×

Esports Entertainment Group Opens European Offices, Appoints Vice-President of Accounting and Hires Development Team

ST. MARY'S, Antigua, Dec. 21, 2017 (GLOBE NEWSWIRE) -- Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the "Company"), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the opening of our European offices in Warsaw Poland, the appointment of the Company’s Vice-President of Accounting and the hiring of key software development personnel.

Warsaw was chosen due to its strategic location within the European Union, as well as, access to a highly educated and multi-lingual workforce, especially in the fields of finance and technology. The Warsaw office launch includes three (3) developers and will serve as the software development centre of the Company, with additional personnel expected to be added through 2018 as the Company ramps up development of its tournament play software platform.

MICHAL KOZLOWSKI - NEW VICE-PRESIDENT OF ACCOUNTING

Esports Entertainment Group is very pleased to announce the appointment of Michal Kozlowski, MBA, FCCA (ACCA), as the Company’s Vice-President of Accounting. Michal began his distinguished career at both Deloitte and Pricewaterhouse Coopers as an auditor, then rose through the ranks with positions at GMAC Bank (Board Member and Operations Director), Bank Zachodni (CFO) and a Task Force Member of ACCA, the advisory-consulting Group for the Polish Ministry of Finance responsible for opinions on legislation regarding IFRS, derivatives and risk management. He is currently a Director of BT&A and Vice-President of the ACCA Poland Council. Amongst his many other designations, Michal received his MBA from London Business School.

Grant Johnson, CEO of Esports Entertainment Group, stated, "Esports Entertainment Group is on the verge of becoming a meaningful long-term player within the hyper growth Esports industry. We can't accomplish this goal without both a great software development and finance team. Today’s announcement demonstrates to our shareholders, partners and the industry that we are well on our way to building a first-class organization. As we set to launch the safest and most secure Esports betting platform on the planet, this group of seasoned professionals and future anticipated additions of the same calibre, will play an important role in executing our strategic plan."

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

About Esports Entertainment Group

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua, Curacao and Warsaw, Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL. 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:

Corporate Finance Inquiries
Stephen Cotugno
Vice President, Corporate Development
steve@esportsentertainmentgroup.com
201-220-5745

Investor Relations Inquiries
AGORACOM
ESPO@agoracom.com
http://agoracom.com/ir/eSportsEntertainmentGroup

Source:Esports Entertainment Group, Inc.