Esports Entertainment Group CEO Provides Letter To Shareholders; Reports Annualized Cost Reductions Anticipated To Exceed $4M, Reduces Debt And Other Liabilities By Over $27M, Year-To-Date
Esports Entertainment Group CEO Provides Letter To Shareholders; Reports Annualized Cost Reductions Anticipated To Exceed $4M, Reduces Debt And Other Liabilities By Over $27M, Year-To-Date
Outlines Corporate Vision and Discusses Ongoing Restructuring to Enhance Operational Efficiency
Reports Annualized Cost Reductions Anticipated to Exceed $4.0 Million
Reduces Debt and Other Liabilities by Over $27 million, Year-to-Date
St. Julians, Malta--(Newsfile Corp. - April 17, 2023) - Esports Entertainment Group, Inc. (NASDAQ:GMBL) (NASDAQ:GMBLP) (NASDAQ:GMBLW) (NASDAQ:GMBLZ) ("Esports Entertainment" or the "Company"), a leading, global iGaming company and business-to-business (B2B) esports content and solutions provider, today provided the following letter to shareholders from the Company's CEO, Alex Igelman, including an update on its ongoing restructuring plan aimed at driving accelerated growth and increased operational efficiency:
To my...
译文内容由第三方软件翻译。
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