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Esports Entertainment Group adds Malta gaming specialist Alan Alden to its board

Alden serves as the general secretary of the Malta Remote Gaming Council

E-sports stadium
The company operates Vie.gg, a betting exchange platform which allows fans to wager on e-sports games

Esports Entertainment Group Inc (OTCQB:GMBL) welcomed Alan Alden, general secretary of the Malta Remote Gaming Council, to its board of directors.

Alden served as senior manager of enterprise risk services at the Malta arm of Deloitte & Touche and has advised remote gaming companies in the country since 2000.

READ: Esports Entertainment Group expands into the Southeast Asia via team marketing deals

“Alan’s experience in finance, gambling and regulatory matters make him uniquely qualified as a board member for our company. We are excited to have him join our Board, as he will be a major asset in our future plans,” said Esports CEO Grant Johnson in the company’s press release.

The company operates Vie.gg, a betting exchange platform which allows fans to wager on a variety of esports games, including Call of Duty, Overwatch, League of Legends and PlayerUnknown's Battlegrounds.

Fans are able to bet against each other rather than betting against the house.

The company recently signed a marketing agreement with e-sports betting-comparison site SickOdds, which will showcase its exchange.

Shares of the Antigua-based company dipped about 7% to $0.61 in Friday morning trading.

 

--Contact Lenore Fedow at [email protected]

--Follow her on Twitter@LenoreMariee

Quick facts: Esports Entertainment Group, Inc.

Price: 5.1 USD

NASDAQ:GMBL
Market: NASDAQ
Market Cap: $65.77 m
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