SharpLink Gaming Ltd. Ordinary Shares - SBET STOCK NEWS

SharpLink Gaming Ltd. (Nasdaq:SBET) announced that CEO Rob Phythian will participate in a panel at the SBC Summit North America 2022 in New Jersey. This event focuses on the rapidly growing online betting and iGaming industry, attracting major operators and leaders. The panel, titled “Teams and Leagues – Improving Fan Engagement,” will take place on July 14, 2022, from 2:20 PM to 3:00 PM ET. SharpLink specializes in providing data-driven user engagement solutions in the sports betting sector, utilizing proprietary technology to enhance customer conversion.

SharpLink Gaming Ltd. (Nasdaq:SBET) has appointed Tom Masterman as Vice President of Revenue to enhance direct enterprise sales and strengthen customer relationships. With over a decade of experience in the sports betting technology sector, Masterman previously held senior roles at Sportradar and Genius Sports Media. CEO Rob Phythian expressed optimism about Masterman's potential to significantly influence the company's future success. SharpLink is focused on connecting sports fans with relevant betting content through its intelligent C4 Sports Betting Conversion technology.

SharpLink Gaming (Nasdaq:SBET) has expanded its collaboration with Quintar Inc., integrating its C4 sports betting conversion technology into Quintar's AR-enabled Metaverse platform. This partnership aims to enhance user engagement in legalized sports betting states by providing real-time betting content. The Metaverse is projected to reach a market value of $800 billion by 2024, signaling a significant opportunity for both companies. SharpLink’s C4 solution has been validated by major sports leagues, positioning it as a trusted choice for digital betting solutions.

SharpLink Gaming Ltd. (Nasdaq:SBET) reported its financial results for 2021, highlighting its role as a leader in the U.S. sports betting and iGaming industries. The company utilizes data-driven technology to enhance user engagement and conversion for licensed online sportsbooks. Following the release of its Form 20-F, SharpLink's management will discuss these results in a corporate update webcast today at 11:30 AM ET. The company emphasizes its innovative betting conversion technologies and the potential for industry growth.

SharpLink Gaming Ltd. (Nasdaq:SBET) announced that its subsidiary, Poker Affiliate Solutions (PAS), has been appointed by WPT Global as its Master Affiliate for the new affiliate program. PAS has nearly two decades of experience in the iGaming market and has received multiple accolades as a top affiliate manager. The partnership aims to leverage PAS's expertise to enhance WPT Global's affiliate program as it expands into nearly 100 countries. The global online gambling market is projected to grow from $72.3 billion in 2021 to $131.4 billion by 2027, indicating potential revenue growth for SharpLink.

SharpLink Gaming Ltd. (Nasdaq:SBET) will host a webcast on May 17, 2022, at 11:30 AM ET to discuss its audited financial results for the year ended December 31, 2021. CEO Rob Phythian and leadership team members will address key business matters. Investors can submit questions via email until May 13, 2022, at 5:00 PM ET. The company plans to file its audited results on Form 20-F with the SEC on May 16, 2022. SharpLink specializes in data-driven sports betting engagement and iGaming solutions, using AI technology for personalized user experiences.

SharpLink Gaming Ltd. (Nasdaq:SBET) reported it has received a notification from Nasdaq regarding non-compliance with the minimum Market Value of Listed Securities (MVLS). The company has until October 17, 2022, to regain compliance, which requires an MVLS of $35 million for 10 consecutive business days. SharpLink believes it currently meets alternative compliance standards and will confirm this through its upcoming audited financial results for fiscal year 2021.

SharpLink Gaming Ltd. (Nasdaq:SBET) reported a significant increase in conversion metrics from NASCAR.com fans to BetMGM sports betting depositors during the first five weeks of the 2022 NASCAR season. Key results showed a 9.2% engagement rate with promotional offers, 72% increase in registrations, 152% rise in deposits, and 225% increase in qualified depositors. This performance underscores the effectiveness of SharpLink's C4 conversion engine in enhancing user engagement and conversion rates in the sports betting sector.

SharpLink Gaming Ltd. (Nasdaq: SBET) has announced progress in licensing for sports betting conversion solutions across 12 U.S. states, including major markets like New Jersey and New York. The company is also in the advanced stages of licensing in Arizona, Louisiana, Michigan, and Virginia. Following the Supreme Court's 2018 decision to allow state-regulated sports betting, SharpLink’s operations represent about 59% of total betting handle in legal states. CEO Rob Phythian highlighted compliance and licensing as crucial for growth in the expanding online betting market.