Esports Entertainment Buys Argyll

Sun, Aug 9, 2020

Esports Entertainment Group has completed its acquisition of Argyll Entertainment AG, which operates a casino and online sportsbook.

Esports Entertainment Buys Argyll

Esports Entertainment Group completed its purchase of Argyll Entertainment AG, an online sportsbook and casino operator. The purchase price was not disclosed. Esports Entertainment Group also took over Argyll’s parent company LHE Enterprises.

“Acquisitions are an important component of our growth strategy and completing our first acquisition as a NASDAQ company is a tremendous milestone for us,” commented Grant Johnson, CEO of Esports Entertainment Group.

Argyll generated $12 million in revenue for 2019, with 100,000 registered users, Johnson said.

Argyll CEO Stuart Tilly and CFO Dan Marks joined the Esports Entertainment Group senior leadership team in June as corporate secretary and CFO respectively, according to SBC News.

**GGBNews.com is part of the Clarion Events Group of companies (Clarion). We take your privacy seriously. By registering for this newsletter we wish to use your information on the basis of our legitimate interests to keep in contact with you about other relevant events, products and services which may be of interest to you. We will only ever use the information we collect or receive about you in accordance with our Privacy Policy. You may manage your preferences or unsubscribe at any time using the link in our emails.