GMBL - Esports Entertainment Group's iGaming momentum continues
Esports Entertainment's (GMBL -0.8%) iGaming division, which holds five Tier-1 gaming licenses across Europe and the United States, has delivered seven consecutive weeks of Net Gaming Revenue in excess of $1M to begin the quarter and 10 straight weeks in total dating back to Dec. In Jan., the iGaming division achieved their highest revenue month with more than $6M. This month, the Co.'s casino brands have reported record levels of first-time depositing users since the acquisition of Lucky Dino a year ago. Additionally, cross-selling initiatives across brands have been a strong tailwind to-date in 2022. The Co. is eager for the inaugural launch of its LANDUEL peer-to-peer wagering platform, which is set for March 19-20 at the Hard Rock Casino & Hotel in Atlantic City, New Jersey.
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Esports Entertainment Group's iGaming momentum continues