Esports Entertainment Group Becomes Official Gambling Sponsor of Beyond the Summit's Upcoming CS:GO Tournament

Newark, New Jersey--(Newsfile Corp. - April 22, 2021) - Esports Entertainment Group, Inc. (NASDAQ: GMBL), (NASDAQ: GMBLW) (or the "Company"), an esports and online gambling company, announced its VIE.bet brand is the official sponsor of Beyond the Summit's ("BTS") upcoming CS:GO tournament, taking place online from May 14 to May 30, 2021.

"The Summit, produced by BTS, has always been an event that is exciting and entertaining across all esports communities," stated Bux Syed, Director of VIE. "Whether its CS:GO, Dota 2 or Smash Bros., the uniqueness of this event catches viewers from all over the world. My team and I are very excited to partner with BTS for this event."

Esports Entertainment Group's partnership with BTS specifically focuses on the North and South American CS:GO audience, and the event will be broadcasted live in Portuguese and English. VIE.bet will be offering live odds and specials throughout the event as the tournament's exclusive betting partner.

BTS's last CS:GO tournament, CS_Summit007, generated 19.3 million total live event views from 6.4 million unique viewers on the Twitch platform, with peak concurrent viewers of 236K and an average concurrent viewership of 47K.

BTS is one of the world's largest esports networks with over 20 billion lifetime minutes watched and the fifth most viewed Twitch channel of all time. BTS broadcasts are distributed in over 110 countries on both linear TV and digital outlets. BTS boasts a total social media reach of over five million total followers.

About Esports Entertainment Group

Esports Entertainment Group, Inc. is an esports and online gambling company. The Company operates a number of entities across three key pillars: 1) esports entertainment and infrastructure, 2) esports wagering, 3) iGaming. The Company maintains offices in New Jersey, the UK and Malta. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.

FORWARD-LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

U.S. Investor Relations
RedChip Companies, Inc.
Dave Gentry
407-491-4498
[email protected]

Media & Investor Relations Inquiries
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81372