Upcoming court battle
The former CEO of Esports Entertainment Group (EEG) has filed a lawsuit against the company for allegedly breaching his employment contract when...
Each month, ESI compiles the period’s most significant esports movers and shakers. May’s round-up features personnel changes from the likes of FaZe Clan, Ninjas...
Esports betting and entertainment company Esports Entertainment Group (EEG) has announced the appointment of Kaitesi Munroe to its Board of Directors. Her appointment will bring...
Atlantic City is a coastal resort city that’s well known for its beautiful beaches, the fresh sea air, and lots of casinos. For a gambling aficionado, Atlantic City is one of the first stops on any journey. This is why it’s not a surprise to hear that the first-ever Madden esports betting event in the […]
Esports wagering platform Challenger has secured a seed investment round, led by SeventySix Capital. The investment round will be used to expand Challenger’s offerings to Xbox and PlayStation consoles, whilst also introducing its contests to new game titles. Financial figures were not disclosed. RELATED: Esports Entertainment Group announces Q2 financial results for fiscal year Challenger […]
Global esports and gambling company Esports Entertainment Group (EEG) has appointed Damian Mathews as its new Chief Financial Officer, replacing former CFO Dan Marks. Damian Mathews is an experienced executive who served as CFO of Qatar and Abu Dhabi Investment Company from 2014 to 2020. He also held various positions of growing stature at ABN […]
NASDAQ-listed gambling company Esports Entertainment Group (EEG) has announced the completion of its public offering of common stock and warrants. According to the release, the company raised $13.6m (~£10.16m) from the offering. RELATED: Esports Entertainment Group granted New Jersey betting license The amount raised is expected to go towards building its working capital reserves and […]
The Nevada Gaming Control Board (NGCB) has appointed Che Chou, Senior Director of Esports at Ubisoft Entertainment, to its Esports Technical Advisory Committee (ETAC). Chou will become the eighth member of ETAC – a committee formed by the Gaming Control Board intended to foster esports betting opportunities in the state. RELATED: Esports Entertainment Group announces […]
Esports Entertainment Group (NASDAQ:GMBL) shed nearly two-thirds of its value this week. That’s after the company missed fourth-quarter estimates and cut 2022 guidance, prompting an analyst to question the firm’s liquidity position. Earlier this week, the Malta-based gaming and sports betting company said its fourth-quarter sales missed Wall Street forecasts by 22%, and it slashed […]
NASDAQ-listed gambling and esports company Esports Entertainment Group has announced its Q2 financial results, ending December 31st, 2021, for its ongoing fiscal year. Despite the company managing to secure a gross profit of $8m (~£5.9m), which is up $7.2m (~£5.3m) from the previous year, the results include a GAAP loss of $34.5m (£25.38m) to common shareholders. […]
In a US first, the New Jersey Division of Gaming Enforcement has given Esports Entertainment Group the thumbs up to launch esports betting in the state.
Scholastic esports consulting company Esports Development and Growth Enterprise (EDGE) Consulting has announced a partnership with Carolina Esports Hub, a community-focused US esports organisation in the North and South Carolinas. As a result, EDGE Consulting’s curriculum offerings will be expanded to provide its clients with a high school-level tournament organiser. RELATED: Harena Data and Amuka […]
