Esports Entertainment Group, Inc. Reports Fiscal 2021 Third Quarter Financial Results – Yahoo Finance

Esports Entertainment Group, Inc. Reports Fiscal 2021 Third Quarter Financial Results – Yahoo Finance


  • Third quarter Revenues of $5.4 Million, up 129% from previous quarter

  • Driven by completion of Lucky Dino asset purchase on 1st March

  • Performance bolstered by launch of SportNation.com and Vie.bet on Maltese Gaming Authority license during the quarter

  • Investment continued in building out Technology team and platform development as well as to achieve scale in back-office functions

  • Cash Jumps $11.3Million in 3Q21, Ending the Quarter at $16.9 Million with No Debt

Newark, New Jersey–(Newsfile Corp. – May 17, 2021) – Esports Entertainment Group, Inc. (NASDAQ: GMBL) (the “Company” or “EEG”), a diversified operator of esports, igaming and traditional sports betting businesses with a global footprint, today announced financial results for its fiscal 2021 third quarter ended March 31, 2021.

Fiscal 2021 Third Quarter Financial Results Highlights