Esports Technologies' Karamba Wins Innovation in Casino & Gaming Entertainment at SBC Awards 2021

Rhea-AI Impact

(No impact)

Rhea-AI Sentiment

(Neutral)

Tags

12/15/2021 - 08:29 AM

LAS VEGAS, Dec. 15, 2021 /PRNewswire/ -- Esports Technologies, Inc. (Nasdaq: EBET), a leading global provider of award-winning advanced esports wagering products and technologies, announced today that its newly acquired online casino brand Karamba has won the award for Innovation in Casino & Gaming Entertainment at the SBC Awards 2021. The awards ceremony took place at Evolution London on December 14. Attending the gala were such notable gaming brands as bet 365, Betsson Group, FanDuel Group, LeoVegas, and PokerMatch.

Karamba was recognized for its launch of BuyWin, a unique tool developed for Germany's regulated online casino market. The BuyWin feature offered one of the highest Return to Player (RTP) across a wide selection of casino games in the German market. Joining Karamba as finalists in the category were Kaizen Gaming, LeoVegas Mobile Gaming Group, Novibet, OLE!bet, PokerMatch, and VBet.

Bart Barden, COO, Esports Technologies, said, "Our entire portfolio of brands is centered around maximizing value and engagement for users while delivering innovative solutions for businesses. With BuyWin, Karamba addressed a critical issue facing German bettors and operators alike. Esports Technologies is very proud to have acquired this exceptional brand, and we look forward to reaching new heights together."

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.