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Esports Entmt Group Inc - GMBL STOCK NEWS

Welcome to our dedicated page for Esports Entmt Group news (Ticker: GMBL), a resource for investors and traders seeking the latest updates and insights on Esports Entmt Group stock.

Esports Entertainment Group Inc (GMBL) is a global leader in esports wagering and iGaming solutions, serving both B2C and B2B markets. This news hub provides investors and industry professionals with timely updates on corporate developments, strategic initiatives, and regulatory milestones.

Stock Titan's dedicated GMBL news page consolidates official press releases and verified financial updates in one accessible location. Users gain efficient access to critical information spanning earnings announcements, partnership agreements, and product innovations within the esports betting sector.

Key updates include quarterly financial results, licensing achievements, technology deployments, and esports event partnerships. The curated selection emphasizes material developments affecting corporate strategy and market positioning while maintaining strict editorial neutrality.

Bookmark this page for streamlined tracking of GMBL's evolving business landscape. For comprehensive analysis of esports industry trends, explore Stock Titan's full suite of market intelligence resources.

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Esports Entertainment Group (GMBL) has filed Form 15 with the SEC to deregister its common stock and other securities, and to suspend its reporting obligations under the Securities Exchange Act of 1934. This action follows the recent delisting from the Nasdaq Stock Exchange. The move aims to reduce the complexity and costs associated with public reporting and to allow the management team to better focus on core business activities. The deregistration will become effective within 90 days, suspending the need for periodic filings such as Forms 10-K, 10-Q, and 8-K. The company's business operations remain unaffected by this change.

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Esports Entertainment Group, Inc. (GMBL) announces a voluntary delisting from Nasdaq to OTC Markets to drive cost savings, improve growth, and profitability. The company plans to focus on strategic initiatives to enhance shareholder value.
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Esports Entertainment Group, Inc. (NASDAQ: GMBL) announced a 1-for-400 reverse stock split of the Company's common stock, effective December 21, 2023, aiming to regain compliance with Nasdaq listing requirements and reduce the number of outstanding shares from approximately 426 million to 1.065 million shares.
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Esports Entertainment Group, Inc. (NASDAQ: GMBL) suspends payment of monthly cash dividend on its outstanding 10% Series A Cumulative Redeemable Convertible Preferred Stock to focus on reinvesting capital for long-term success, according to CEO Alex Igelman.
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Esports Entertainment Group, Inc. (GMBL) provides strategic, financial, and operational updates for the fiscal first quarter ended September 30, 2023. The company aims to expand its esports and iGaming offerings, focusing on end-to-end betting solutions. Esports Entertainment emphasizes high standards and regulatory compliance to support expected rapid expansion within the sizable U.S. market. The CEO, Alex Igelman, highlights the company's restructuring efforts to reduce operating expenses by over $4 million yearly, aiming for substantial revenue growth and increased long-term shareholder value. The company also announced a strategic partnership with Delasport to integrate a sportsbook on Vie.bet, targeting new customers in key sports betting markets.
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Esports Entertainment Group, Inc. (NASDAQ: GMBL) has declared a monthly cash dividend of $0.08 per share for its 10.0% Series A Cumulative Redeemable Convertible Preferred Stock. The record date is Nov. 15, 2023, and the payment date is Nov. 30, 2023.
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Esports Entertainment Group has signed a binding Letter of Intent to acquire a 30% minority interest in Drafted.gg, a leading wagerable esports content producer. The collaboration includes a revenue-sharing agreement and aims to embed wagerable content into Esports Entertainment's esports and iGaming offering. The company plans to acquire the remaining 70% of Drafted.gg in the future. Esports Entertainment also plans to conduct a comprehensive third-party operations integrity audit of Drafted.gg to support its expansion into the U.S. market.
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Esports Entertainment Group provides strategic, financial, and operational updates for fiscal year 2023
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Esports Entertainment Group declares monthly cash dividend for its Series A Preferred Stock
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Esports Entertainment Group partners with Oddin.gg to integrate iFrame esports betting solution
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Esports Entmt Group Inc

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