Esports Entertainment Group has opened a new office in Hoboken, New Jersey.
In addition to the new office, which opened September 1, the Company is also expanding its US workforce and has named CFO Dan Marks as Head of Office.
“We are in final preparations for our launch into the New Jersey market. Our application was formally accepted by the New Jersey Division of Gaming Enforcement (DGE) in May, and we are now awaiting approval of our Transactional Waiver, which we expect to receive shortly. Once the Transactional Waiver is approved, we can begin taking live bets in the state,” Grant Johnson, CEO of Esports Entertainment Group, said.
“Securing access to what is currently the largest market for sports betting in the US is very exciting and will provide a strong advantage as we look to expand into additional markets in the US moving forward. According to a study from data firm Interpret, over 50% of US esports fans said they are likely to engage in esports betting so we are confident that demand will be strong. We are ready to move quickly with our esports-focused wagering platform rollout once the DGE permits us to do so, which we expect in the near term,” Marks added.