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home / news releases / GMBL - Beasley Broadcast: Compelling Upside Amid Economic Reopening Insider Buying & eSports


GMBL - Beasley Broadcast: Compelling Upside Amid Economic Reopening Insider Buying & eSports

  • Beasley's traditional radio business was negatively impacted by the Coronavirus pandemic, and as a result the company permanently cut more than $20m of costs out of the business.
  • This leaner cost-structure should allow for a significantly more profitable company to emerge as the economic reopening picks up steam.
  • Second Quarter revenue is already pacing up nearly triple digits, with April up 128%, May up 100%, and June up 32%.
  • Company's CEO has recently been buying shares.
  • Beasley's eSports and Digital advertising segments provide potential growth drivers.

For further details see:

Beasley Broadcast: Compelling Upside Amid Economic Reopening, Insider Buying, & eSports
Stock Information

Company Name: Esports Entertainment Group Inc.
Stock Symbol: GMBL
Market: OTC
Website: esportsentertainmentgroup.com

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