Sports betting operators SportNation and RedZone have both announced their decision to leave the British market. The companies, both of which are owned by Esports Entertainment Group, cited a variety of factors as the reason for their leave. SportNation and RedZone Will No Longer Take Bets Existing SportNation and RedZone customers should rest easy as […]
Esports Entertainment Group (EEG)’s vice president of Esports Betting Bux Khalid Syed has left his position and the company, the esports expert announced on his LinkedIn profile. Back to Providing Consulting Services Syed left EEG last month, having spent almost two years with the esports betting provider since his appointment in October 2020 as Head […]
Esports Entertainment Group (EEG) announced Monday its fiscal 2022 third quarter earnings report, significantly revising down its previously issued full-year revenue guidance. Growth in Revenue, Gross Profit Hoboken-based full stack esports and gambling operator EEG revealed for the three months ended March 31, 2022, net revenue of $15.7 million, representing an increase of 8% to […]
Esports Entertainment Group, a full-stack esports and online gambling company, has reinforced its leadership team with the addition of Damian Mathews. He will serve as the company’s new chief financial officer, will assume the role of chairman of the audit committee, and will retain his position on its board of directors. Esports Entertainment Acquires Mathews […]
Esports and online gambling company Esports Entertainment Group (EEG) released its financial results for the second fiscal quarter ended December 31, 2021, posting double-digit growth in revenue. Platform Building and Strategic Acquisitions The fiscal second-quarter report revealed revenue at the New Jersey-based EEG jumped 18.85% year-over-year to $14.5 million, up from $12.2 million in the […]
Esports Entertainment Group (EEG) has selected Stuart Tilly as the group’s new chief operating officer. As a result, the company will entrust the executive with several responsibilities that will pertain to its overall performance and the latest launch of esports betting products in New Jersey. Preparing for Busy Months Ahead Last week, the Division of […]
Esports Entertainment Group, the leading online esports entertainment company, announced on Monday that it received approval to start betting operations in New Jersey. Esports Entertainment Group Receives Approval to Start Betting Operations To start its betting operations, EEG received an order that approves a transaction waiver. The order was issued by the Director of the […]
Betby will help Esports Entertainment Group to power its betting brands Vie.bet and SportNation. Betby, which is an expert in supplying state-of-the-art solutions for the interactive wagering vertical, is well-versed in the esports and sports betting space. Betby and EEG Are Familiar Partners The deal is an extension of the collaboration between the two companies […]
Skill-based gambling games took the industry by storm. While the new form of gambling entertainment is yet to establish itself as a solid performer on the market, those games certainly look more appealing to the younger generation. Now, thanks to a new collaboration, the first esports skill-based wagering event in the United States will take […]
Esports Entertainment Group (EEG) released its fourth quarter and fiscal year 2021 earnings report, posting revenue for the quarter and the fiscal year of $8.8 million and $16.8 million, respectively. Fourth Quarter Figures NASDAQ-listed EEG posted 63% rise in net revenue for the three months ended June 30, 2021, compared to the previous quarter and […]
