ESports Professional

EEG announces $38.6m impairment charge to esports assets

Esports betting and entertainment company Esports Entertainment Group (EEG) has announced that it will revise its current portfolio of assets following liquidity concerns. During EEG’s Q3 2022 fiscal year financial report, which ended 31st March 2022, the company announced a $38.6m (~£30.87m) impairment charge related to its esports assets Helix, ggCircuit and EGL. Image credit: […]