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St. Julian’s, Malta, March 28, 2024 (GLOBE NEWSWIRE) — Esports Leisure Group, Inc. (OTCQB: GMBL) (OTCQB: GMBLP) (“Esports Leisure Group”, “EEG”, or the “Firm”), a number one, international iGaming firm and business-to-business (B2B) esports content material and options supplier, at this time introduced its widespread inventory, buying and selling beneath the image GMBL, par worth $0.001, and 10% Collection A Cumulative Redeemable Convertible Most popular Inventory, buying and selling beneath the image GMBLP, have been authorized for upgraded citation on the OTCQB Enterprise Market, efficient as of March 28, 2024.
OTCQB is a enterprise market operated by the OTC Markets Group Inc. To be eligible for citation on the OTCQB, corporations have to be present of their reporting and bear an annual verification and administration certification course of. OTCQB is acknowledged by the U.S. Securities and Trade Fee as a longtime public market and gives present public info to buyers who want to investigate, worth, and commerce securities.
“We’re happy to affix the various different corporations presently buying and selling on the OTCQB market. Our inclusion within the OTCQB market will guarantee continued transparency for our shareholders, clients, companions and the general public at massive and permit us to avail ourselves of entry to the general public capital markets,” stated Alex Igelman, CEO of Esports Leisure Group.
About Esports Leisure Group
Esports Leisure Group is a worldwide MGA-licensed, “esports-focused” iGaming B2C operator and a US-focused B2B supplier of esports options. The Firm owns and operates the world’s main esport venue administration system, presently deployed in over 1000 international areas, together with greater than 200 schools and universities. The Firm’s technique is to capitalize on the multi-billion-dollar marketplace for esports and esports wagering by leveraging its main place within the business. The Firm can also be focusing on the quickly rising marketplace for short-form esports wagerable content material, which options aggressive, short-cycle head-to-head leagues which are optimized for betting. Along with its plans to distribute esports content material, the Firm presently gives B2C-focused wagering by means of its MGA-licensed suite of manufacturers. For added details about the Firm, please go to www.esportsentertainmentgroup.com.
Ahead-Wanting Statements
The knowledge contained herein consists of forward-looking statements, as outlined within the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements typically could be recognized by phrases resembling “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “initiatives,” “shall be,” “will proceed,” “will doubtless consequence,” and comparable expressions. These statements relate to future occasions or to our methods, focused markets, and future monetary efficiency, and contain identified and unknown dangers, uncertainties and different components which will trigger our precise outcomes, ranges of exercise, efficiency, or achievements to be materially totally different from any future outcomes, ranges of exercise, efficiency or achievements expressed or implied by these forward-looking statements. You shouldn’t place undue reliance on forward-looking statements since they contain identified and unknown dangers, uncertainties and different components that are, in some instances, past our management and which might, and sure will, materially have an effect on precise outcomes, ranges of exercise, efficiency or achievements. Components that would trigger or contribute to such variations embrace, however should not restricted to, these mentioned in our most up-to-date Annual Report on Kind 10-Ok and subsequent Quarterly Studies on Kind 10-Q, and people mentioned in different paperwork we file with the SEC together with, the timing of deregistration of our securities, our obligations beneath our secured debt, excellent most popular inventory, as amended, the settlement settlement with the holder of our Collection C Most popular Inventory and Collection D Most popular Inventory, and our capability to proceed as a going concern. Any forward-looking assertion displays our present views with respect to future occasions and is topic to those and different dangers, uncertainties and assumptions regarding our operations, outcomes of operations, development technique and liquidity. We assume no obligation to publicly replace or revise these forward-looking statements for any cause, or to replace the explanations precise outcomes might differ materially from these anticipated in these forward-looking statements, even when new info turns into out there sooner or later, until required by regulation. The protected harbor for forward-looking statements contained within the Personal Securities Litigation Reform Act of 1995 protects corporations from legal responsibility for his or her forward-looking statements in the event that they adjust to the necessities of such Act.
Contact:
Tel: 356 2713 1276
E-mail: [email protected]
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