sports Entertainment Group, a licensed online gambling company with a focus on esports wagering and 18+ gaming, received its license for online pool betting from the Malta Gaming Authority (MGA).
The company offers fantasy, pools, fixed odds, and exchange style wagering on esports events in a licensed, regulated and secure platform to the global esports audience at vie.gg.
"Receiving our Malta gaming license is another major milestone achievement for Esports Entertainment," commented Grant Johnson, CEO of Esports Entertainment Group.
"Fresh off our announcement of a Binding LOI to acquire Argyll Entertainment last week, we are now in the early stages of executing an aggressive growth plan that contemplates both organic and acquisition growth strategies throughout 2020. This Malta License will be an important part of our growth plan," he added.
The company's stock recently traded premarket up by 6.5% to $4.40 a share in New York.