Esports Entertainment Group (EEG) has undertaken its first investment since refocusing its commercial outlook and strategy to orient around B2B operations back in April. The company has signed a binding letter of intent with Drafted.gg to secure a 30% minority stake in the Czech Republic-based esports content producer. This will be followed up by a revenue share agreement and continuing …
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Esports Entertainment Group (EEG) is confident of its cost reduction abilities despite a sharp fall in revenue in the 2023 fiscal year, as it continues to navigate an extensive corporate restructuring. The company reported overall revenue of $23m between July 2022 and June 2023, a drop of 60% from $58.4m recorded the year prior. On the other hand, its net …
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Igaming software supplier Delasport has announced today that it will partner with Esports Entertainment Group (EEG). Under the terms of the collaboration, the firm will power up three of the gaming and online betting group’s brands with its plug and play sportsbook iframe. They comprise JustWow.com, CasinoJefe.com, and Vie.bet. In a statement confirming the deal, Delasport said it will “support …
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Esports Entertainment Group (EEG) has announced the addition of Robert Soper to its Board of Directors. Labelled a ‘renowned resort and gaming industry executive’, Soper brings over two decades of experience in the resort and gaming industry, having overseen the development of numerous projects ‘from the ground-up’. Alex Igelman, CEO of Esports Entertainment Group, stated: “I am honoured to welcome …
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Damian Mathews has taken on additional responsibilities on the Board of Esports Entertainment Group (EEG), reassuming his former position of Chief Operating Officer. New Zealand-based Matthews has been a member of the EEG Board in a part-time capacity since June 2020 and stepped up to full-time Chief Financial Officer duties in April 2022. In June 2022 he became COO before …
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Esports Entertainment Group (EEG) intends to take big steps forward on B2B operations, the group’s CEO informed investors, whilst also working to further cut down operating expenses. Addressing EEG shareholders after a troubled 2022, which saw the esports group offload some key assets to streamline operations and reduce costs, Alex Igelman asserted that the firm’s efforts have enabled it to …
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The former CEO of Esports Entertainment Group (EEG), Grant Johnson, has launched a lawsuit against the company with New York courts, claiming wrongful termination of his position. Filed in the New York District Court, the legal challenge claims over $1m in compensation and 200,000 shares in EEG stock due to the company terminating Johnson’s employment immediately and failing to provide …
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Alex Igelman has been confirmed as the new CEO of Esports Entertainment Group (EEG), ending a short recruitment search after the departure of Grant Johnson. He will assume leadership of the firm, headquartered in St. Julians, Malta but active throughout Europe and North America, alongside Chair Jan Jones Blackhurst, former Las Vegas Mayor and Executive Vice President of Caesars Entertainment. …
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Esports Entertainment Group (EEG) has confirmed major senior leadership changes, as industry veteran Jan Jones Blackhurst takes the Chair on the firm’s Board. The former Mayor of Las Vegas and ex-Executive Vice President of Caesars Entertainment assumes the position at the St. Julian’s, Malta-based esportsbook operator following the removal of Grant Johnson as Chairman and CEO on 3 December. Following …
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Vie.gg, an esports-focused betting site operated by international firm Esports Entertainment Group (EEG), has closed down three jurisdictions. The company informed customers in the UK, New Jersey and Spain that the Vie.gg sportsbook webpages in these locations would close down on 1 November. “Dear Patron. We have made the difficult decision to close Vie.gg. The site will remain open until …
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