Tag Archives: Grant Johnson

Grant Johnson sues EEG for terminating his CEO contract

Grant Johnson sues EEG

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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EEG refreshes leadership with Alex Igelman CEO appointment

EEG refreshes leadership with Alex Igelman CEO appointment

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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EEG announces Grant Johnson departure whilst Jones Blackhurst takes on Chair duties

SBC News EEG announces Grant Johnson departure whilst Jones Blackhurst takes on Chair duties

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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Esports Entertainment ‘putting cash back in the bank’ as Vie.gg closes sites

Grant Johnson, EEG

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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EEG fights liquidity concerns following $38m esports impairment charge 

Grant Johnson, EEG

Esports Entertainment Group (EEG) has announced that it will revise its operating portfolio in order to improve its current liquidity position.  Publishing its Q3 2022 financial results, the Nasdaq-listed operator outlined that despite recording a two-fold increase in corporate revenues to $15.7m (Q3_2021: $5.3m), it faced a series of ‘near term challenges’ impacting its bottom-line performance. “Our fiscal third quarter …

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Esports Entertainment hires new CFO ahead of ‘pivotal’ year for sector

SBC News Esports Entertainment hires new CFO ahead of ‘pivotal’ year for sector

Esports Entertainment Group (EEG) has named Damian Mathews as its new Chief Financial Officer (CFO), ahead of what the appointee has described as a “pivotal and exciting” for the company. Mathews, an economics and politics graduate from the University of Bristol, is a member of Esports Entertainment’s Board of Directors and Chairman of its Audit Committee, replacing incumbent CFO Dan …

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Bethard integration helps EEG’s Q1 surpass the entirety of 2021 metrics

SBC News Bethard integration helps EEG’s Q1 surpass the entirety of 2021 metrics

Esports Entertainment Group (EEG) asserts that it remains “ideally positioned in igaming and esports,” as the firm sees its first quarter revenue surge to “nearly match our performance for the entirety of FY21”. During the firm’s 2022 fiscal year first quarter ending September 30, 2021, which saw EEG complete the acquisition of Bethard, the B2C business of Gameday Group; revenue came in …

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EEG launches Fiksukasino to make Finnish debut

Finland

Esports focused betting operator Esports Entertainment Group (EEG) has announced plans to make its debut in the Finnish gaming market, launching its Fiksukasino pay and play casino brand. Nasdaq-listed EEG has detailed that its pay and concept will enable safe and reliable play without delay, putting the Fiksukasino brand ‘in pole position when it comes to traffic sources and scaling …

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Esports Entertainment Group finalises Argyll takeover

SBC News Esports Entertainment Group finalises Argyll takeover

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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Esports Entertainment appoints Jeff Cohen as IR lead 

SBC News Esports Entertainment appoints Jeff Cohen as IR lead 

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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