Esports Entertainment Group Appoints Jeff Cohen as VP Strategic Planning and IR

Rhea-AI Summary

Esports Entertainment Group (GMBL) announced the appointment of Jeff Cohen as Vice President of Strategic Planning and Investor Relations. Cohen, a former equity analyst at Stephens Inc., brings extensive knowledge and connections within the gaming and esports sectors. CEO Grant Johnson expressed enthusiasm about Cohen's potential contributions, emphasizing his experience and relationships with major investment firms. This leadership change aims to strengthen the company’s growth strategy in the evolving esports market.

Positive

• Appointment of Jeff Cohen as VP of Strategic Planning and IR may enhance strategic initiatives.
• Cohen's experience in gaming and esports could strengthen investor relations.

Negative

• Concerns about continuity and experience gaps due to management change.

BIRKIRKARA, Malta, July 28, 2020 (GLOBE NEWSWIRE) -- Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (or the “Company”), a licensed online gambling company with a focus on esports wagering and 18+ gaming, appointed Jeff Cohen as Vice President Strategic Planning and IR.

Cohen was previously an equity analyst covering gaming and esports for Stephens Inc., a leading Wall Street investment bank and asset manager. Frequently quoted by the Wall Street Journal, Reuters, CNBC and The Fly, Cohen has appeared on CheddarTV and several prominent gaming industry podcasts and maintains relationships with major buyside investment firms. Prior to joining Stephens in 2017, Cohen was an analyst in the Equity Special Situations Group at Barclays. Cohen earned his Bachelor’s in Government at Harvard University and an MBA in Finance and Accounting from Columbia Business School.

“We are thrilled to welcome Jeff to our team,” commented Grant Johnson, CEO of Esports Entertainment Group. “He’s been a leading analyst in the gaming and esports arena, and his wealth of knowledge and relationships with major buyside players are great assets for us as we continue to execute on our growth strategy.”

Cohen stated, “I am excited to join the Esports Entertainment team and look forward to providing value as we work to capitalize on multiple opportunities in the rapidly evolving global esports market.”

ABOUT ESPORTS ENTERTAINMENT GROUP

Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Esports Entertainment offers fantasy, pools, fixed odds and exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg.  In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds a license to conduct online gambling and 18+ gaming on a global basis in Curacao, Kingdom of the Netherlands. The Company maintains offices in Malta. For more information visit www.esportsentertainmentgroup.com

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

U.S. Investor Relations 
RedChip Companies, Inc.
Dave Gentry
407-491-4498
dave@redchip.com

Media & Investor Relations Inquiries
AGORACOM
ESPO@agoracom.com 
http://agoracom.com/ir/eSportsEntertainmentGroup

FAQ

Who is Jeff Cohen and what is his role at Esports Entertainment Group?

Jeff Cohen has been appointed as Vice President of Strategic Planning and Investor Relations at Esports Entertainment Group.

What experience does Jeff Cohen bring to Esports Entertainment Group?

Jeff Cohen has experience as an equity analyst covering gaming and esports at Stephens Inc. and previously worked at Barclays.

How might Jeff Cohen's appointment impact Esports Entertainment Group's growth strategy?

Cohen's extensive industry knowledge and relationships could positively influence the company's growth strategy in the esports market.

What are the concerns related to the management change at Esports Entertainment Group?

Concerns include potential continuity and experience gaps in leadership following Cohen's appointment.