MIAMI, March 07, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM), a racing game developer and publisher, announces that on February 26, 2025, the U.S. District Court for the District of Delaware (the "Court") granted the summary judgment motion in favor of Motorsport Games Inc. (the "Company") and the other defendants, the Company's former Chief Executive Officer and Executive Chairman, the Company's former Chief Financial Officer, and the Manager of Driven Lifestyle Group LLC., in the case titled Innovate 2 Corp., Motorsport Games Inc., et al., No. 1:21-cv-165-SB. The judgment entered by the Court held in favor of the Company and the other defendants on all counts and grante

MIAMI, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM) ("Motorsport Games" or "the Company") is today releasing the next update for "Le Mans Ultimate", the official game of the FIA World Endurance Championship and the 24 Hours of Le Mans. This latest update increases the content available to players by adding three more LMGT3 category cars along with significant quality of life improvements. Head-turning LMGT3 machinery from supercar manufacturers Porsche and Aston Martin form the contents of "2024 Pack 4". The Aston Martin Vantage AMR LMGT3 is a second-generation car from the famous British marque, ever present in sportscar racing. From Porsche, the 911 GT3 R LMGT3,

MIAMI, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM), a racing game developer and publisher, today announced operational, financial and other business updates. Recent Highlights and Accomplishments Expected to generate fourth quarter 2024 revenues ranging from $1.8 million to $2.1 million and full year 2024 total revenues ranging from $8.5 million to $8.8 million;Recorded strong revenues during December, boosted by the release of new content for Le Mans Ultimate, a title still in early access that has surpassed 100,000 net unit sales;Launched a new subscription option within our growing RaceControl platform, our online service providing multiplayer and community r

Noble Capital Markets downgraded Motorsport Games from Outperform to Market Perform

DA Davidson initiated coverage of Motorsport Games with a rating of Buy and set a new price target of $15.00

Oppenheimer initiated coverage of Motorsport Games with a rating of Buy and set a new price target of $42.00

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MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM) ("Motorsport Games" or "the Company") today reported financial results for its third quarter ended September 30, 2024. The Company has also posted the third quarter 2024 earnings slides highlighting key milestones that occurred during and subsequent to the period, which are accessible on the Company's investor relations website. "The business has continued to take useful strides in Q3 2024 with further product updates, business streamlining and in the assessment of undertaking of the previously announced ‘strategic alternatives,'" remarked Stephen Hood, President and Chief Executive Officer of Motorsport Games.

MIAMI, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM) ("Motorsport Games" or "the Company"), a racing game developer, publisher and esports ecosystem provider of official motorsport racing series, will report its financial results for the third quarter of 2024 on Thursday, November 14, 2024 after market close. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results. Participants may access the webcast on the Company's investor relations website at https://ir.motorsportgames.com under "Events." This webcast will be available live and remain accessible as a recording for 12 months following the date of the call. The ca

MIAMI, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ:MSGM) ("Motorsport Games" or "the Company"), a racing game developer, publisher and esports ecosystem provider of official motorsport racing series, will report its financial results for the second quarter of 2024 on Friday, August 9, 2024 after market close. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results. Participants may access the webcast on the Company's investor relations website at https://ir.motorsportgames.com under "Events." This webcast will be available live and remain accessible as a recording for 12 months following the date of the call. The call m

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