Esports Entertainment Group Inc CEO Grant Johnson spoke to Proactive about its second quarter earnings which brought in net revenue of $14.5 million, compared to $12.2 million in the 2Q in fiscal year 2021. Johnson highlighted a strong start to calendar year 2022 for its iGaming division.
The Hoboken, New Jersey-based full stack esports and online gambling company said its iGaming division, which holds five Tier-1 gaming licenses across Europe and the US, has delivered seven consecutive weeks of net gaming revenue more than $1 million to begin the quarter and 10 straight weeks in total dating back to December. In January, the iGaming division achieved its highest revenue month by reporting more than $6 million in revenue.