Tag Archives: BetTarget

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

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 expands intellectual property holdings with latest patent

Esports Technologies has filed a patent for a ‘”Financial Instrument Performance-Based Pari-Mutuel Betting System and Method’ to offer a pool betting market for its customers.  Developed by the esports betting operator with the aim of strengthening player engagement and delivering a faster betting service to its customers, the new system uses an ‘electronic betting experience’ using a group of financial …

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Esports Technologies secures UK licence following Aspire acquisitions

Following on from its acquisition of Aspire Global’s B2C assets, Esports Technologies has confirmed that it has gained a UK gambling licence under the terms of an operator services agreement. Esports Technologies, which is listed on the US Nasdaq as EBET, took over Aspire’s B2C operations for $76 million (€68m), including UK-focused online sports betting and casino brands Karamba, Hopa, …

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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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