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SharpLink Gaming Ltd. Ordinary Shares - SBET STOCK NEWS

Welcome to our dedicated page for SharpLink Gaming Ltd. Ordinary Shares news (Ticker: SBET), a resource for investors and traders seeking the latest updates and insights on SharpLink Gaming Ltd. Ordinary Shares stock.

SharpLink Gaming Ltd. (NASDAQ: SBET) is a pioneering online technology company that bridges the gap between sports fans and sports betting content. Founded in 2019, the company leverages proprietary, intelligent online conversion technology to transform sports enthusiasts into active sports bettors for licensed online sportsbook operators.

SharpLink Gaming operates through two main segments: Affiliate Marketing Services - United States and Affiliate Marketing Services - International. This structure allows the company to specifically target and drive local sports betting and casino traffic to its partners. The majority of revenue is generated from the international segment, underscoring the global reach and effectiveness of its marketing platform.

In addition to its marketing services, SharpLink specializes in assisting sports media companies, leagues, and teams in developing innovative solutions to engage their audiences. The company offers highly interactive free-to-play games and mobile applications, which are designed to boost fan interaction and engagement. SharpLink's portfolio also includes a variety of real-money fantasy sports and sports simulation games, accessible through its proprietary platform that reaches over two million fantasy sports fans.

SharpLink’s significant achievements include its authorization to operate in every U.S. state where fantasy sports and online sports betting are legal. The company’s fantasy sports platform alone attracts users who collectively spend nearly $40 million annually on its digital gaming experiences and contests.

On the financial front, SharpLink Gaming has maintained a robust performance, with forward-looking strategies aimed at expanding its footprint in the growing online betting and iGaming industries. The company’s recent announcements, such as the upcoming extraordinary general meeting of shareholders to approve the redomestication merger, reflect its commitment to strategic growth and shareholder engagement.

For more information, please visit the SharpLink website.

News

SharpLink Gaming Sells Fantasy Sports and Sports Game Development Business Units to RSports Interactive

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SharpLink Gaming Ltd. (SBET) announced the sale of its SportsHub/fantasy sports and free to play sports game development business units to RSports Interactive, Inc. for $22.5 million. The proceeds were used to repay all outstanding term loans and lines of credit, as well as to redeem a Senior Convertible Debenture. The sale is expected to significantly reduce operating expenses and strengthen the company's cash position and total shareholders' equity. The company's COO and a board member resigned in connection with the sale.
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SharpLink Gaming Announces Third Quarter 2023 Financial Results

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SharpLink Gaming Ltd. (Nasdaq: SBET) Announces 153% Revenue Growth in Q3 2023, Gross Profit Up 505% - Key Financial Highlights and Positive Outlook Revealed
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SharpLink Gaming to Host Third Quarter 2023 Results Webcast on Wednesday, November 15, 2023 at 11:00 AM ET

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SharpLink Gaming Ltd. (Nasdaq:SBET) announces webcast to discuss financial results for the three and nine months ended September 30, 2023. Investors and analysts encouraged to submit questions for management to address during the discussion. Webcast to be held on Wednesday, November 15, 2023, at 11:00 AM Eastern Time. Details available at the provided webcast link.
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SharpLink Gaming Announces Details for Extraordinary General Meeting of Shareholders to Approve Redomestication Merger

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SharpLink Gaming will hold an extraordinary general meeting of shareholders on November 29, 2023, to vote on proposals including the approval of the domestication of SharpLink Gaming Ltd. from Israel to the State of Delaware. Shareholders of record as of October 30, 2023, are eligible to vote.
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SharpLink Gaming Launches SharpLinkHQ.com

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SharpLink Gaming Ltd. announces the launch of SharpLinkHQ.com, an online source for sports betting news and information.
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SharpLink Gaming Announces Record Financial Performance for LeagueSafe for 2023/2024 NFL Season

