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GMBL News and Press, Esports Entertainment Group Inc. From 02/28/22

Stock Information

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

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GMBL - Esports Entertainment stock slumps 19% on pricing $15M stock and warrants offering

Esports Entertainment Group (NASDAQ:GMBL) is down 18.9% after hours after the firm has priced its previously announced underwritten public offering of 15M shares of common stock and accompanying warrants to purchase 15M shares of common stock for gross proceeds of ~$15.0M....

GMBL - Esports Entertainment Group Announces Pricing of $15 Million Public Offering of Common Stock and Warrants

Hoboken, New Jersey--(Newsfile Corp. - February 27, 2022) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") today announced the pricing of its previously announced underwritten public offering of 15,000,000 shares of common stock and accompanying warrants to...

GMBL - Esports Entertainment Group Announces Proposed Public Offering of Common Stock and Warrants

Hoboken, New Jersey--(Newsfile Corp. - February 25, 2022) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") today announced that it is commencing an underwritten public offering of shares of common stock (or pre-funded warrants in lieu thereof) and warrants ...

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....

GMBL - Esports Entertainment Group's iGaming Momentum Continues

Hoboken, New Jersey--(Newsfile Corp. - February 25, 2022) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the "Company") highlighted today the strong start to calendar year 2022 for its iGaming division. The Company's iGaming division, which holds five Tier-1 gaming lice...

GMBL - 3 Esports Stocks That Could Skyrocket 100% or More, According to Wall Street

The increasing preference for video games and the rising popularity of esports events have been driving the growth of the global esports market. In addition, rapid technological innovations and advancements in the virtual reality space should propel the sector's growth. Thus, Wall Street Anal...

GMBL - Esports Entertainment to install OMEGA at GAMMAX locations in the Netherlands

Esports Entertainment Group (NASDAQ:GMBL) has announced that GAMMAX, a Netherlands-based gaming and esports startup, has agreed to become the exclusive distributor of the revolutionary new OMEGA solution for the Dutch market. In addition, OMEGA will be installed in GAMMAX Gaming & Esports...

GMBL - Esports Entertainment Group to Install OMEGA at GAMMAX Locations in the Netherlands

Turnkey Solution allows Businesses and Entertainment Venues to add Esports and Gaming as a New Revenue Stream Hoboken, New Jersey--(Newsfile Corp. - February 23, 2022) - Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (EEG or the "Company") announced today that GAMMAX, a Neth...

GMBL - Esports Entertainment Group slides 27% after consensus miss: Q2 Earnings

Esports Entertainment Group (NASDAQ:GMBL) stock is down 27% in premarket trading after the company reported miss on both lines in its second quarter earnings results. Revenue of $14.5M (+514.4% Y/Y) misses consensus by $6.51M. Gross profit of $8M, down 19.5% sequentially. ...

GMBL - eSports Entertainment Group, Inc. (GMBL) - A Big Miss

Disappointing quarter. The company reported fiscal second quarter end Dec. 2021 net revenue of $14.5 million, which missed our mark by a significant 30%. Our Q2 revenue estimate was $20.8 million. Adj. EBITDA loss was $6.8 million, nearly double our loss estimate of $3.45 million. A convergenc...

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