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Today is a tough day for investors of Esports Entertainment (NASDAQ: GMBL ). As it turns out, the company revealed yesterday that it's planning a public offering of its common shares.
Esports Entertainment Group Inc has raised net proceeds of US$13.6 million after completing a previously-announced public offering of 15 million shares of common stock and accompanying warrants. The company sold 15 million shares of common stock and warrants to purchase 15 million shares of common stock for a combined effective offering price of $1.00, with each common share accompanied by a wa...
Esports Entertainment Group Inc has announced that GAMMAX, a Netherlands-based gaming and esports startup, has agreed to become the exclusive distributor of its revolutionary new OMEGA solution for the Dutch market. The company said OMEGA will also be installed in GAMMAX Gaming & Esports Centers and leisure locations across the Netherlands over the next five years, with the expectation of multi...
Esports Entertainment Group Inc said revenue in the second quarter of its fiscal year 2022 jumped nearly 18.85% year-over-year despite the ongoing challenges of the global pandemic. The Hoboken, New Jersey-based full stack esports and online gambling company expects FY22 net revenue growth to range between $70-$75 million, up 317%-347%, driven primarily by the platform-building and strategic di...
Esports Entertainment Group Inc has announced that its EGL Club Clash program will be aired worldwide on EsportsTV (ESTV). EGL Club Clash gives fans the opportunity to play on behalf of their favorite professional sports organization to prove which team has the greatest gamers.
Esports Entertainment Group Inc achieved a milestone on January 24, 2022, with the launch of its first esports wagering offering in the United States following news the firm had become the first esports-dedicated operator to be granted the right to commence business in the state of New Jersey. The NASDAQ-listed company's VIE.gg proprietary betting exchange platform will allow bettors across Ne...
Esports Entertainment Group Inc is reshuffling its C-suite with the addition of Stuart Tilly as the gaming company's new chief operating officer. Tilly previously held the role of chief legal officer at the esports firm.
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