Esports Technologies Announces Expansion with Addition of Third Office, in Malta
Esports Technologies (Nasdaq: EBET) will open a new state-of-the-art office in Malta on November 15, 2021. This office will focus on European market operations, joining existing locations in Las Vegas and Dublin. The move aims to enhance the company's growth strategy within the growing European esports market, which has an audience of 92 million. Malta's favorable tech infrastructure and gaming environment make it an ideal base for expansion into key Western European markets.
- Establishing a new office in Malta positions the company to better engage with the growing European esports market.
- The office will facilitate operations and expansion into major Western European countries including the UK, Germany, and France.
- Malta is recognized as a hub for esports with an educated workforce and supportive business environment.
- None.
LAS VEGAS, Oct. 12, 2021 /PRNewswire/ -- Esports Technologies, Inc. (Nasdaq: EBET), a leading global provider of advanced esports wagering products and technology, announced today the planned opening of a new state-of-the-art office in Malta. The Malta location will house the majority of the Esports Technologies team and direct European market operations, working closely with the Esports Technologies office in Dublin. The additional office location will help accelerate Esports Technologies' aspirations to expand into Western Europe, including the UK, Germany, France, Italy, Spain, Belgium, Denmark, Netherlands and Ireland. The new office is scheduled to be operational on November 15.
The Esports Technologies Malta office will join the company's existing locations in Las Vegas and Dublin. The office will have an open floor plan that includes breakout spaces for individual work or small-group collaboration, a full boardroom, and a modern design incorporating esports themes. The workplace will also feature an esports-focused leisure area with gaming consoles, a full kitchen and bar, and direct access to Balluta Bay from the terrace.
Aaron Speach, CEO, Esports Technologies, said, "Europe's esports engagement is on a steep growth trajectory, and we foresee tremendous growth in its esports wagering market. With its educated and talented workforce, strong tech infrastructure, and business-friendly environment, Malta offers the ideal location for us to create new opportunities across Europe. We look forward to providing a work setting designed to foster meaningful collaboration, increase productivity and spark creativity."
This move will help accelerate the company's growth strategy in Europe, which has an estimated esports audience of 92 million. Malta has emerged as an influential hub for esports on the continent. The Mediterranean country was chosen as the host location for both 2021 seasons of ESL Pro League, one of the major professional leagues in esports. Malta, a multilingual country and a hotbed for tech and blockchain, has worked closely with the private sector to establish the country as a global leader in the esports sector.
About Esports Technologies
Esports Technologies is developing groundbreaking and engaging wagering products for esports fans and bettors around the world. Esports Technologies is one of the leading global providers of esports product, platform and marketing solutions. The company operates a licensed online gambling platform, gogawi.com, that offers real money betting on esports events and professional sports from around the world in a secure environment. The company is developing esports predictive gaming technologies that allow distribution to both customers and business partners.
For more information, visit: https://esportstechnologies.com.
Forward-Looking Statements: This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which statements involve risks and uncertainties. These statements relate to future events, future expectations, plans and prospects. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, actual results or outcomes may prove to be materially different from the expectations expressed or implied by such forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed in the Company's filings with the Securities and Exchange Commission, including as set forth in the "Risk Factors" section of the Company's final prospectus, which was filed with the Securities and Exchange Commission on April 16, 2021, as updated by the Company's subsequent Quarterly Reports on Form 10-Q. The Company does not undertake any obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.
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SOURCE Esports Technologies, Inc.
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