Esports Entertainment Group, Inc. Announces Preferred Stock Dividend
Hoboken, New Jersey--(Newsfile Corp. - January 5, 2022) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") announced today that its Board of Directors has declared monthly cash dividends for its 10.0% Series A Cumulative Redeemable Convertible Preferred Stock (''Series A Preferred Stock''), for January, February and March 2022. Jan. 2022Feb. 2022Mar. 20
2022-01-05 1:28 PM EST
Esports Entertainment Group Renews Partnership with Take-Two's NBA 2K League
Hoboken, New Jersey--(Newsfile Corp. - January 5, 2022) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") and their EEG Labs brand is proud to announce a renewal of their partnership with Take-Two's NBA 2K League. Work is already in progress on the current season's Combine and Draft. Having partnered with the NBA since the inception of the League, the Company continues to deploy state-of-the-art talent analytics and scouting technologies to determine the...
2022-01-05 8:30 AM EST
Esports Entertainment Group Adds KCSA Strategic Communications as Public Relations Partner
Hoboken, New Jersey--(Newsfile Corp. - December 15, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company"), a full-stack esports and online gambling company, today announced that it has engaged KCSA Strategic Communications to assist with its public relations and media initiatives. KCSA Strategic Communications is widely known as one of the most entrepreneurial communications agencies. "We're excited to add KCSA to the Esports Entertainment Group team to...
2021-12-15 8:30 AM EST
Esports Entertainment Group Migrates Key iGaming Properties to Its Proprietary Idefix Platform
Hoboken, New Jersey--(Newsfile Corp. - December 14, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") announced today that it has completed the full migration of its SportNation.com and Vie.bet iGaming sites to its proprietary Idefix platform. Prior to the migration, both iGaming brands had been leveraging a platform from BetConstruct to deliver their iCasino and sportsbook offerings. "The migration to Idefix is an important milestone for Esports...
2021-12-14 8:40 AM EST
Esports Entertainment Group Partnering with Hard Rock Hotel & Casino Atlantic City for First Sanctioned Esports Skill-Based Wagering Event in New Jersey
Hoboken, New Jersey--(Newsfile Corp. - December 10, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") is excited to announce a new partnership with the Hard Rock Hotel & Casino Atlantic City that will be kicked-off by hosting the first sanctioned esports skill-based wagering event in the United States. EEG and Hard Rock Atlantic City have teamed up to create a tournament on March 19 and 20, 2022 that will launch LANDuel and be the springboard for more...
2021-12-10 9:00 AM EST
Esports Entertainment Group Applauds the Passage of Sports Betting Legislation in Ohio
Hoboken, New Jersey--(Newsfile Corp. - December 9, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company"), an esports entertainment and online gambling operator, applauds the passage of Ohio House Bill 29 to legalize sports betting in the state, which has now been sent to Governor Mike DeWine for his signature. Importantly, the bill includes a provision that allows for wagering on professional eSports, creating a pathway to further leverage and monetize...
2021-12-09 1:07 PM EST
Esports Entertainment Group and Los Angeles Chargers Team Up for Madden Tournament
New Jersey and Los Angeles, California--(Newsfile Corp. - December 7, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company"), via its EGL brand, is teaming up with the Los Angeles Chargers for a Madden 22 Tournament that will give fans the opportunity to compete against one another for the chance to win exclusive Los Angeles Chargers prizes. The tournament will take place entirely online on Tuesday, Dec. 21 beginning at 6:00 p.m. PST. Interested gamers can...
2021-12-07 8:30 AM EST
Esports Entertainment Group to Participate at Two Upcoming Institutional Investor Conferences
Hoboken, New Jersey--(Newsfile Corp. - December 6, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") announced today that Chairman and Chief Executive Officer, Grant Johnson, will be participating in two upcoming institutional investor conferences: Truist Securities 2021 Virtual Gaming, Lodging, Leisure & Restaurants Summit Wednesday, December 9 Mr. Johnson will conduct individual and group meetings with institutional investors. Separately, Truist...
2021-12-06 4:30 PM EST
Esports Entertainment Group's ggCircuit to Install ALPHA at Four Simplicity eSports Locations; Expected To Generate Approximately $1,500,000 in Multi-Year Revenue
Hoboken, New Jersey--(Newsfile Corp. - December 6, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") announced today that its ggCircuit brand will install the ALPHA software solution at four Simplicity Esports and Gaming Company (OTCQB: WINR) (or "Simplicity Esports") locations in a deal the Company expects will generate approximately $1.5 million in revenue over the next five years. ALPHA (short for Automated LAN Programming, Hardware, & Assistance)...
2021-12-06 8:44 AM EST
Esports Entertainment Group Announces Preferred Stock Dividend
Hoboken, New Jersey--(Newsfile Corp. - December 3, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") is pleased to announce that the holders of record of the Company's 10.0% Series A Cumulative Redeemable Convertible Preferred Stock (the "Series A Preferred Stock") as of the close of business on December 15, 2021 will receive a cash dividend equal to $0.12 per Series A Preferred Stock share. The cash dividend will be paid on December 31, 2021. About...
