Why Hall of Fame Resort & Entertainment Stock Surged Today

Shares of Hall of Fame Resort & Entertainment (NASDAQ: HOFV) climbed 8% on Friday after it announced an intriguing new partnership with Esports Entertainment Group (NASDAQ: GMBL).

Hall of Fame Resort is developing a multi-use sports entertainment complex near the Pro Football Hall of Fame in Ohio. The plan includes a stadium, a waterpark, hotels, retail stores, and youth sports leagues. Hall of Fame's agreement with Esports Entertainment will allow it to add a Helix eSports entertainment center to its growing lineup of attractions.

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Source Fool.com