Esports Entertainment Group Inc (NASDAQ:GMBL) (FRA:40Y1) CEO Grant Johnson tells Proactive it has signed a multi-year partnership agreement with the Denver Broncos to be the National Football League franchise's esports tournament provider.
As part of the multi-year deal, it will operate esports tournaments for the Broncos utilizing Esports Entertainment’s Esports Gaming League platform.
What's more, Johnson says Maxim analyst Jack Vander Aarde initiated coverage on the group with a Buy rating and a $30 price target.