Alex Igelman, CEO of Esports Entertainment, shared the company’s plans for B2C expansion and outlined its divestment efforts in a letter to shareholders published 18 April.
Esports Entertainment has been in trouble since May 2022 when it admitted “doubt” regarding whether it could stay in business for another year. In November, its brands SportNation and RedZone ceased trading in the UK, while former CEO Grant Johnson exited the following month, after rumours swirled over its future.
Igelman, who was appointed in January this year, said that he carried out a company review and coordinated this with an action plan…
He explained that Esports Entertainment would now focus on expanding its B2C offerings, specifically through its Idefix platform.
