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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.
SharpLink Gaming Ltd. (Nasdaq: SBET) will host its Annual General Meeting of Shareholders on December 20, 2021, at 4:00 PM CT at its headquarters in Minneapolis. The agenda includes the reelection of directors and the approval of RSM US LLP as independent accountants for 2021. Shareholders of record as of November 16, 2021, can vote at the meeting. A proxy statement will be mailed by November 22, 2021, detailing proposals. Shareholders can express their positions on agenda items until December 10, 2021. Voting by proxy must be received four hours prior to the meeting.
SharpLink Gaming Ltd. (Nasdaq: SBET) announced a corporate update webcast scheduled for November 17, 2021, at 11:30 AM ET. The event, led by CEO Rob Phythian and the leadership team, will discuss business progress, growth strategies, and operational highlights. Investors are invited to submit questions via email by November 12, 2021. Founded in 2019, SharpLink specializes in connecting sports fans with online betting solutions through its C4 Sports Betting Conversion Platform. The company utilizes advanced AI technologies to personalize betting offers for users based on their preferences.
SharpLink Gaming Ltd. (Nasdaq:SBET) announced the integration of its C4 Sports Betting Conversion technology with SportsHub Games Network, enhancing user engagement by converting fantasy game players into sports bettors. A study found C4 technology achieved 59.31% user engagement, a dramatic improvement over traditional ads, boosting conversion rates by over 300%. SportsHub attracts 1.89 million annual visits, enabling SharpLink to leverage user behavioral data. Both companies signed a revenue-share agreement to benefit from this integration.
SharpLink Gaming Ltd. (SBET) has partnered with NBC Sports to launch an interactive, free-to-play online fantasy game for the 43rd Ryder Cup, taking place from September 24-26, 2021. The game allows fans to select six golfers from Team USA or Team Europe, earning points based on real match outcomes. This initiative aims to enhance fan engagement and offers participants a chance to win Ryder Cup merchandise. SharpLink's innovative technology will help engage a wider audience during this popular event, historically reaching over half a billion households worldwide.
SharpLink Gaming Ltd. (Nasdaq: SBET) has partnered with the NFL's Minnesota Vikings for the third year to launch a free-to-play online game, Pass or Play. This fantasy-style game allows fans to create a weekly team and compete for prizes throughout the regular season. With over 60 million Americans participating in online fantasy games, SharpLink aims to enhance fan engagement despite Minnesota's current restrictions on online sports betting. CEO Rob Phythian highlighted the company’s expertise in gamification as vital for connecting fans to sports betting.
SharpLink Gaming Ltd. (Nasdaq: SBET) has appointed Brian Bennett, CPA, as the new Chief Financial Officer, effective August 16, 2021. Bennett, who succeeds interim CFO Christian Peterson, brings over a decade of finance experience, having held positions in companies like Cirrus Aircraft and ALLETE, Inc. CEO Robert Phythian expressed gratitude towards Peterson for his contributions, particularly in the merger with Mer Telemanagement Solutions and Nasdaq listing. SharpLink specializes in connecting sports fans with sports betting content through its innovative technology platform.
SharpLink Gaming Ltd. (Nasdaq: SBET), a leader in technological solutions for the U.S. online sports betting industry, announces a corporate update webcast on August 19, 2021, at 11:00 AM ET. CEO Rob Phythian and the leadership team will discuss business growth strategies and operational highlights. Investors are invited to submit questions by August 17, 2021. SharpLink, founded in 2019 and based in Minneapolis, connects sports fans with betting content through its C4 Sports Betting Conversion Platform, utilizing AI to enhance user engagement.
SharpLink Gaming Ltd. (Nasdaq: SBET) announced an expanded partnership with NASCAR to enhance online sports betting features on NASCAR.com using its C4 Sports Betting Conversion Platform. Initially launched earlier this year, this collaboration aims to improve customer engagement through personalized betting opportunities. NASCAR's Managing Director noted impressive early engagement levels, and SharpLink’s CEO emphasized successful deployment and maintenance support, allowing NASCAR to focus on user experience. This partnership is expected to drive deeper customer engagement by introducing new features for fans through the remainder of the 2021 racing season.
SharpLink Gaming Ltd. (Nasdaq: SBET) has announced that its ordinary shares will commence trading on The Nasdaq Capital Market following a 1-for-2 reverse stock split. This change took effect on July 28, 2021. CEO Robert Phythian expressed pride in joining Nasdaq, highlighting the potential for growth in the U.S. online sports betting industry, projected to reach $39 billion by 2033. Additionally, the company received confirmation from Nasdaq that it meets the requirements for continued listing post-merger with Mer Telemanagement Systems Ltd.
SharpLink Gaming Ltd. announced the completion of its merger with U.S.-based SharpLink, Inc., effective July 27, 2021. Following the merger, the company will trade on the Nasdaq under the new ticker symbol SBET. A $6 million private placement was completed prior to the merger, along with a 1-for-2 reverse stock split, resulting in 14.8 million shares outstanding. CEO Robert Phythian emphasized the strategic importance of entering the burgeoning U.S. online sports betting market, projected to reach $15 billion by 2025, driven by their C4 Sports Betting Conversion Platform.
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