Login/Register
Octoplay
Octoplay
Jumio
BetConstruct

Impairment charges weigh on Esports Entertainment in tough Q3

24th May 2022 10:11 am GMT

Esports Entertainment Group recorded a net loss of $63.6m in its fiscal third quarter ended 31 March, despite net revenue growth of almost 400 per cent.

Net revenue was 391 per cent higher than the same period a year ago at $15.7m, buoyed by growth across its iGaming and eSports verticals, which benefited from a more normalized operating environment during the quarter.

“On the iGaming front, we generated record-breaking quarterly revenue at Lucky Dino, one of our [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
BRAGG Gaming
Astropay
Greentube
Yggdrasil
Uplatform
Amusnet
Clarion
Jumio
BetConstruct