Esports Technologies Announces Ten Month Revenue Expectation Of $70M

Esports Technologies presented revenue guidance of $70 million for the ten month period from December 2021 to September 2022 in a statement this January.

This revenue expectation is derived primarily from the company’s online sportsbook and casino brands including Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP, which have over 1.25 million deposited customers in more than 15 countries.

“As we begin a successful 2022, we remain committed to increasing our operational and financial performance,” said Aaron Speach, CEO of Esports Technologies. “We expect to deliver consistent cash flow for the remainder of 2022 by growing esports revenue in regulated markets, as well as continued growth from our portfolio of online sportsbook and casino brands.”

(All information was provided by Seeking Alpha)

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