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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Newly Nasdaq-listed online gambling group Esports Entertainment Group has signed a ‘letter of intent’ (“LOI”) to acquire the competitive gaming live and digital events and tournaments organiser Esports Gaming League (EGL). This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. The UK-based esports company, founded in 2010, serves a rapidly expanding community …
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Argyll Entertainment has bolstered all of its core components related to customer onboarding, verification and affordability by partnering with compliance single-platform supplier TruNarrative. The compliance partnership has been formed as Argyll, the operating firm of online bookmakers SportNation and RedZone Sports, seeks to meet changing UKGC demands and provisions on player verification, affordability assessments and monitoring of transactional engagements. Declared …
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Esports Entertainment Group has finalised its acquisition of online sportsbook and casino operator Argyll Entertainment AG for an undisclosed sum. As part of the takeover, Esports Entertainment Group has purchased Argyll’s parent company LHE Enterprises in addition to its operating subsidiaries. “Acquisitions are an important component of our growth strategy and completing our first acquisition as a NASDAQ company is …
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The newly formed Esports Entertainment Group has strengthened its executive leadership ranks after confirming the appointment of Jeff Cohen as Vice President of Strategic Planning and Investor Relations. A seasoned Wall Street executive, Cohen is the former equity analyst lead for private investment fund Stephens Inc, covering esports, gaming and further entertainment sectors. Cohen has maintained further IR experience having …
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Esports Entertainment Group has signed a definitive agreement to acquire online sportsbook and casino Argyll Entertainment, with the transaction due to be finalised ‘on or before July 31’. The group had previously expressed its intention to acquire Argyll’s parent company LHE Enterprises back in May, with the move forming part of Esports Entertainment Group’s expansion into the traditional betting space. …
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Esports Entertainment Group has strengthened its leadership team after appointing Magnus Leppäniemi as the new Vice President of Marketing and Head of Esports of its flagship brand, Vie.gg. Leppäniemi joins Vie.gg after amassing more than 20 years of sales and marketing experience from across the gaming industry. “Magnus is a proven marketing executive with invaluable knowledge of the gaming and …
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Esports Entertainment Group has confirmed that it has begun onboarding new affiliate marketing partners on to its newly relaunched VIE.gg esports betting platform. The new affiliate partners will include esports teams, influencers, streamers, leagues, and super affiliates from Asia, Europe, North America and South America. “Our Affiliate partners are a very important part of our organic growth strategy in 2020 …
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Esports Entertainment Group has submitted an application to list its common shares across the NASDAQ Capital Market which will see the operator use the generated funds to support its Malta gaming licence application. The esports betting operator is yet to confirm just how many securities will be offered on the market, as well as the type to be listed, with …
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Esports Entertainment Group has announced affiliate marketing agreements with eleven esports teams. The deals come shortly after the Group launched its new esports wagering platform, entitled VIE. The affiliate esports teams involved are myRevenge, E’DRAGONS, Proud-Gaming, Aurales, Aequitas Esport, Eronic E-Sport, UAC eSports, Tigers-Roar, Esmaticx, GoasHax, Revise’Gaming. Grant Johnson, CEO of Esports Entertainment Group, said: “We are so pleased to …
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