Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (the â€œCompanyâ€), a licensed online gambling company with a focus on esports wagering and 18+ gaming, today announced gambling industry veteran Warwick Bartlett was appointed to the Companyâ€™s Board as an independent director. Esports Entertainment Group CFO Dan Marks also appointed to the Companyâ€™s Board.
Warwick was chairman of the Association of British Bookmakers for 10 years, chairman of the Bookmakers Committee to the Levy Board for six years and held a seat on the Horserace betting Levy Board for the same period. Warwick is the CEO and owner of Global Betting & Gaming Consultants (GBGC), which has established itself as the most credible specialist international gambling consultancy in the world. GBGC has worked with, or supplied information to, over 600 clients, the majority of whom are â€œblue chip.â€ Projects have included market research/assessments, business/facility planning, product evaluations, design/operational reviews, the development/review of corporate strategies, license applications, regulation development for and on behalf of governments, IPOs, M&A and due diligence. Typically, clients include operators, monopolies/lotteries, suppliers, investment banks, the major consultancies, and governments.
â€œI am delighted to join Esports Entertainment Groupâ€™s Board as a non-executive director, and l look forward to working with Grant and his accomplished team,â€ commented Warwick. â€œThere are some wonderful opportunities in esports gaming, such as the Companyâ€™s recent acquisition of Argyll Entertainment, which provides Esports Entertainment Group with immediate revenue and the foundation for accelerated growth.â€
Global esports revenues are expected to grow 15.7% year-on-year to $1.1 billion in 2020, according to Newzoo, while the global esports betting market is forecast to reach $17.2 billion by year end according to data from Esports Insider.
â€œWarwick has been instrumental in several major developments in the gambling and iGaming space, and weâ€™re excited to have him on the team,â€ said Grant Johnson, CEO of Esports Entertainment Group. â€œHeâ€™s a strong addition to the board as an independent director, and I believe his experience will resonate with the institutional investor community.â€
â€œWe have laid the foundation for long-term success with the worldâ€™s most transparent esports betting platform,â€ continued Johnson. â€œWith a strong team, industry-leading partnerships, and significant competitive advantages, Esports Entertainment Group is well positioned for rapid growth in the months ahead.â€