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Esports Entertainment Group brings in more than $4M in exercised warrants

Esports Entertainment Group Inc (NASDAQ:GMBL) CEO Grant Johnson tells Proactive the gambling company focused on esports wagering has raked in nearly $4.4 million from the exercise of warrants since May 22.

Johnson says the new pool of capital infusion will be used towards marketing drive for its VIE.gg website as well as M&A activity.

Quick facts: Esports Entertainment Group, Inc.

Price: 3.89 USD

NASDAQ:GMBL
Market: NASDAQ
Market Cap: $45.22 m
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Esports Entertainment sees 4x registered users, customer deposits during...

Esports Entertainment Group Inc (NASDAQ:GMBL) VP of Marketing and Head of Esports Magnus Leppäniemi tells Proactive the group saw its registered users more than quintuple during the recent two-week Counter Strike:Global Offensive (CS:GO) esports tournament on VIE.gg. Leppäniemi says users grew...

1 week ago

2 min read