Karamba

EBET Announces Sportsbook and Exclusive Casino Wagering Agreement with Metagames, Providing Access to One of the Largest Spanish-Speaking Digital and TV Networks Worldwide

Retrieved on: 
Friday, September 23, 2022

LAS VEGAS, Sept. 23, 2022 /PRNewswire/ -- EBET, Inc. (NASDAQ: EBET), a leading global provider of advanced wagering products and technology, announced today that it has entered into a sportsbook and exclusive casino wagering media marketing agreement with Metagames Marketing Inc., providing access to one of the largest Spanish-speaking digital and TV networks worldwide. Under the agreement, Metagames will provide media placements via its affiliates in exchange for a share of sportsbook and casino games net gaming revenue.

Key Points: 
  • Under the agreement, Metagames will provide media placements via its affiliates in exchange for a share of sportsbook and casino games net gaming revenue.
  • The media campaign will include traditional TV and radio spots in combination with integrated brand placement and contests within daytime programming and reality TV shows.
  • EBET's brand Karamba will be featured in leading shows such as "Combate," "Sabadsimo," and "Magaly TV," with full segments and interactive games.
  • I am very excited for the opportunity to expand EBET's access to more countries and networks through our work with Metagames."

Jon Najarian of CNBC's "Halftime Report" Joins EBET as Advisor

Retrieved on: 
Wednesday, August 24, 2022

LAS VEGAS, Aug. 24, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global operator and provider of advanced wagering products, announced today that Jon Najarian has joined the company ranks as an Advisor.

Key Points: 
  • LAS VEGAS, Aug. 24, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global operator and provider of advanced wagering products, announced today that Jon Najarian has joined the company ranks as an Advisor.
  • Having been a linebacker for the Chicago Bears, Najarian went on to become a trader on the Chicago Board Options Exchange.
  • In 2005, Najarian co-founded TradeMonster, a highly rated and leading online brokerage firm, that ultimately was sold in 2016 to E*TRADE Financial Corp. for $750 million.
  • Aaron Speach, CEO at EBET, commented, "We are delighted to welcome Jon Najarian as an Advisor.

EBET's Sports Betting Brand BetTarget Secures Ring Sponsorship of Saturday's Bare Knuckle Fighting Championship to be Held at Wembley Stadium

Retrieved on: 
Friday, August 19, 2022

LAS VEGAS, Aug. 19, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global provider of advanced wagering products and technology, announced today that its sports wagering brand BetTarget has secured ring sponsorship of the Bare Knuckle Fighting Championship (BKFC) to be held in London, England on Saturday August 20.

Key Points: 
  • Touted as the biggest combat sporting event this summer, EBET's brand BetTarget will gain brand exposure leading up to and throughout the live action.
  • The event is also expecting over 300,000 live PPV viewers and a rebroadcast viewership of 25 million.
  • EBET's BetTarget offers the latest odds and live betting on all major sports and events with more than 3,000 live events per month and thousands of additional pre-event markets.
  • "Bare Knuckle fighting is rapidly becoming one of the most popular combat sports in the world.

EBET, Inc. Announces Corporate Restructuring and Profitability Plan - Projects Positive EBITDA Run Rate for August 2022 (Current Month)

Retrieved on: 
Monday, August 15, 2022

LAS VEGAS, Aug. 15, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global provider of advanced wagering products and technology, announced today a profitability plan to reach a positive EBITDA run rate beginning August 2022 (current month).

Key Points: 
  • EBET has taken significant measures to become EBITDA positive in August 2022 (current month).
  • The revenue for the 3rd quarter ended June 30, 2022 was approximately $18.2 million with a gross profit of approximately $7.2 million.
  • As the company focuses on the profitability of the business, and continues to grow its EBIDTA positive run rate, it expects the revenue growth rate to decline in the short term, as it cuts unprofitable revenue.
  • As a result, the company does not expect to reach the previous fiscal 2022 revenue guidance of $70 million.

Benzinga's 2022 Esports Listmakers Are Driving Gaming Forward

Retrieved on: 
Tuesday, June 21, 2022

At 11 a.m. on Wednesday, June 22 Benzinga will hold its 2022 Esports Listmaker Event featuring cutting-edge companies that have made significant contributions to driving the esports industry forward.

Key Points: 
  • At 11 a.m. on Wednesday, June 22 Benzinga will hold its 2022 Esports Listmaker Event featuring cutting-edge companies that have made significant contributions to driving the esports industry forward.
  • United Esports -United Esports is an esports and gaming marketing agency offering strategic positioning and creative solutions designed to engage with the 18- to 34-year-old demographic through all meaningful points of engagement.
  • Engine Gaming and Media Inc - Engine Gaming & Media is focused on developing premium consumer experiences and technology and content solutions for partners in the esports, news and gaming industry.
  • VanEck Video Gaming and eSports ETF- VanEck ESPO is an ETF focused on the video game and esports industry.

EBET, Inc. Announces Closing of Private Placement at $3.58 per Unit of Common Stock and One Warrant to Purchase Common Stock at $5 per Share

Retrieved on: 
Friday, June 17, 2022

The warrants have an exercise price of $5.00 per share of common stock and will be exercisable six months from the closing of the offering for a period of five years from the closing date.

