Month: March 2023

Building trust in remote teams

Esports Entertainment Group is committed to work-life balance and to exploring flexible work practices with its team members. The drive towards more innovative working arrangements has been spurred on by the huge advancements in technology, facilitating new realities, fostering opportunities for virtual working flows, and developing new opportunities. 

Work is no longer an allocated place. It is a place where people perform at their best.

Our world has changed a lot over the past years. As a result of the COVID 19 pandemic, we`ve been forced to change the way we work and live.

Working remotely is a new conception for some employees so patience and compassion will be critical elements to fostering a trusting workplace culture.

Crossing through this new normal of the digital workspace will require adjustments and adaptable supervision coupled with empathy for employees and their wellbeing.

When working in remote work environments, communication and trust have never been more important.

Trust is essential for remote teams to work well together, and without proper communication, that trust falls apart. To build trust in a remote work environment, employers should train employees on how to effectively communicate.

Build trust with clear work expectations, standardized performance metrics and consistency in providing performance recognition and feedback. Frequent and open communication can make a big difference in a remote work environment. By keeping the team members updated and in the know, they’ll feel confident in your direction. Providing enough context and ensuring remote teams have access to all necessary information is a must.

Trusting team members to handle their individual roles and give employees autonomy is vital to remote work processes.

Here at EEG, we support and encourage a healthy work-life balance and encourage our employees to make the most of every opportunity that comes their way. For many, relocating to another country might be out of a passion to travel, to move nearer to family or moving with a spouse.

Esports Entertainment Group, Inc. Announces Preferred Stock Dividend

St. Julians, Malta–(Newsfile Corp. – March 3, 2023) – Esports Entertainment Group, Inc. (NASDAQ:GMBL) (NASDAQ:GMBLP) (NASDAQ:GMBLW) (NASDAQ:GMBLZ) (or “EEG”) announced today that its Board of Directors has declared a monthly cash dividend for its 10.0% Series A Cumulative Redeemable Convertible Preferred Stock for March 2023.

 Dividend per share$0.08 
 Record dateMar. 15, 2023 
 Payment dateMar. 31, 2023 

About Esports Entertainment Group

EEG is a full-service esports and online betting company. EEG focuses on two verticals: Games and iGaming. EEG Games provides esports entertainment experiences to gamers through a combination of proprietary infrastructure software that includes ggCircuit and our EGL (“Esports Gaming League”) tournament platform. EEG iGaming is a licensed operator of online casino and sportsbook services for gaming customers primarily in Europe. EEG iGaming operates proprietary technology that facilitates wagering, payments, payment automation, bonusing, loyalty, compliance and casino integrations. EEG has offices in New Jersey, Estonia, the United Kingdom, and Malta. For more information, visit www.esportsentertainmentgroup.com.

Forward-Looking Statements

The information contained herein includes forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by words such as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “will be,” “will continue,” “will likely result,” and similar expressions. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, and those discussed in other documents we file with the SEC, regarding our ability to continue as a going concern, our ability to regain compliance with Nasdaq Listing Rules, our significant indebtedness, and our obligations under our Senior Convertible Note. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future, unless required by law. The safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

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