Connect with us

Latest News

Esports Entertainment Group Completes Acquisition of EGL

Published

on

NEWARK, N.J., Jan. 21, 2021 (GLOBE NEWSWIRE) — Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (or the “Company”), an esports entertainment and online gambling operator, today announced the closing of its Esports Gaming League (“EGL”) acquisition.

“EGL is a great addition to our growing operations and further strengthens our ability to execute on our three-pillar strategy,” commented Grant Johnson, CEO of Esports Entertainment Group. “EGL technology underpins the esports programs for some of the world’s best-known sports franchises, including the LA Kings, Philadelphia Eagles, and Arsenal Football Club. We plan to build on this strong foundation moving forward, driving near-term revenue growth and long-term shareholder value improvement.”

“As part of the Esports Entertainment Group family, we now have the opportunity to push our technology and resources to further grow our client roster,” added Glen Elliott, CEO of EGL. “We have been impressed with Grant’s leadership and vision and are excited to become an integral part of Esports Entertainment Group’s drive to become the industry leader.”

EGL is a B2B-centric provider of live and online events and tournaments where gamers can compete and enjoy a wide range of content relating to esports and video games on a proprietary technology platform with over 350K registered gamers. Services include full turnkey esports events, live broadcast production, game launches, and online branded tournaments.

About Esports Entertainment Group
Esports Entertainment Group, Inc. is an esports and online gambling company. The Company operates a number of entities across three key pillars: 1) esports entertainment and infrastructure, 2) esports wagering, 3) iGaming. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

U.S. Investor Relations 
RedChip Companies, Inc.
Dave Gentry
407-491-4498
[email protected]

Media & Investor Relations Inquiries
[email protected]

With an experience of over 8 years in the online gambling industry, as an affiliate, later affiliate manager and consultant, I consider myself a veteran of the industry and can guarantee that you will be served with the most accurate information.

Continue Reading
Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

Reflex Gaming reels in festive fun with the launch of Big Game Fishing Christmas Catch

Published

on

Reading Time: 2 minutes

Reflex Gaming, the UK’s largest independently owned omni-channel supplier, is delighted to announce the launch of Big Game Fishing Christmas Catch, the latest title in one of our most successful game brands to date.  
Released in collaboration with Yggdrasil, this festive instalment brings a sleigh-full of new features, big-win potential and the unmistakable charm that has made the Big Game Fishing series a standout performer across markets.
Big Game Fishing Christmas Catch reels players into a joyful seasonal adventure with Fred the fisherman, who returns with a glittering tackle box of new mechanics. Players can choose between two base game modes, including Max Play, where the reels are stripped back to only Fish, Fishermen and Bonus symbols for pure catch-chasing momentum. Activating Golden Bet adds extra excitement, awarding an extra chance of winning free spins whenever two Bonus symbols land.
The Free Spins round ramps up the action even further. Depending on the number of Bonus symbols landing, players can begin with up to 20 spins, starting at higher levels with added trail progress. Throughout the feature, Fishermen collect all Cash Fish in view, apply their multipliers and push players to fill the 9-stage trail toward progressively bigger catches. Every three Fishermen collected, upgrade the fish values, award 10 extra spins and unlock the next level – culminating in the thrilling chase for the 5000× Golden Pike. Fishermen can even lock onto the reels while waiting to reel in the next big win, boosting anticipation and engagement.
Additional highlights include the Hook a Bonus feature, where fishing rods can appear after a base game spin to pull bonus symbols onto the reels, a Dual Gamble feature, offering two gamble wheels (one for bigger cash prizes, and the other for free spins), and a Bonus Buy option where players can pay x125 to buy Free Spins with their choice of bet size.
Mat Ingram, Chief Product Officer at Reflex Gaming, said: “Big Game Fishing has become one of our most successful and recognisable brands, so delivering a festive edition felt like the perfect next step. Christmas Catch brings a joyful twist to the core mechanics while adding new layers of anticipation and player choice. The big-win potential is enormous, and the upgrade trail in Free Spins creates some of the most exciting moments we’ve produced in the series. We can’t wait for players to dive in.”
Big Game Fishing Christmas Catch launches 9 December across Yggdrasil’s network of operators.

The post Reflex Gaming reels in festive fun with the launch of Big Game Fishing Christmas Catch appeared first on European Gaming Industry News.

Continue Reading

Latest News

Amusnet Releases 40 Burning Hot Buy Bonus

Published

on

Reading Time: 2 minutes

This December, Amusnet brings to life another game release as part of its iconic fruit series – 40 Burning Hot Buy Bonus. This video slot is a vibrant release that blends classic charm with dynamic gameplay.

With five reels, 40 blazing paylines and 11 symbols, the game delivers a richer, juicier take on an already fan-favourite formula, packed with colour, motion and non-stop excitement. The two Scatter symbols add an extra layer of anticipation, creating more opportunities for engaging outcomes, keeping the gameplay’s high energy from the beginning to the end.

