Esports Entertainment Group targets US gambling market
4 June 2020
Esports Entertainment Group, a licensed online gambling company with a specific focus on eSports wagering and 18+ gaming, announced the formation of GMBL New Jersey Inc, a wholly-owned New Jersey subsidiary, in order to pursue gambling licenses throughout the United States that will further the Company’s eSports gambling market.
With this new subsidiary, Esports Entertainment Group expects to “make its first such application with the State of New Jersey in the near future and will provide updates for each anticipated application as they are submitted in each available jurisdiction”. The company explained in a statement that its US operations will be “based in New Jersey, where it expects to establish facilities and operating personnel”.
“Today’s announcement marks yet another significant milestone and provides the market with even greater insight as to our growth strategy,” said Grant Johnson, CEO of Esports Entertainment Group. “The US market represents a very big opportunity for us and thanks to the continued support of our valued shareholders, we intend to aggressively pursue it in 2020 and beyond.”