On November 3rd, Alpha Esports Tech Inc. announced it had completely closed its acquisition of Heavy Chips and Sports Betting. This is expected to help Alpha Esports Tech continue to grow into the ever-growing esports betting and gambling market.
“Heavy Chips is the perfect acquisition for Alpha’s entry into the adult gaming sector,” said interim CEO, Matthew Schmidt. “Since we began our discussions with the Heavy Chips team, their user base has grown at a significant pace and they also have recorded increases in revenues nearly every month. We look forward to unlocking the full potential of this platform and are excited to deliver shareholder value through GamerzArena and now Heavy Chips.”
Heavy Chips currently has over 250,000 registered users. The organization recorded an average of $19,228.78 a month in unaudited revenues during 2021.
Alpha Esports Tech Inc. is a privately-held company. The business specializes in esports, online betting platforms, and blockchain gaming.
(All information was provided by Globenewswire and LinkedIn)
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