TORONTO — October 27, 2025 Leads & Copy — Enthusiast Gaming Holdings Inc. (TSX:EGLX, Nasdaq:EGLX) rose 9.4 percent this month after reporting a rebound in digital ad revenue and announcing a strategic restructuring to streamline operations.
The Toronto-based gaming and media network said Q3 ad revenue increased 16 percent year-over-year, driven by higher engagement across its Luminosity Gaming and U.GG platforms. The company plans to divest non-core assets and consolidate its esports operations to improve profitability.
CEO Nick Brien said Enthusiast is focused on platform optimization and expanding its influencer and branded content network.
Shares are up 28 percent since August.
