Tag Archives: Aaron Speach

EBET cuts headcount by 54% to prioritise igaming profitability

SBC News EBET cuts headcount by 54% to prioritise igaming profitability

EBET Inc has initiated a corporate restructuring plan to improve the long and short-term profitability of its business.  In a statement announced ahead of its Q3 earnings call, the Global Nasdaq listed operator disclosed that it had undertaken “a series of measures to enhance the profitability of its newly acquired igaming assets as well as its existing esports products”. Headline …

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The Game is on in the ‘Sports Betting Zone’: insights and products from the sports betting industry giants

SBC News The Game is on in the 'Sports Betting Zone': insights and products from the sports betting industry giants

The ‘Sports Betting Zone‘ at SBC Summit Barcelona will introduce visitors to the key decision-makers from major international operators and allow them to get a glance at the next generation of sportsbook products and services in the dedicated exhibition area.  On the conference side, the ‘Sports Betting Stage‘ will give the floor to some of the most influential figures in …

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EBET attributes 166% quarterly revenue rise to European expansion

SBC News EBET attributes 166% quarterly revenue rise to European expansion

Esports betting operator EBET has reported a quarter-on-quarter revenue increase of 166%, shortly after rebranding from its former identity as Esports Technologies.  As of 31 March 2022, EBET’s Q1 revenue stood at $19 million, with a gross profit of around $7 million and a cash position of $7.1 million – figures the firm attributed to acquisitions in the European sports …

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Esports Technologies rebrands as EBET to reflect multi-product vision

SBC News Esports Technologies rebrands as EBET to reflect multi-product vision

In a bid to better reflect its corporate mission and the young demographic audience it targets, Esports Technologies has rebranded as EBET. The new corporate identity has been chosen to showcase the company’s expanded services, which now includes traditional sports and casino games alongside its flagship esports offering.  Additionally, the firm has also stated the rebrand better reflects its target …

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Esports Technologies multiplies Euro presence by completing Aspire B2C takeover 

SBC News Esports Technologies multiplies Euro presence by completing Aspire B2C takeover 

Esports Technologies Inc has completed its deal to acquire Aspire Global’s B2C assets for $76 million (€68m). The transformative acquisition will see Esports Technologies significantly expand its igaming portfolio to include the online casino and sportsbook brands of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777 and GenerationVIP. In addition, Esports Technologies will advance its European market profile by securing online gambling …

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Esports Technologies acquires Aspire Global’s B2C division

Esports Technologies acquires Aspire Global’s B2C division

Esports Technologies Inc has entered a definitive agreement to acquire the B2C business of Aspire Global for an agreed valuation of $75.9 million. The US Nasdaq technology group will undertake its biggest M&A to date, agreeing to pay $58.3 cash for Aspire’s B2C portfolio, with the remainder of the transaction paid by a $11.7 million promissory note and $6 million …

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