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SharpLink Gaming Ltd. reports $31.5 million in entry fees for fantasy football leagues, up 22% from last year.
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SharpLink Gaming and SB22 Join Forces to Deliver AI-Powered Sports Fan Activation Solutions

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SharpLink Gaming Ltd. and SB22, Inc. have partnered to disrupt the Event Wagering industry with a solution for U.S. sports betting and iGaming operators. The integration of SharpLink's C4 BetSense with SB22's sports betting platform aims to promote personalized fan offers, increase engagement and retention rates, provide superior user experiences, and generate higher rakes of bets. The partnership could potentially deliver profound financial impact for operators in the growing U.S. sports betting market.
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SharpLink Gaming Announces Extraordinary General Meeting of Shareholders

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SharpLink Gaming Ltd. will hold an extraordinary general meeting of shareholders on October 17, 2023. Shareholders will vote on proposals including an amendment to increase authorized share capital. The approval of Proposal 1 requires at least 75% affirmative vote of holders of the Company's Ordinary Shares. Shareholders must submit proposals by September 29, 2023. Voting can be done by proxy card, online, or telephonically.
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SharpLink Gaming Cleared in Kentucky to Offer Online Sports Betting Conversion Solutions

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SharpLink Gaming Ltd. has been legally authorized to operate in 26 U.S. states, the District of Columbia, Puerto Rico, and Ontario, Canada, and is cleared by Kentucky to offer online sports betting conversion solutions. Kentucky is the 29th jurisdiction in which SharpLink has been legally cleared to operate. This marks another critical inflexion in the Company's national expansion plans. Legal in-person sports betting began in Kentucky on September 7, 2023, and online sports betting becomes legally effective on September 28, 2023.
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SaharaBets Partners with SharpLink Gaming to Drive Personalization of Sports Betting and Materially Increase Betting Handle Through C4 BetSense

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SharpLink Gaming announces integration of C4 BetSense technology with SaharaBets, potentially increasing betting handle by up to 20%
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FAQ

What is the current stock price of SharpLink Gaming Ltd. Ordinary Shares (SBET)?

The current stock price of SharpLink Gaming Ltd. Ordinary Shares (SBET) is $0.64 as of November 20, 2024.

What is the market cap of SharpLink Gaming Ltd. Ordinary Shares (SBET)?

The market cap of SharpLink Gaming Ltd. Ordinary Shares (SBET) is approximately 2.3M.

What does SharpLink Gaming Ltd. do?

SharpLink Gaming Ltd. connects sports fans with timely sports betting content through its proprietary technology, targeting both U.S. and international markets.

What are the main business segments of SharpLink Gaming Ltd.?

The company operates through Affiliate Marketing Services in the United States and internationally.

How does SharpLink Gaming generate revenue?

Most of the revenue comes from its international affiliate marketing services, driving sports betting and casino traffic to licensed partners.

What is SharpLink’s strategy for fan engagement?

SharpLink employs interactive free-to-play games and mobile applications to deepen fan engagement and activation.

Is SharpLink Gaming authorized in the U.S.?

Yes, SharpLink is licensed or authorized to operate in every U.S. state where fantasy sports and online sports betting are legalized.

Who are SharpLink Gaming’s typical clients?

SharpLink's clients include sports media companies, leagues, teams, and licensed sportsbook operators.

What recent developments have been announced by SharpLink Gaming?

SharpLink announced an extraordinary general meeting of shareholders to approve a redomestication merger, scheduled for November 29, 2023.

How many fantasy sports fans does SharpLink reach?

SharpLink's fantasy sports platform reaches over two million fans.

Where can I find more information about SharpLink Gaming?

More information is available on their official website at www.sharplink.com.

Who can I contact for investor relations at SharpLink Gaming?

You can reach out to investor relations at ir@sharplink.com.

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SharpLink Gaming Ltd. Ordinary Shares

Nasdaq:SBET

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SBET Stock Data

2.31M
2.95M
15.89%
3.09%
0.53%
Gambling
Services-prepackaged Software
Link
United States of America
MINNEAPOLIS