Tag Archives: EBET

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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Growth hungry Esports Technologies opens Malta office 

SBC News Growth hungry Esports Technologies opens Malta office 

Esports Technologies Inc has continued its strategic expansion by announcing the opening of a ‘state-of-the-art’ office in Malta, supporting the Nasdaq group’s European growth plans. The Malta office will house the majority of Esports Technologies’ staff that directly support its European igaming operations and work closely with the Esports Technologies technology hub located in Dublin. The firm’s new Malta office …

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Esports Technologies leverages AI to enhance tournament odds

SBC News Esports Technologies leverages AI to enhance tournament odds

Esports Technologies has filed a provisional patent to leverage artificial intelligence technology in order to generate odds models for an esports betting algorithm. The AI-driven odds model would be used for esports tournaments – leveraged prior to the commencement of a competition as well as various stages throughout the event. Generation of odds will be informed by machine learning and …

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