Esports Technologies Conference Call Today at 4:00pm Eastern to Discuss Planned Acquisition of Aspire Global's B2C Business, with $1.8 Billion in Wagering and $73.9 Million in Revenue the Previous 12 Months
Esports Technologies, Inc. (Nasdaq: EBET) announced a definitive agreement to acquire Aspire Global's B2C business, a strategic move aimed at enhancing its esports wagering offerings. This acquisition boasts $1.8 billion in wagering and $73.9 million in revenue over the previous 12 months. The company has scheduled a conference call to discuss the acquisition details on October 4, 2021, at 4:00 PM Eastern. Esports Technologies plans to utilize this acquisition for cross-selling opportunities to expand its revenue and customer base in the esports sector.
- Acquisition of Aspire Global's B2C business enhances product offerings.
- Potential for increased revenue and customer base with $1.8 billion in wagering.
- None.
LAS VEGAS, Oct. 4, 2021 /PRNewswire/ -- Esports Technologies, Inc. (Nasdaq: EBET), a leading global provider of advanced esports wagering products and technology, will host a conference call, today, Monday, October 4 at 4:00pm Eastern, to discuss its recently announced definitive agreement to acquire Aspire Global's (STO: ASPIRE) B2C business. The call will review details of the planned acquisition.
The webcast link to the call is: http://public.viavid.com/index.php?id=146720
A replay of the call will be available on the Esports Technologies' Investor Relations page at https://esportstechnologies.com/investor-overview.
Esports Technologies intends to utilize the multiple-brand acquisition to cross-sell esports wagering opportunities to increase its esports revenue, player bet transactions, and customer base.
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/esports-technologies-conference-call-today-at-400pm-eastern-to-discuss-planned-acquisition-of-aspire-globals-b2c-business-with-1-8-billion-in-wagering-and-73-9-million-in-revenue-the-previous-12-months-301392076.html
SOURCE Esports Technologies, Inc.
FAQ
What is the purpose of Esports Technologies' acquisition of Aspire Global's B2C business?
What were the revenue figures for Aspire Global's B2C business before the acquisition?
When is the conference call to discuss the acquisition?
How much wagering did Aspire Global's B2C business have prior to the acquisition?
What are the expected impacts of the acquisition on Esports Technologies?
