Champion Gaming Group Inc. has renewed a contract with one of its key customers The renewal agreement marks a continuation of specialized consulting services provided by EdjSports related to the development of model and code enhancements, a copy of which is owned by the Customer and is being used in sports market making services. The agreement provides for a one-time cash payment of $445,243 upon execution, which includes a portion of fees for
services provided in the normal course and a portion of fees for the transition and solicitation of certain EdjSports employees by the Customer over the first half of the year. The term of the agreement shall run through the earlier of February 11, 2023 or the date at which EdjSports and Customer mutually agree the transition is complete.