LAS VEGAS, July 22, 2021 /PRNewswire/ -- Esports Technologies, Inc. (NASDAQ:EBET), a leading global provider of advanced esports wagering products and technology, has appointed Michael Holm as Affiliate Director. In this new position, Holm's primary objective will be to streamline the Esports Technologies affiliate platform and leverage a network of affiliate partners, bolstering a consistent level of performance across multiple markets and across a wide range of products such as esports, sportsbook, casino and 'Play for Fun' games. Holm brings more than 15 years of iGaming e

LAS VEGAS, June 2, 2021 /PRNewswire/ -- Esports Technologies, Inc. (NASDAQ:EBET), a leading global provider of advanced esports wagering products and technology, today announced the appointment of accomplished gaming industry veteran Mark Thorne as its new Chief Marketing Officer. Thorne brings nearly 20 years of industry experience to the executive team, having served in leadership roles with Betfair (LON: FLTR), GVC (LON: ENT), Betfirst, Bonnier Gaming, and Twin.com. New CMO Brings Decades of Valuable Commercial and Marketing Leadership ExperienceIn this newly created role,

EBET to Cease from Trading on NasdaqLAS VEGAS, NV / ACCESSWIRE / October 12, 2023 / EBET, Inc. ("EBET" or the "Company"), a global online i-gaming casino website operator, today announced that on October 12, 2023 it received formal notice from the NASDAQ Stock Market that the Company's common stock has been suspended from trading on the Nasdaq Capital Market effective October 13, 2023, due to failure to demonstrate compliance with Listing Rules 5550(a)(2) and 5550(b)(1). The Company's common stock will be quoted on the Pink Sheets platform operated by OTC Markets Group Inc. (the "OTC") and will commence trading on October 13, 2023 at the market open under the "EBET" ticker symbol.The Com

Extends Forbearance Through June 2025Defers Monthly Cash Interest ExpenseIncreases Revolving Loan Capacity to $4,000,000LAS VEGAS, NV / ACCESSWIRE / October 2, 2023 / EBET, Inc. ("EBET" or the "Company") (NASDAQ:EBET), a global online i-gaming casino website operator, today announced that it has amended its existing $30,000,000 Term Loan and increased borrowing availability by upsizing EBET's existing $2,000,000 discretionary Revolving Loan to $4,000,000 through a Second Amendment to Credit Agreement and an amendment to its existing Forbearance Agreement with CPBF Lending, LLC ("CPBF"), its lender (together, the "Amended Credit Agreements").The Amended Credit Agreements allow EBET to convert

LAS VEGAS, NV / ACCESSWIRE / September 29, 2023 / EBET, Inc., (NASDAQ:EBET) a leading global provider of advanced wagering products and technology, announced, today announced that it filed an amendment to articles of incorporation with the Secretary of State of the State of Nevada to effect a 1-for-30 reverse stock split of its common stock. The reverse stock split will take effect at 4:01 pm (Eastern Time) on September 29, 2023, and the Company's common stock will open for trading on The Nasdaq Capital Market on October 2, 2023 on a post-split basis, under the existing ticker symbol "EBET" but with a new CUSIP number 278700 208.As a result of the reverse stock split, every 30 shares of the

The Board of Directors of EBET initiates a review of strategic alternatives to maximize value.LAS VEGAS, NV / ACCESSWIRE / July 26, 2023 / EBET, Inc. ("EBET" or the "Company") (NASDAQ:EBET), a leading global online casino operator, has announced today that its Board of Directors has decided to initiate a process to explore strategic alternatives for the Company to maximize the value of EBET's portfolio. As part of the process, the Board has designated a Strategic Alternatives Committee that will assist the Board in considering a full range of strategic alternatives including a potential merger, sale or other strategic transactions.The Company has retained Houlihan Lokey as its exclusive fina

WestPark Capital, a Los Angeles based international investment bank and securities firm, announced today that it closed a registered direct offering of 6,372,530 shares (the "Shares") of common stock, and a concurrent private placement of warrants to purchase 6,372,530 shares (the "Warrant Shares") of common stock (the "Warrants") at a combined purchase price of $1.02 priced at-the-market under Nasdaq rules for EBET, a global provider of advanced wagering products and technology. The gross proceeds to EBET from this offering were $6.5 million before deducting placement agent fees and other estimated offering expenses. WestPark Capital, Inc. was the Exclusive Placement Agent for the offerin

LAS VEGAS, NV / ACCESSWIRE / February 6, 2023 / EBET, Inc. (NASDAQ:EBET), a leading global provider of advanced wagering products and technology, announced today that it closed its previously announced registered direct offering of 6,372,530 shares (the "Shares") of common stock, and a concurrent private placement of warrants to purchase 6,372,530 shares (the "Warrant Shares") of common stock (the "Warrants") at a combined purchase price of $1.02 priced at-the-market under Nasdaq rules. The gross proceeds to EBET from this offering were $6.5 million before deducting placement agent fees and other estimated offering expenses. The Warrants will be exercisable commencing six months after the da

LAS VEGAS, NV / ACCESSWIRE / February 2, 2023 / EBET, Inc. (NASDAQ:EBET), a leading global provider of advanced wagering products and technology, announces today that it has entered into securities purchase agreements (the "Purchase Agreement") with institutional investors for the purchase and sale of (i) 6,372,530 shares (the "Shares") of common stock and (ii) warrants to purchase 6,372,530 shares (the "Warrant Shares") of common stock (the "Warrants") at a combined purchase price of $1.02 in a registered direct offering priced at-the-market under Nasdaq rules. The gross proceeds to EBET from this offering are expected to be approximately $6.5 million before deducting placement agent fees a

EBET Brands Karamba and BetTarget are Anticipating High Volumes of Wagering for the World Cup Quarterfinal, Offering More than 30 Betting Opportunities LAS VEGAS, Dec. 9, 2022 /PRNewswire/ -- EBET, Inc. (NASDAQ:EBET), a leading global provider of advanced wagering products and technology, announced today that it expects the World Cup quarterfinal between England and France to be the company's largest wagered-on soccer game to date. EBET's main brands Karamba and BetTarget are anticipating high volumes of wagering for Saturday's match, with a large percentage of their customer base from England. Customers can wager on more than 30 bets. France is the slight favorite.

Reports Significant Progress Reducing Net Loss and Increasing Adjusted EBITDA for First Two Months Under Profitability Plan, Reducing Net Loss for First Two Months of Q4 to $3.8 Million vs. Q3 Net Loss of $9.0 Million LAS VEGAS, Sept. 21, 2022 /PRNewswire/ -- EBET, Inc. (NASDAQ:EBET), a leading global provider of advanced wagering products and technology, announced today that it had made significant progress in reducing Net Loss and increasing Adjusted EBITDA for the two months ended August 2022. The company reported its Net Loss for this two-month period to be $3.8 million, with an Adjusted EBITDA that was approximately breakeven based on unaudited interim financial results (see "Reconcilia

Market Rebellion and TradeMonster Co-Founder Adds Capital Markets Expertise LAS VEGAS, Aug. 24, 2022 /PRNewswire/ -- EBET, Inc. (NASDAQ:EBET), a leading global operator and provider of advanced wagering products, announced today that Jon Najarian has joined the company ranks as an Advisor. Najarian, who has 40 years of experience in the securities and futures markets, is the co-founder of MarketRebellion.com, a firm that provides education on trading options and other securities, as well as a regular contributor on CNBC Business TV. Having been a linebacker for the Chicago Bea