Mr. Graham Simmonds reports

CHAMPION GAMING GROUP ANNOUNCES PRIVATE PLACEMENT OF UNITS

Champion Gaming Group Inc. has arranged a non-brokered private placement of up to 10 million units at a price of 7.5 cents per unit for aggregate gross proceeds of up to $750,000. Each unit shall be composed of one common share in the capital of the company and one common share purchase warrant of the company. Each warrant shall entitle the holder thereof to acquire one common share at a price of 15 cents per common share for a period of two years from the closing of the offering.

The company may pay certain eligible persons a cash commission equal to 8 per cent of the gross proceeds of the offering and broker warrants equal to 8 per cent of the number of units issued pursuant to the offering. Each broker warrant shall entitle the holder thereof to acquire one common share at a price of 15 cents per common share for a period of two years from the closing of the offering.

All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The net proceeds from the sale of the units will be used for general working capital purposes. The closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.

About Champion Gaming Group Inc.

Champion Gaming is a sports content, data and analytic company that provides predictive and prescriptive analytical models and win probability applications and statistics in the sports industry for teams, media, fans and bettors. The sports analytical and data solutions currently offered by Champion Gaming to its customers include: a fully customized probability engine, interactive sports matchup models, spread and over/under distributions, and sports statistics and historical data statistics.

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