Gambling Clear News
Igaming and esports supplier Esports Entertainment Group (EEG) has announced that it has entered into an agreement to exchange the majority of its debt with company stock. The business entered into the deal with the holder of the debt, Alto Opportunity Master Fund, which agreed to exchange the remaining balance of the company’s liabilities into
Alex Igelman, CEO of Esports Entertainment, shared the company’s plans for B2C expansion and outlined its divestment efforts in a letter to shareholders published today (18 April). Esports Entertainment has been in trouble since May 2022 when it admitted “doubt” regarding whether it could stay in business for another year. In November, its brands SportNation
German video game age rating body Unterhaltungssoftware Selbstkontrolle will start considering whether a game includes loot boxes as part of its age-rating system from 1 January. The body last week issued a reminder that new rules will apply to its age-rating system for video games from 1 January. It specifically noted that this system will
