WLL (D11 Hub), a subsidiary of Dadabai Holding WLL, and RightBridge Ventures Group (”RightBridge Ventures”) are pleased to announce the signing of a service agreement contract (the “Agreement”) to RightBridge to contribute to the creation, development and operations of a creative digital hub that includes an esport and gaming centre in Dana Mall (the “Project”).
D11 Gaming & Esports Company WLL’s (“D11 Gaming”) and D11 Hub (the offline element D11 Gaming ecosystem) both founded by Dadabai to build, develop and operate a digital creative hub to offer gamers in the region a state-of-the-art center of esports and gaming business and entertainment excellence.
The value of the Contract is approximately 18 million SEK for a period of 3 years of those approximately 5 million SEK for the first 12 months. The scope of the Contract to be delivered by RightBridge Ventures and its portfolio companies includes access to gaming equipment and supporting software, business innovation, marketing and PR, gaming coaching, and access to global practices.
"We are excited to partner with RightBridge Ventures to bring international experience and expertise to the region," said Mohammed Zulaikh, CEO of D11 Gaming. "Their expertise and knowledge in the esports and gaming industry will help us to deliver a world-class gaming experience to our customers."
"We are delighted to partner with D11 Hub for this exciting project," said Carlos Barrios, CEO RightBridge Ventures Group. "Our team is committed to delivering to the highest standards and helping D11 Hub achieve their goals."
The Contract is part of the previously announced collaboration between RightBridge Ventures and Dadabai Holding WLL, .
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For further questions, please contact:
Carlos Barrios - CEO RightBridge Ventures Group AB
Telefon: +46 705 112579
E-post: carlos.barrios@rightbridge.se
About RightBridge Ventures Group AB
RightBridge Ventures is a compounder and investment company based in Stockholm (Sweden) dedicated to investing in companies that shape the future of esports and gaming as part of the digital media and entertainment industry. For more information visit www.rightbridge.se or get updates by following us on Twitter on Instagram and LinkedIn.
RightBridge Ventures Group AB (publ)'s shares are traded on the Nasdaq First North Growth Market and Amudova AB is a Certified Adviser.
About D11 Gaming Hub WLL
The D11 Hub is a ground-breaking response to the rising popularity of casual and competitive video gaming, where players of all ages can take part in regular esports competitions and events while enjoying high-end gaming experiences. D11 Hub is equipped with high-end PCs, gaming consoles, a private team practice room, a production room, a video studio, and an academy to train in all aspects of the ecosystem of the gaming sector.
About Dadabai Holding WLL
Dadabai Holding WLL is a family investment and operating group based in the Kingdom of Bahrain. The company is actively present across the Middle East and North African region and is focused on investing in emerging industries and technologies.
About D11 Gaming & esports Company WLL
D11 Gaming was created to provide a single destination where Gamers can MEET, PLAY, EARN and LEARN. Its platform is capable of connecting gamers across PC, console and mobile with esports activation across various esports titles and casual games. D11 Gaming focuses on creating and engaging the gaming community with a chance to compete with the best players in the region, win tournaments / challenges and earn attractive rewards.