Market Capitalization (Millions $) |
0 |
Shares
Outstanding (Millions) |
1 |
Employees |
71 |
Revenues (TTM) (Millions $) |
-44 |
Net Income (TTM) (Millions $) |
-171 |
Cash Flow (TTM) (Millions $) |
-2 |
Capital Exp. (TTM) (Millions $) |
0 |
Esports Entertainment Group Inc
Esports is a spectator sport in which amateur and professional teams compete in video games. Esports are organized multiplayer video games in which genres such as real-time strategy, combat, first-person shooter, and multiplayer online battle arena games are played. Most major professional esports events, as well as a wide range of amateur esports events, are streamed live on sites like twitch.tv and youtube.com.
We offer a best-in-class esports betting platform with complete casino and sportsbook capability in the EEG iGaming industry. Phoenix, our proprietary gambling software platform, is a modernized sportsbook that appeals to both millennial esports gamblers and conventional sports bettors. Phoenix is being built with the assets and resources of FLIP Sports Limited, a software development firm that we purchased in September 2020.
EEGs vision is to be a market leader in the enormous and quickly increasing esports real-money wagering market, allowing fans to gamble on professional esports events in a legal and safe environment. We will be authorized to take wagers from citizens of over 180 jurisdictions starting in February 2021, thanks to the rules of our Maltese Gaming Authority (MGA) license.
Our goal in the EEG Games vertical is to provide every player with esports enjoyment. We accomplish this by combining 1) in-person experiences (at Helix Centers), 2) online tournaments (using the recently purchased EGL tournament platform), and 3) player-vs-player wagering (through our soon-to-be-released LANDuel product). We have struck exclusive marketing agreements with major sports organizations throughout the NFL, NBA, NHL, and MLS to give visibility for our platforms.
Our unique infrastructure software, ggCircuit, is the backbone of our EEG Games vertical. ggCircuit is the premier supplier of LAN center administration software, allowing us to manage mission-critical operations like game licensing and payments with ease.
Company Address: Block 6 St. Julians 0
Company Phone Number: 2713 1276 Stock Exchange / Ticker: GMBL
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