At the centre of the action are the game’s signature features. Expanding Wild ignites the reels on the 2nd, 3rd and 4th reels, spreading the chance to elevate the thrill of every spin.

For players who like to take control, the Buy Bonus feature is the key to instant action – allowing Expanding Wilds to be purchased at any time for an extra burst of excitement. Add to that the Mystery Jackpot Cards game, where hidden treasures await in four progressive levels, and every moment becomes a chance to make the best of the gameplay.

With its glowing visuals, classic fruit aesthetic and a lineup of special features, 40 Burning Hot Buy Bonus stands out as a bold, fiery addition to Amusnet’s portfolio. It’s a fresh, revitalised take on a beloved style – crafted to deliver colour, energy and heat with every moment.

Buy Bonus

The Buy Bonus allows players to purchase one, two or three Expanding Wilds on reels 2, 3 or 4 for 5x, 15x and 70x the total bet, respectively.

Guaranteed Wins

While active, Guaranteed Wins ensures that at least one winning line appears on the reels during spins.

Expanding Wild

The Clover Wild symbol can appear and expand on reels 2, 3 and 4, substituting for all other symbols except the Dollar and Star Scatter symbols.

Gamble

Play the game and multiply the winnings through the Gambling feature.

Jackpot Cards

The Jackpot Cards bonus game is triggered at random during the gameplay to allow players to win impressive jackpots.

The post Amusnet Releases 40 Burning Hot Buy Bonus appeared first on European Gaming Industry News.

Continue Reading

Latest News

PayDo Launches Unified Payment Infrastructure Suite for Digital Businesses

Published

on

Reading Time: 2 minutes

PayDo, a leading global payment ecosystem founded by Serhii Zakharov – who at just 25 became one of the youngest CEOs approved by the FCA to run an Electronic Money Institution in the UK, announced a series of strategic infrastructure launches designed to dismantle the costly complexity of modern payment stacks.

The releases—Direct SEPA & SEPA Instant access, USD SWIFT Accounts, Dedicated C2B Open Banking Collections Accounts and Direct VISA and MasterCard Acquiring—are not standalone products, but integrated components of PayDo’s unified platform.

For the first time, online businesses can access this comprehensive suite under a single contract, one technical integration and with a dedicated account manager, eliminating the operational burden of managing multiple providers.

The launches directly address the primary pain points of payment fragmentation: high costs from intermediaries, slow settlement times, compliance overhead and loss of control. By securing direct memberships and building proprietary technology, PayDo now offers businesses enterprise-grade infrastructure with the agility of a FinTech.

The new services include:

• Direct SEPA & SEPA Instant: As a direct SEPA member, PayDo provides native European processing with no intermediary routing. This ensures faster, lower-cost euro transactions with immediate settlement capabilities via SEPA Instant.

• USD SWIFT Accounts: Online businesses can now receive dedicated USD account details via the SWIFT network, significantly reducing delays and fees associated with cross-border USD transactions, a critical need for a variety of cross-border operating online businesses.

• Dedicated C2B Open Banking Collections Accounts: A pioneering innovation, this service revolutionises how businesses receive payments. It enables instant, direct bank-to-business transfers from customers, offering an alternative to card networks with correct funds tracking and allocation, lower costs and real-time settlement. Functionality supports processing of +100,000 daily transactions.

• Launch of Direct Acquiring: PayDo is now a principal member acquirer for both Visa and Mastercard. This direct relationship removes a layer of intermediaries, reducing processing costs, improving authorisation rates and giving merchants greater control and transparency over their card payment flows.

These services are delivered within PayDo’s unified ecosystem, which also includes its signatory innovation – non-redirect E-Wallet checkout. This earlier innovation provided merchants with full friendly-fraud protection without any rolling reserve requirements. The new ecosystem approach allows companies in sectors like e-commerce, IT services, marketplaces, gaming and other Fintechs to streamline their entire financial operations, turning payment management from a resource drain into a competitive advantage.

Serhii Zakharov, CEO and Founder of PayDo, said: “For years, businesses have been forced to stitch together a patchwork of payment providers, each adding cost, complexity, and delay. We believe the future is not in more fragmentation, but in intelligent unification. These launches are not just new features; they are the foundational pillars of a coherent ecosystem. We are giving our clients direct control over the core rails of finance—from SEPA and SWIFT to card acquiring and Open Banking—all through one partnership. This is how we eliminate the hidden tax of fragmentation and empower businesses to scale globally with clarity and efficiency.”

PayDo’s ecosystem now processes over €5B annually for over 1000 businesses, leveraging its full regulatory compliance in the UK, Canada and the EU. The company’s direct infrastructure model is proving that the next wave of Fintech growth will be driven by consolidation and seamless integration, not further division.

The post PayDo Launches Unified Payment Infrastructure Suite for Digital Businesses appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.