May 25, 2021
Esports Entertainment Group (EEG) has secured definitive terms to acquire Malta-based online gambling operator Bethard Group Ltd, as the company continues to expand its European sportsbook profile. Nasdaq-listed EEG confirmed that it had reached an agreement with Gameday Group – the operating firm of Bethard – to acquire its asset for €16 million ($19.5m) cash and a guarantee of 12% …
Read More »May 18, 2021
Esports Entertainment Group (EEG) is confident of achieving its first-year trading objectives as a US Nasdaq enterprise. Publishing its Q3 trading update (period ending 31 March), EEG recorded corporate net revenues of $5.4 million – up 129% ($3m) on its Q2 2021 results of $2.4 million. Revenue growth was primarily attributed to EGG’s enlarged igaming portfolio, which saw the company …
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