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EBET does not currently pay a dividend.
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EBET, Inc. is an online gambling enterprise that creates and runs digital platforms, primarily delivering real-money wagering experiences focused on esports and competitive video gaming. The company manages a proprietary portfolio of online casino and sportsbook brands, which includes Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. In addition to its core esports offerings, EBET also provides a comprehensive suite of iGaming options, encompassing traditional online casino games like blackjack and slot machines, virtual sports simulations, and conventional sports…
Allied Gaming and Entertainment, NIP Group, Motorsport Games, Esports Entertainment Group, and EBET are the five Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose business is substantially tied to competitive video gaming-this includes professional teams and leagues, event organizers, streaming platforms, game publishers,
Allied Gaming and Entertainment, NIP Group, Motorsport Games, Esports Entertainment Group, and EBET are the five Esports stocks to watch today, according to MarketBeat's stock screener tool. Esports stocks are shares of publicly traded companies whose business models are tied to competitive video gaming - for example game publishers, tournament organizers and leagues, pro teams,
EBET to Cease from Trading on Nasdaq LAS VEGAS, NV / ACCESSWIRE / October 12, 2023 / EBET, Inc. ("EBET" or the "Company"), a global online i-gaming casino website operator, today announced that on October 12, 2023 it received formal notice from the NASDAQ Stock Market that the Company's common stock has been suspended from trading on the Nasdaq Capital Market effective October 13, 2023, due to failure to demonstrate compliance with Listing Rules 5550(a)(2) and 5550(b)(1). The Company's common stock will be quoted on the Pink Sheets platform operated by OTC Markets Group Inc. (the "OTC") and will commence trading on October 13, 2023 at the market open under the "EBET" ticker symbol.
Ebet recently announced a reverse stock split. Shareholders received one share of Ebet stock for every 30 shares they owned at Friday's market close.
Extends Forbearance Through June 2025 Defers Monthly Cash Interest Expense Increases Revolving Loan Capacity to $4,000,000 LAS VEGAS, NV / ACCESSWIRE / October 2, 2023 / EBET, Inc. ("EBET" or the "Company") (NASDAQ:EBET), a global online i-gaming casino website operator, today announced that it has amended its existing $30,000,000 Term Loan and increased borrowing availability by upsizing EBET's existing $2,000,000 discretionary Revolving Loan to $4,000,000 through a Second Amendment to Credit Agreement and an amendment to its existing Forbearance Agreement with CPBF Lending, LLC ("CPBF"), its lender (together, the "Amended Credit Agreements"). The Amended Credit Agreements allow EBET to convert all interest expense from current cash pay to pay-in-kind additions to principal (PIK) that will be due upon maturity, effectively deferring over $339,000 of monthly cash interest payments through the end of the forbearance period.