EEG preferred stock dividend announcement

Esports online and gaming company, Esports Entertainment Group (EEG) announced that its Board of Directors has declared a monthly cash dividend for its 10.0 percent Series A Cumulative Redeemable Convertible Preferred Stock for February 2023.

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About Esports Entertainment Group

EEG offers esports and online entertainment services through proprietary infrastructure software that focusses on the two verticals. It is a licensed operator of online casino and sportsbook services for gaming customers primarily in Europe. EEG facilitates wagering, payments, payment automation, bonusing, loyalty, compliance and casino integrations. The company has offices in New Jersey, Estonia, the United Kingdom, and Malta.

New CEO

Last month EEG announced the appointment of Alex Igelman as Chief Executive Officer following the departure of Grant Johnson on December 3, 2022, who served as Chairman and CEO.

Mr. Igelman has more than 30 years of experience in the gaming industry. He is a gaming lawyer and the co-founder of FairP2P and Esports Capital Corp., entities which have been leaders in their respective sectors. During his career, Mr. Igelman worked across the gambling and gaming industry in a variety of senior leadership positions.

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