Tag: Esports Entertainment Group
Esports Entertainment suspends monthly dividend
Esports Entertainment Group (EEG) has suspended payment of the monthly cash dividend on its outstanding 10% Series A cumulative redeemable... more
Esports Entertainment Group confident of restructuring benefits in face of FY23 revenue drop
Esports Entertainment Group (EEG) is confident of its cost reduction abilities despite a sharp fall in revenue in the 2023 fiscal year, as... more
Esports Entertainment Group securities purchase adds $4M to balance sheet
Esports Entertainment Group (EEG) has entered into a securities purchase agreement with an institutional investor, aiming to secure a... more
Esports Entertainment CEO details B2C, divestment plans
Alex Igelman, CEO of Esports Entertainment, shared the company’s plans for B2C expansion and outlined its divestment efforts in a... more
Esports Entertainment to sell Bethard at a discount price of €9.5m
Esports Entertainment Group (EEG) has agreed terms to sell its Bethard online casino and sportsbook business for €9.5m . When announcing... more
Ex-Esports Entertainment Group CEO sues company as downward spiral continues
Grant Johnson, the recently removed CEO of Esports Entertainment Group, has filed a lawsuit against his former employer alleging that the... more
Esports Entertainment Group COO and CFO resigns
Damian Mathews has resigned from his position as chief operating officer and chief financial officer of Esports Entertainment Group (EEG).... more
Esports Entertainment Group dodges delisting, considers abandoning igaming, confirms CEO exit
Operator Esports Entertainment Group (EEG) will consider a sale of its remaining igaming business, and also confirmed the exit of chief... more
Esports Entertainment Group shuts down Vie.gg sportsbook
Esports betting and entertainment company Esports Entertainment Group has closed down its esports-focused sportsbook Vie.gg. The decision... more
Esports Entertainment Group at mercy of creditor with $2.6m left on hand
Esports Entertainment Group’s future may be in the hands of a creditor, as the Bethard operator revealed that its notesholder had still... more