Esports Entertainment Group Partners with Twin River Worldwide Holdings, Inc. to Launch Online Sports Betting in New Jersey
20 August 2020 - 10:00PM
Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) ( the
“Company”), a licensed online gambling company with a focus on
esports wagering and 18+ gaming, entered into a multi-year
partnership with Twin River Worldwide Holdings, Inc. (NYSE: TRWH).
The partnership will lead to the launch of
Esports Entertainment Group’s proprietary mobile sports betting
product in the state of New Jersey, pending Twin River obtaining
the necessary regulatory approvals to complete its acquisition of
Bally’s Atlantic City Hotel & Casino in Atlantic City, New
Jersey. Upon the acquisition, Twin River acquires the right to
three online sports betting skins in New Jersey, leading to the
creation of this partnership.
“We are excited to partner with Twin River as we
bring mobile sports betting to the New Jersey market,” added Grant
Johnson, CEO of Esports Entertainment Group. “When we completed our
IPO on Nasdaq earlier this year, it was with the intention of
expanding our operations in the US. With this partnership, we’re
delivering on that goal.”
“Esports Entertainment will be a great addition
to our growing partnerships with Sportsbook leaders around the
world, as we currently operate sportsbooks in Rhode Island,
Colorado, Delaware and Mississippi,” says George Papanier,
President and CEO of Twin River Worldwide Holdings. “Bringing this
new, unique offering to the AC market with a prominent gaming
partner is one of the many exciting changes we have in store for
Atlantic City in the months to come.”
About Twin River Worldwide Holdings, Inc. Twin
River Worldwide Holdings, Inc. owns and manages nine casinos, two
in Rhode Island, two in Mississippi, one in Delaware, one in
Missouri and three casinos as well as a horse racetrack that has 13
authorized OTB licenses in Colorado. Properties include Twin River
Casino Hotel (Lincoln, RI), Tiverton Casino Hotel (Tiverton, RI),
Hard Rock Hotel & Casino (Biloxi, MS), Casino Vicksburg
(formerly Lady Luck Casino Vicksburg in Vicksburg, MS), Dover Downs
Hotel & Casino (Dover, DE), Casino KC (formerly Isle of Capri
Casino in Kansas City, MO), Golden Gates Casino (Black Hawk, CO),
Golden Gulch Casino (Black Hawk, CO), Mardi Gras Casino (Black
Hawk, CO), and Arapahoe Park racetrack (Aurora, CO). Its casinos
range in size from 603 slots and 8 electronic table games to
properties with over 4,100 slots, approximately 125 table games,
and 48 stadium gaming positions, along with hotel and resort
amenities. Its shares are traded on the New York Stock Exchange
under the ticker symbol "TRWH." For more information, visit
www.twinriverwwholdings.com.
About Esports Entertainment Group Esports
Entertainment Group, Inc. is a licensed online gambling company
with a specific focus on esports wagering and 18+ gaming. Esports
Entertainment offers fixed odds wagering, fantasy and pools on
various esports events in a licensed, regulated and secure platform
at vie.gg and owns and operates online sports book,
SportNation.bet. In addition, Esports Entertainment intends to
offer users from around the world the ability to participate in
multiplayer mobile and PC video game tournaments for cash prizes.
Esports Entertainment is led by a team of industry professionals
and technical experts from the online gambling and the video game
industries, and esports. The Company holds a license to conduct
online gambling and 18+ gaming on a global basis in the UK,
Ireland, Malta and Curacao. The Company maintains offices in New
Jersey, the UK and Malta. For more information visit
www.esportsentertainmentgroup.com.
FORWARD-LOOKING STATEMENTS
The information contained herein includes
forward-looking statements. These statements relate to future
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our actual results, levels of activity, performance, or
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actual results could differ materially from those anticipated in
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available in the future. The safe harbor for forward-looking
statements contained in the Securities Litigation Reform Act of
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statements if they comply with the requirements of the Act.
Contact:
U.S. Investor Relations RedChip
Companies, Inc. Dave Gentry 407-491-4498 dave@redchip.com
Media & Investor Relations Inquiries
AGORACOM ESPO@agoracom.com
http://agoracom.com/ir/eSportsEntertainmentGroup
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