Betting technology provider Ebet has announced a 166 per cent improvement in its firsts quarter results.
The company’s revenue at the end of March was $19m, providing a gross profit of $7m. The improvement, said the company, was down to the acquisition of the Karamba, Hopa, Griffon Casino, BetTarget, Dansk777 and Generation VIP brands at the end of last November, which yielded 1.25 million deposited customers.
Now the company plans to grow revenue still more through igaming, sportsbook and esports brands with a focus on the Gen Z and millennial markets.
It will also roll out its esports odds modelling and wagering product across European markets and expand geographical reach and investment in intellectual property.