Key Points: 
  • The warrants have an exercise price of $5.00 per share of common stock and will be exercisable six months from the closing of the offering for a period of five years from the closing date.
  • The Company intends to use the net proceeds from the private placement for general corporate purposes.
  • The company is focused on bringing better odds and technology solutions to cater to the Millennial and Gen-Z demographics.
  • Forward-looking statements in this press release include, without limitation, statements related to the intended use of net proceeds from the private placement.

Karamba Security to Make the Opening Keynote at NIST IoT Product Security Workshop

Retrieved on: 
Thursday, June 16, 2022

The purpose of this workshop is to obtain feedback on specific considerations--and techniques for addressing those considerations--around cybersecurity in IoT products. These considerations have broad applicability across IoT product sectors, including the consumer products sector. These considerations arose in moving the recommended criteria presented in Recommended Criteria for Cybersecurity Labeling for Consumer Internet of Things (IoT) Products (nist.gov) into a NISTIR within the family of cybersecurity guidance that NIST has published on IoT devices. Specific areas for discussion are presented in a discussion paper which will be available shortly.

Key Points: 
  • HOD HASHARON, Israel, June 16, 2022 (GLOBE NEWSWIRE) -- Karamba Security , a leader in end-to-end product security for IoT, today announced that Co-founder David Barzilai will make the opening keynote at NISTs Product Security Workshop .
  • As opening speaker, Barzilai will provide an update on the industrys product security progress, and product security best practices, in multiple IoT and automotive industries that Karamba serves.
  • Barzilai will share how product security teams meet IoT product cybersecurity regulations and standards such as the newly ratified ISO 21434 standard and UN R155 regulation as well as NISTIR 8259 and UL 2900-2-1 standards.
  • It is an honor to be invited by NIST as the opening speaker on behalf of Karamba Security, said Barzilai.

EBET, Inc. Announces $3.5 Million Private Placement Priced At-the-Market Under Nasdaq Rules

Retrieved on: 
Friday, June 10, 2022

The closing of the private placement is expected to occur on or before June 15, 2022, subject to the satisfaction of customary closing conditions.

Key Points: 
  • The closing of the private placement is expected to occur on or before June 15, 2022, subject to the satisfaction of customary closing conditions.
  • The Company intends to use the net proceeds from the private placement for general corporate purposes.
  • The company is focused on bringing better odds and technology solutions to cater to the Millennial and Gen-Z demographics.
  • Forward-looking statements in this press release include, without limitation, statements related to the completion of the private placement, the satisfaction of customary closing conditions related to the private placement and the intended use of net proceeds from the private placement.

EBET Brand Karamba Wins Online Casino of the Year at the 2022 SiGMA Americas Awards

Retrieved on: 
Thursday, June 9, 2022

LAS VEGAS, June 9, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global provider of advanced wagering products and technology, has received two prizes at the SiGMA Americas Awards. Its online casino and sportsbook brand Karamba won Online Casino of the Year, and EBET was named Esport Product of the Year. The SiGMA Americas Awards ceremony was held June 8 in Toronto, Ontario. On April 4, 2022, Ontario launched its new regulated online gaming market.

Key Points: 
  • Its online casino and sportsbook brand Karamba won Online Casino of the Year, and EBET was named Esport Product of the Year.The SiGMA Americas Awards ceremony was held June 8 in Toronto, Ontario.
  • Karamba was chosen as the top online casino for its player experience, loyalty rewards and secure gambling environment.
  • The other finalists nominated for the Online Casino of the Year category were LeoVegas, Pointsbet, 21.com, and Northstar Bets.
  • The company recently was awarded Esport Product of the Year at the 2021 SiGMA Europe and 2022 SiGMA Asia Awards, and its brand Karamba received SBC's award for Innovation in Casino & Gaming Entertainment.

EBET, Inc. CEO Aaron Speach to Keynote at SiGMA Americas

Retrieved on: 
Monday, May 23, 2022

LAS VEGAS, May 23, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global provider of advanced wagering products and technology, announced that CEO Aaron Speach will deliver a keynote address at SiGMA Americas, being held June 6–9 at Enercare Centre in Toronto. North America's top iGaming suppliers, operators, affiliates, and emerging tech will be on hand for this world-class exhibition of the latest products, trends, and insights. 

Key Points: 
  • LAS VEGAS, May 23, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global provider of advanced wagering products and technology, announced that CEO Aaron Speach will deliver a keynote address at SiGMA Americas , being held June 69 at Enercare Centre in Toronto.
  • North America's top iGaming suppliers, operators, affiliates, and emerging tech will be on hand for this world-class exhibition of the latest products, trends, and insights.
  • SiGMA Americas will offer a premier platform for EBET to showcase its innovative technologies and expanding lineup of online sportsbook and casino brands.
  • "EBET, Inc. is thrilled to participate in SiGMA Americas, one of the signature events for the iGaming industry," said CEO Aaron Speach.