Esports Entertainment Group Completes ‘Soft Play’ Phase Ahead of Full Launch of Betting Operations in New Jersey
Hoboken, New Jersey–(Newsfile Corp. – April 4, 2022) – Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the “Company”) announced today that it has successfully completed the ‘soft play’ phase of New Jersey’s Division of Gaming Enforcement regulatory process for betting in the state. The Company’s VIE.gg esports betting platform will debut its full launch today, allowing registered bettors across the state of New Jersey to place wagers on approved professional esports events.
Esports Entertainment Group is the first operator to be granted the right to launch full esports betting operations in the state of New Jersey. The Company’s VIE.gg platform allows bettors across the state of New Jersey, the 11th most populous U.S. state, to wager on their favorite esports teams in real-time as part of a seamless and immersive experience. Players are able to leverage their esports prowess across games such as Call of Duty™, Overwatch™, CS:GO™, League of Legends™ and DOTA 2™.
“We are pleased with the completion of the soft play period, which is a testament to all the hard work by our team over the past year,” said Grant Johnson, CEO of Esports Entertainment Group. “As the first licensed esports-focused betting site in North America, we’re thrilled to fully launch the VIE.gg platform in New Jersey, one of the largest and most promising jurisdictions for sports wagering in the country.”
About Esports Entertainment Group
Esports Entertainment Group is a full stack esports and online gambling company fueled by the growth of video-gaming and the ascendance of esports with new generations. Our mission is to help connect the world at large with the future of sports entertainment in unique and enriching ways that bring fans and gamers together. Esports Entertainment Group and its affiliates are well-poised to help fans and players to stay connected and involved with their favorite esports. From traditional sports partnerships with professional NFL/NHL/NBA/MLS teams, community-focused tournaments in a wide range of esports, and boots-on-the-ground LAN cafes, EEG has influence over the full-spectrum of esports and gaming at all levels. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.
FORWARD-LOOKING STATEMENTS
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Contact:
Media Inquiries
brandon.apter@esportsentertainmentgroup.com
KCSA
eeg@kcsa.com
Investor Relations Inquiries
Jeff@esportsentertainmentgroup.com
JCIR
Joseph Jaffoni, James Leahy, Norberto Aja
212-835-8500
gmbl@jcir.com
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