Esports Entertainment Obtains Right To Begin Betting Business In New Jersey

by Shivani Kumaresan, Benzinga Staff Writer

January 24, 2022 11:42 AM | 1 min read | Make a Comment

Esports Entertainment Group Inc GMBL has received an order approving a transactional waiver from the Director of the New Jersey Division of Gaming Enforcement, permitting the company to begin accepting bets in the state.
The company plans to launch its VIE.gg betting platform following a five-day 'soft play' period.
Esports becomes the first esports betting operator to receive a Transactional Waiver in New Jersey.
VIE.gg platform will allow bettors across New Jersey to wager on their favorite esports teams in real-time.
Price Action: GMBL shares are trading lower by 9.38% at $2.32 on the last check Monday.