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Tag Archives: eBET

US – EBET halves size of workforce under new profitability plan

EBET has shared a profitability plan designed to reach a positive EBITDA run rate which will see the number of employees and contractors at the provider fall by approximately 54 per cent. The measures taken to enhance the profitability of its newly acquired iGaming assets, as well as its existing eSports products, include a realignment…

US – EBET posts bumper revenue figures

EBET’s latest revenue figures of approximately $19m is up more than 166 per cent quarter over quarter, at a gross profit of approximately $7m. Ending the quarter with a cash position of $7.1m, the increase has been attributed to the onboarding of 1.25 million deposited customers following the acquisition of brands Karamba, Hopa, Griffon Casino,…

US – Esports Technologies rebrands as EBET, INC.

Esports Technologies has changed its name to EBET, INC. as part of a commitment to cater to fans of all sports and casino games, not just esports. The decision was made to ‘better reflect the company’s business and its mission of providing innovative wagering and technology to the millennial and Gen Z wagering market’. EBET,…

Australia – eBET takes Leap Forward as Australian distributor

Leap Forward Gaming, a leader in providing gaming industry solutions, and eBET, an Australian-based leading-edge gaming systems company, have signed a distribution agreement for the sale, marketing and support of LFG’s SaffariNet Ecosystem in the Australian gaming market. As a result of the new partnership, eBET becomes Leap Forward’s distributor in Australia, bringing a significantly…