ESPORTS ENTMNT 2025 WTS - GMBLW STOCK NEWS

Esports Entertainment Group (GMBL, GMBLW) reported its F1Q21 financial results, showing revenue of $222,392, a significant increase from $0 in the same quarter last year. This growth is attributed to the acquisition of Argyll Entertainment. The company reported a net loss of $1.8 million, primarily due to reduced revenues stemming from a UK Gambling Commission audit. For fiscal 2021, Esports Entertainment reaffirms its revenue guidance of $13 million, projecting $25 million for fiscal 2022. The company has been active in acquiring related businesses, enhancing its presence in the esports and online gambling sectors.

Esports Entertainment Group (NasdaqCM: GMBL, GMBLW) will hold a conference call on November 16, 2020, at 4:30 p.m. ET to discuss its third-quarter operational and financial highlights as well as recent developments. The call will be accessible via a live dial-in or webcast. A replay will be available until November 30, 2020. Esports Entertainment is focused on esports wagering and online gambling for individuals aged 18 and over, operating platforms such as vie.gg and SportNation.bet, and holds licenses in multiple jurisdictions.

Esports Entertainment Group, Inc. (GMBL, GMBLW) announced the upcoming completion of the Century Center Esports Arena in South Bend, Indiana, by mid-December 2020. The company is set to acquire ggCircuit and Helix eSports for approximately $43 million, enhancing its capabilities in the esports market. The arena will host esports enthusiasts and integrate ggCircuit's management system, boosting revenue potential. The project reflects the growing importance of esports as highlighted by the city’s commitment, emphasizing the strategic growth opportunities for Esports Entertainment Group.

Esports Entertainment Group (NasdaqCM: GMBL, GMBLW) has partnered with Philadelphia Union, a Major League Soccer team, to become their official esports tournament provider. This agreement will allow the company to host tournaments on its Esports Gaming League platform, enhancing fan engagement through esports. Tournament prizes will be provided by Philadelphia Union, including team merchandise. The partnership highlights the growing intersection of traditional sports and esports, showcasing Esports Entertainment's leadership in delivering tournament solutions in this expanding market.

Esports Entertainment Group has announced an acquisition of ggCircuit and Helix eSports valued at approximately $43 million. This strategic move aims to create a diversified, US-listed esports entertainment asset, enhancing their Three Pillar Strategy. The acquisition is expected to add two million unique gamers and over 1,000 connected locations to their platform. FY22 revenue guidance has been raised to $42 million, demonstrating strong growth potential.

Esports Entertainment Group has partnered with AEG to operate branded esports tournaments for the LA Kings and LA Galaxy. This agreement marks the company's first collaboration with an NHL and MLS team and is part of its expansion strategy in the U.S. market. Through its EGL tournament platform, the company will offer exclusive tournaments to enhance fan engagement, leveraging its technology that supports over 350,000 registered gamers. This partnership aims to bridge the gap between esports and traditional sports, providing innovative experiences for fans.

Esports Entertainment Group, a licensed online gambling entity focused on esports, announced that CEO Grant Johnson will be featured on The RedChip Money Report. This program airs in 100 million homes across Europe on Bloomberg International. During the interview, Johnson will elaborate on the company’s Three Pillar growth strategy, recent successes, and future milestones. The company is dedicated to providing a secure esports wagering platform and expanding its offerings globally.

Esports Entertainment Group (NASDAQ:GMBL, GMBLW) has been invited to present at the 9th Annual Gateway Conference, taking place virtually on September 9-10, 2020. The company's management will present on September 10 at 7:00 a.m. Pacific time, with live webcasting available for replay. This invite-only event connects compelling companies with top institutional investors and analysts. Esports Entertainment Group focuses on regulated online gambling, specializing in esports wagering. For more information or inquiries, visit their website or contact via email.

Esports Entertainment Group (NasdaqCM: GMBL, GMBLW) announced the appointment of Warwick Bartlett as an independent director on its Board. Bartlett, a veteran in the gambling industry, has extensive experience as the CEO of Global Betting & Gaming Consultants and was previously chairman of the Association of British Bookmakers. The company also appointed CFO Dan Marks to the Board. Bartlett's expertise is expected to enhance the company's strategic growth, especially following its recent acquisition of Argyll Entertainment, which is anticipated to generate immediate revenue and accelerate growth in the esports betting sector.