Karamba

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.

EBET, Inc. Announces Agreement with Captain Up

Retrieved on: 
Thursday, May 19, 2022

LAS VEGAS, May 19, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global provider of advanced esports wagering products and technology, announced today an agreement signed by its subsidiary Esports Marketing Technologies Ltd. with loyalty and engagement platform Captain Up. With this deal, Captain Up will provide exciting in-play challenges, achievements, and a rewards shop for EBET brands.

Key Points: 
  • With this deal, Captain Up will provide exciting in-play challenges, achievements, and a rewards shop for EBET brands.
  • Captain Up creates entertaining incentives, segmented according to user behavior, that link a reward with an action.
  • Advanced gamification will be incorporated into loyalty programs across EBET brands, including custom free-to-play games being developed by Incentive Games .
  • Captain Up CEO Uri Admon said, "This is the future of gaming: personal journeys, gamified shopping, and dynamic challenges.

EBET, Inc. to Participate in a Fireside Chat at the 17th Annual Needham Technology & Media Conference

Retrieved on: 
Tuesday, May 17, 2022

LAS VEGAS, May 17, 2022 /PRNewswire/ -- EBET, Inc. (Nasdaq: EBET), a leading global provider of advanced wagering products and technology, announced that CEO Aaron Speach will participate in a virtual fireside chat at this year's 17th annual Needham Technology & Media Conference. Speach will be presenting tomorrow on Wednesday, May 18 from 8:00 to 8:40 am Eastern.

Key Points: 
  • The Needham Technology & Media Conference, being held May 1619, features public and private company presentations, themed panel sessions, fireside chats, and one-on-one meetings for qualified institutional, private equity, and venture capital investors.
  • Speach commented, "On behalf of EBET, I'm deeply honored to participate in this fireside chat at the Needham Technology & Media Conference.
  • This event offers a prime opportunity to connect with investors and provide insight on the company's progress and growth plans."
  • The company is focused on bringing better odds and technology solutions to cater to the Millennial and Gen-Z demographics.

Higher-Than-Average Number of Companies Beating Earnings Estimates

Retrieved on: 
Tuesday, May 10, 2022

PALM BEACH, FL, May 10, 2022 /PRNewswire/ -- It is earnings season on Wall Street where companies across the board report results for the first quarter of 2022. Overall, 55% of the companies in the S&P 500 have reported actual results for Q1 2022 to date. Of these companies, 80% have reported actual EPS above estimates, which is above the five-year average of 77%. In aggregate, companies are reporting earnings that are 3.4% above estimates, which is below the five-year average of 8.9%. According to an article on FACTSET said that there are a higher-than-average number of companies beating estimates. The article said: which said: "At this point in time, the percentage of S&P 500 companies beating EPS estimates is above the five-year average, but the magnitude of these positive surprises is below the five-year average. As a result, the index is reporting higher earnings for the first quarter today relative to the end of last week and relative to the end of the quarter. However, the index is also reporting single-digit earnings growth for the first time since Q4 2020. The lower earnings growth rate for Q1 2022 relative to recent quarters can be attributed to both a difficult comparison to unusually high earnings growth in Q1 2021 and continuing macroeconomic headwinds."  Active companies in the markets today with current earnings out include:  EBET, Inc. (NASDAQ: EBET), Uber Technologies, Inc. (NYSE: UBER), Cloudflare, Inc. (NYSE: NET), DoorDash Inc. (NYSE: DASH), MGM Resorts International (NYSE: MGM).

Key Points: 
  • Of these companies, 80% have reported actual EPS above estimates, which is above the five-year average of 77%.
  • In aggregate, companies are reporting earnings that are 3.4% above estimates, which is below the five-year average of 8.9%.
  • According to an article on FACTSET said that there are a higher-than-average number of companies beating estimates.
  • The blended (combines actual results for companies that have reported and estimated results for companies that have yet to report) earnings growth rate for the first quarter is 7.1% today, compared to an earnings growth rate of 6.5% last week and an earnings growth rate of 4.7% at the end of the first quarter (March 31).

Higher-Than-Average Number of Companies Beating Earnings Estimates

Retrieved on: 
Tuesday, May 10, 2022

PALM BEACH, FL, May 10, 2022 /PRNewswire/ -- It is earnings season on Wall Street where companies across the board report results for the first quarter of 2022. Overall, 55% of the companies in the S&P 500 have reported actual results for Q1 2022 to date. Of these companies, 80% have reported actual EPS above estimates, which is above the five-year average of 77%. In aggregate, companies are reporting earnings that are 3.4% above estimates, which is below the five-year average of 8.9%. According to an article on FACTSET said that there are a higher-than-average number of companies beating estimates. The article said: which said: "At this point in time, the percentage of S&P 500 companies beating EPS estimates is above the five-year average, but the magnitude of these positive surprises is below the five-year average. As a result, the index is reporting higher earnings for the first quarter today relative to the end of last week and relative to the end of the quarter. However, the index is also reporting single-digit earnings growth for the first time since Q4 2020. The lower earnings growth rate for Q1 2022 relative to recent quarters can be attributed to both a difficult comparison to unusually high earnings growth in Q1 2021 and continuing macroeconomic headwinds."  Active companies in the markets today with current earnings out include:  EBET, Inc. (NASDAQ: EBET), Uber Technologies, Inc. (NYSE: UBER), Cloudflare, Inc. (NYSE: NET), DoorDash Inc. (NYSE: DASH), MGM Resorts International (NYSE: MGM).

Key Points: 
  • Of these companies, 80% have reported actual EPS above estimates, which is above the five-year average of 77%.
  • In aggregate, companies are reporting earnings that are 3.4% above estimates, which is below the five-year average of 8.9%.
  • According to an article on FACTSET said that there are a higher-than-average number of companies beating estimates.
  • The blended (combines actual results for companies that have reported and estimated results for companies that have yet to report) earnings growth rate for the first quarter is 7.1% today, compared to an earnings growth rate of 6.5% last week and an earnings growth rate of 4.7% at the end of the first quarter (March 31).