Tag Archives: Hopa

EBET cuts headcount by 54% to prioritise igaming profitability

SBC News EBET cuts headcount by 54% to prioritise igaming profitability

EBET Inc has initiated a corporate restructuring plan to improve the long and short-term profitability of its business.  In a statement announced ahead of its Q3 earnings call, the Global Nasdaq listed operator disclosed that it had undertaken “a series of measures to enhance the profitability of its newly acquired igaming assets as well as its existing esports products”. Headline …

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Esports Technologies expands intellectual property holdings with latest patent

SBC News Esports Technologies expands intellectual property holdings with latest patent

Esports Technologies has filed a patent for a ‘”Financial Instrument Performance-Based Pari-Mutuel Betting System and Method’ to offer a pool betting market for its customers.  Developed by the esports betting operator with the aim of strengthening player engagement and delivering a faster betting service to its customers, the new system uses an ‘electronic betting experience’ using a group of financial …

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Esports Technologies secures UK licence following Aspire acquisitions

SBC News Esports Technologies secures UK licence following Aspire acquisitions

Following on from its acquisition of Aspire Global’s B2C assets, Esports Technologies has confirmed that it has gained a UK gambling licence under the terms of an operator services agreement. Esports Technologies, which is listed on the US Nasdaq as EBET, took over Aspire’s B2C operations for $76 million (€68m), including UK-focused online sports betting and casino brands Karamba, Hopa, …

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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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Esports Technologies acquires Aspire Global’s B2C division

Esports Technologies acquires Aspire Global’s B2C division

Esports Technologies Inc has entered a definitive agreement to acquire the B2C business of Aspire Global for an agreed valuation of $75.9 million. The US Nasdaq technology group will undertake its biggest M&A to date, agreeing to pay $58.3 cash for Aspire’s B2C portfolio, with the remainder of the transaction paid by a $11.7 million promissory note and $6 million …

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