Company Overview
Esports Entertainment Group Inc. (OTC: GMBL) is a licensed online-gambling company specializing in e-sports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet-exchange-style wagering on e-sports events in a licensed, regulated, and secured platform to the global e-sports audience, excluding the U.S. and EU. In addition, the Company intends to offer users from around the world the ability to participate in multi-player mobile and PC video-game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online-gambling and video-game industries. For more information, please visit www.esportsentertainmentgroup.com.
Value Proposition
GMBL is in the early stages of a large market opportunity. The online gambling market is the fastest-growing sports market in the world. Fortune predicted that the e-sports fan base would surpass the NFL by 2017. In 2016, there were 424 e-sports events; North America held 28% of the events, followed by Western Europe with 26% and Eastern Europe with 13%. Total e-sports prize money in 2016 reached $93.3 million, up from $61.0 million in 2015, an increase of 52.9% year over year.
In November 2017, the Company announced its beta test launch of its VIE Esports-wagering platform, with global e-sports enthusiasts competing for more than $100,000 in prize money. As an early-stage opportunity, trading in GMBL shares provides investors an opportunity to capitalize in the fast-growing e-sports market.
Investment Highlights
- GMBL launched a beta test of its VIE e-sports wagering platform in November 2017
- Global e-sports enthusiasts compete for more than $100,000 in prizes
- Esports Entertainment Group received its e-gaming license to conduct real-money e-sports betting on a global basis from Curacao
- Current online gambling market is more than $50 billion
- According to Fortune, the e-sports fan base will surpass the NFL by 2017
- Esports Entertainment Group signed over 60 affiliate streamers at gamescom in September 2017
- Gamescom is the world largest event for computer and video games
Additional Information
More Information | Company Website
Investor Contact Info:
RedChip Companies Inc.
1017 Maitland Center Commons Blvd.
Maitland, FL 32751
(407) 644-4256
www.RedChip.com
