Hall of Fame Resort & Entertainment Company Completes Merger, Creating a Premier Sports, Entertainment and Media Enterprise Centered on the World’s Largest Source of Professional Football Information.
CANTON: HOF Village LLC, the owner of the multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame in Canton, Ohio, announced the completion of its previously announced business combination with Gordon Pointe Acquisition Corp (GPAQ).
The resulting company is named Hall of Fame Resort & Entertainment Company and its common stock and warrants are expected to trade on the NASDAQ Capital Market.
The transaction creates a premier sports, entertainment and media enterprise surrounding the Pro Football Hall of Fame that is poised to capitalize on its unique partnership with the most dominant professional sports brand in the country and its direct access to the Pro Football Hall of Fame’s library of never-before-seen footage and memorabilia.
The combined public company will continue to develop an immersive, multi-use destination resort in Canton, Ohio named the Johnson Controls Hall of Fame Village, and a media program that unifies live entertainment and experiences, fantasy sports and eGaming with partners and content from some of the most powerful and storied brands in football, including the NFL Alumni Association and the Pro Football Hall of Fame.
James J. Dolan, Chief Executive Officer and Chairman of GPAQ, commented, “Mike Crawford and his team possess a unique ability to develop this destination resort and entertainment enterprise. Mike’s extensive background working for some of the most popular brands in leisure tourism positions him to capitalize on professional football’s powerful brand and passionate fan base. We are excited to be part of The Hall of Fame Resort & Entertainment Company’s next steps as it continues to create a special destination and enterprise that diversifies the Company’s capabilities across media, gaming and fantasy on a global level as a dynamic public company.”
“The Hall of Fame Resort & Entertainment Company is poised to produce substantial growth by combining an experiential, sports-themed destination resort with our direct access to one of the world’s largest collections of football memorabilia, which presents tremendous opportunities to engage football fans around the world,” said Mr. Crawford.
“As a public company, we will have greater flexibility to execute on our integrated business model and produce exclusive football-focused programming, distribute original content across the media landscape, and expand into fantasy sports and eGaming, among other high-growth opportunities. This significant milestone has been made possible by the hard work and dedication of our committed team and the support of our shareholders, and I look forward to working with them to continue to build the Company and its multiple revenue streams.”
