Esports TechnologiesがAspire GlobalのB2C事業を買収、年間売上18億6000万ドル、現金預金1億8300万ドルを獲得
Sales increased from 1.25 million to 43% in the last 12 months
(Nasdaq: EBET), a leading global provider of award-winning advanced esports betting products and technologies, today announced that it has acquired Aspire Global’s B2C business for $75.9 million.
Under the terms of the acquisition agreement, Esports Technologies will join Aspire’s portfolio of B2C proprietary online 氚旍勾霛約 and sportsbooks, including Karamba, Hopa, Griffon Casino, BetTarget, Dansk 777 and GenerationVIP. The acquisition of the brand’s portfolio has been completed.
Strategically, Esports Technologies plans to use the increased market access from the acquisition of multiple brands to cross-sell esports sales opportunities and increase esports revenue, player betting transactions, and customer base.
In the rolling 12 months to September 2021, Aspire Global’s B2C revenue was $78.3 million and EBITDA was $7.9 million, up 43% and 30% year-over-year, respectively. During the same period, the B2C business earned $1.86 billion and $183 million in cash deposits from 1.25 million customers.
Aspire Global will ensure business continuity as a back-end provider for the acquired B2C brands and offer Esports Technologies betting products on its platform.
Aaron Speach, Chief Executive Officer of Esports Technologies, said: “Aspire Global’s portfolio of innovative B2C brands, access to new markets, and acquiring 1.25 million customers is a strategic leap in our journey to become a global leader in esports betting. We look forward to partnering with Aspire to continue to scale.”
“Esports Technologies is quickly establishing itself as one of the most innovative companies in the esports equipment industry,” said Tsachi Maimon, Chief Executive Officer of Aspire Global. said.
A conference call is scheduled for Wednesday, December 1 at 4:30 PM ET to discuss the details of the completion of the acquisition. A link to the conference call can be found on Esports Technologies’ IR page ().
About Esports Technologies
Esports Technologies develops innovative and engaging betting products for esports fans and bettors around the world. Esports Technologies is one of the leading global providers of esports products, platforms, and marketing solutions. The company operates a licensed online betting platform gogawi.com that allows you to bet with real money on esports events and professional sports around the world in a secure environment. The company is developing an esports prediction game technology that can be delivered to both customers and business partners.
For more information, see .
note: Aspire Global’s B2C wagers, deposits, and game revenue figures are based on an exchange rate of $1.19 USD/EUR. Net revenues from the gaming business include EU value-added tax, net of selling, gaming and administrative expenses.
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. These statements relate to future events, future projections, plans and projections. In particular, forward-looking statements may be identified when we use terms such as “may,” “should,” “expect,” “anticipate,” “consider,” “estimate,” “believe,” “plan,” “predict,” “predict,” “predict,” “could,” or “hope,” or use the negative meaning of these terms or similar terms. Forward-looking statements, such as earnings forecasts, contained in this material are based on information currently available to the Company and certain assumptions that the Company deems reasonable, and actual results may differ significantly due to various factors. These statements are projections only and involve known and unknown risks, uncertainties and other factors. These factors include those described in the “Risk Factors” section of the Company’s final prospectus, which was filed with the Securities and Exchange Commission on April 16, 2021, and subsequently updated by its Quarterly Report on Form 10-Q. The Company undertakes no obligation to publish any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.
SiGMA Calendar 2022
In 2022, the SiGMA Group will launch in several promising regions, the first of which is Kenya and the March agenda is Nairobi. Here, the plan is to take advantage of a market full of sports fans and a digitally connected younger generation. The company is also planning an expo for countries that have taken their first steps as regulated marketplaces – in June they will travel to Toronto and Ukraine to host the first live events of their new brands SiGMA America and SiGMA CIS.
