Esports Entertainment Group posts $1.8m loss in first financial results | EGR

Malta-based operator aiming for $42m in total annual revenue by 2022 after going public in April

Esports Entertainment Group (EEG) has reported a net loss of $1.8m for Q3 2020 citing reduced UK revenue from its acquired Argyll Entertainment subsidiary. The Malta-based operator published its first financial results since going public on Nasdaq in April and expects performance to improve heading into 2021. EEG recorded revenue of $222,392 for Q3 2020,…

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