Tag Archives: SportNation.com

EEG bullish of growth prospects as YTD losses swing to $35m 

SBC News EEG bullish of growth prospects as YTD losses swing to $35m 

Esports Entertainment Group Inc (EEG) has outlined significant progress on its commercial and tech objectives following the expansion of its global gaming portfolio.   Publishing its interim 2022 trading update (six month period ending 31 December) – the US Nasdaq online gambling and esports wagering group registered a 12x jump in revenues to $31 million (H12020: $2.6m). Period trading accounted for …

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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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EEG acquires ‘proven challenger’ Bethard for €16m

SBC News EEG acquires 'proven challenger' Bethard for €16m

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% …

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EEG hails enlarged portfolio performance to lay Nasdaq foundations

SBC News EEG hails enlarged portfolio performance to lay Nasdaq foundations

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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