2021-12-03 8:30 AM EST
Colts and Esports Entertainment Group Announce 'Frozen Frenzy' Fortnite Tournament
New Jersey and Indianapolis, Indiana--(Newsfile Corp. - December 1, 2021) - The Indianapolis Colts and Esports Entertainment Group (NASDAQ: GMBL) (NASDAQ: GMBLW), via its EGL brand, announced today that they are teaming up to host the 2021 Frozen Frenzy tournament. This tournament will be a special opportunity to play the hit game Fortnite against other fans for a chance to win a VIP experience at the Colts' Fan Appreciation Game vs. the Las Vegas Raiders on Jan. 2, 2022. The 2021 Frozen...
2021-12-01 9:12 AM EST
Esports Entertainment Group's ggCircuit Launches New Product: OMEGA
Hoboken, New Jersey--(Newsfile Corp. - November 30, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") and their ggCircuit brand today announced OMEGA, a new revolutionary product offering for B2B customers. OMEGA ("Online Multiplayer Esports Gaming Attraction") is the Company's latest turnkey solution that enables businesses such as movie theaters, malls and family entertainment centers to add esports and other gaming options as an additional revenue...
2021-11-30 8:34 AM EST
Esports Entertainment Group First Quarter Revenue Rises 86% Q/Q to $16.4 Million
Hoboken, New Jersey--(Newsfile Corp. - November 15, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") today announced financial results for its fiscal 2022 first quarter ended September 30, 2021. Fiscal First Quarter 2022 Financial Results Net revenue of $16.4 million, up $16.2 million compared to 1Q21 and an 86% increase compared to net revenue of $8.8 million in 4Q21 Gross profit of $10.0 million, up $10.2 million compared to 1Q21 and a 92% increase...
2021-11-15 4:05 PM EST
Esports Entertainment Group Announces Pricing of $8.0 Million Public Offering of 10.0% Series A Cumulative Redeemable Convertible Preferred Stock
Hoboken, New Jersey--(Newsfile Corp. - November 11, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (the "Company") today announced the pricing of its previously announced underwritten registered public offering of 800,000 shares of its 10.0% Series A Cumulative Redeemable Convertible Preferred Stock, with a liquidation preference of $11.00 per share (the "Series A Preferred Stock"), at a purchase price of $10.00 per share for total gross proceeds of $8.0 million...
2021-11-11 9:14 PM EST
Esports Entertainment Group to Host First Quarter Fiscal Year 2022 Financial Results on November 15 at 5:00 p.m. ET
Hoboken, New Jersey--(Newsfile Corp. - November 10, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company"), a licensed online gambling company with a focus on esports wagering and 18+ gaming, will host a conference call and webcast on Monday, November 15 at 5:00 p.m. Eastern Time to answer questions about the Company's operational and financial highlights for the first quarter of fiscal year 2022 and other recent developments. Event:Esports Entertainment...
2021-11-10 4:05 PM EST
Esports Entertainment Group Announces Launch of Public Offering of 1,500,000 Shares of Preferred Stock
Hoboken, New Jersey--(Newsfile Corp. - November 3, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") today announced it has commenced an underwritten registered public offering of its 10.0% Series A Cumulative Redeemable Convertible Preferred Stock, par value $0.001 per shares (the "Series A Preferred Stock"), at a price of $10.00 per share. Each share of Series A Preferred Stock will be convertible into shares of the Company's common stock, at a...
2021-11-03 4:01 PM EDT
Esports Entertainment Group Submits Transactional Waiver to New Jersey Division of Gaming Enforcement
Newark, New Jersey--(Newsfile Corp. - October 28, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") is pleased to announce that its transactional waiver for the New Jersey Division of Gaming Enforcement (or "DGE") has been submitted. Once approved, it would allow the Company to begin betting operations in the Garden State. "New Jersey sports betting reported the first $1 billion handle in September alone and it shows no signs of slowing down anytime...
2021-10-28 8:30 AM EDT
Esports Entertainment Group Partners with NetEase to Become Official Tournament and Broadcast Provider of Naraka: Bladepoint
Newark, New Jersey--(Newsfile Corp. - October 22, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") and their EGL brand have signed a partnership with NetEase (NASDAQ: NTES) to become their official North American tournament and broadcasting provider for Naraka: Bladepoint, running the entirety of the Morus Cups Seasons One, Two, and Three, which take place between September and November 2021. The Company will run the tournaments as well as produce...
2021-10-22 8:31 AM EDT
Esports Entertainment Group Announces Fan-Centered EGL ClubClash Program with Professional Sports Teams
Newark, New Jersey--(Newsfile Corp. - October 21, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") has partnered with a number of professional sports teams as their official esports tournament provider. Over the past year, fans of these organizations have enjoyed playing in one-off tournaments to see who is the best gamer. In an effort to provide fans more opportunities for interaction with one another and all of the participating teams, the Company...
2021-10-21 7:58 AM EDT
Esports Entertainment Group Reports Fourth Quarter and Fiscal Year 2021 Results
Newark, New Jersey--(Newsfile Corp. - October 13, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") today announced financial results for its fourth quarter and fiscal year ended June 30, 2021. Fiscal Fourth Quarter 2021 and Recent Operational Highlights Completed acquisitions of Helix eSports and ggCircuit
2021-10-13 4:05 PM EDT