SharpLink Gaming .(SBET)

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SharpLink Gaming Announces Pricing of $4.5 Million Public Offering Priced At-The-Market Under Nasdaq Rules
GlobeNewswire· 2025-05-20 13:05
MINNEAPOLIS, May 20, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and global iGaming industries, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of up to 1,530,612 shares of common stock (or common stock equivalents in lieu thereof) at an offering price of $2.94 per share (the “Offering”). The Company expects to receive aggrega ...
SharpLink Gaming Announces 1-for-12 Reverse Stock Split
GlobeNewswire· 2025-05-01 13:40
MINNEAPOLIS, May 01, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and global iGaming industries, today announced that it will effect a 1-for-12 reverse stock split of its outstanding common stock. The reverse stock split will be effective for trading purposes as of the commencement of trading on May 6, 2025. The reverse stock split is intended to increase the per share trading pric ...
SharpLink Gaming Granted Extension by Nasdaq Hearings Panel to Regain Compliance with Continued Listing Requirements
Newsfilter· 2025-03-26 12:30
MINNEAPOLIS, March 26, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (NASDAQ:SBET) ("SharpLink" or the "Company"), an online performance-based marketing company serving the U.S. sports betting and global iGaming industries, today announced that it received notice from the Nasdaq Listing Qualifications Panel (the "Hearings Panel") of The Nasdaq Stock Market LLC ("Nasdaq") that the Hearings Panel has granted the Company additional time to achieve compliance with the minimum bid price requirement as set fort ...
SharpLink Gaming Reports Full Year 2024 Financial Results
GlobeNewswire· 2025-03-17 12:30
MINNEAPOLIS, March 17, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and global iGaming industries, today announced its financial results for the full year ended December 31, 2024. Financial Highlights Revenues declined 26.1% to $3,662,349 in 2024 from $4,952,725 in 2023.Total operating expenses dropped 45.6% to $5,669,248 for the 12 months ended December 31, 2024 compared to $10,4 ...
SharpLink Gaming Acquires 10% Equity Stake in Armchair Enterprises, Owner of CryptoCasino.com, for $500,000 Cash and Right of First Refusal to Acquire Controlling Interest
Newsfilter· 2025-02-24 14:17
Core Insights - SharpLink Gaming, Inc. has acquired a 10% equity stake in Armchair Enterprises Limited for $500,000, marking its strategic entry into the crypto gaming market [2][3] - The company aims to leverage its performance-based marketing platform to penetrate deeper into the digital gaming and sports betting markets, positioning itself as a leader in the crypto gaming sector [3][4] - The global crypto gaming market is projected to grow significantly, with the online gambling market expected to reach $158.20 billion by 2028 and blockchain-based gaming experiencing a CAGR of 12.5% from 2023 to 2028 [6] Company Strategy - SharpLink's investment in Armchair is part of a broader strategy to expand into the rapidly growing crypto gaming industry, which is characterized by enhanced security, privacy, and transparency [4][7] - The company is focused on acquiring a controlling interest in Armchair and executing its expansion strategy efficiently [7][8] - SharpLink's early entry into the crypto gaming space positions it to benefit from the expected industry growth and secure a competitive edge over traditional operators [7] Market Potential - The increasing adoption of blockchain technology and the demand for decentralized gaming platforms are driving growth in the crypto gaming market [6] - CryptoCasino.com, launched in October 2024, offers a wide range of gaming options and accepts various cryptocurrencies, catering to a global audience [4][5] - The platform's integration with popular wallets and its unique Telegram Casino feature allows for seamless user experiences, further enhancing its market appeal [5]
SharpLink Gaming Announces Strategic Alternatives Process
Newsfilter· 2024-07-18 12:30
SharpLink does not intend to make any further public comment regarding the review of strategic alternatives until a definitive agreement has been executed or the Company determines that disclosure is required by law or otherwise deemed appropriate. MINNEAPOLIS, July 18, 2024 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (NASDAQ:SBET) ("SharpLink" or the "Company"), an online performance-based marketing company serving the U.S. sports betting and iGaming industries, today announced that its Board of Directors ( ...
SharpLink Gaming Announces First Quarter 2024 Results and Provides Operational Update
Newsfilter· 2024-05-22 12:30
Financial Highlights for the Three Months Ended March 31, 2024 Compared to Three Months Ended March 21, 2023 For more detailed information on SharpLink's first quarter 2024 financial performance, please refer to Form 10- Q filed with the SEC and accessible at www.sec.gov or on SharpLink's website at www.sharplink.com. First Quarter 2024 Business Highlights Continuing, Phythian said, "Given our strengthened balance sheet; our highly engaged Board comprised of world class, accomplished business executives; an ...
SharpLink Gaming .(SBET) - 2023 Q3 - Earnings Call Transcript
2023-11-16 01:48
SharpLink Gaming Ltd. (NASDAQ:SBET) Q3 2023 Earnings Conference Call November 15, 2023 11:00 AM ET Thank you, Kat, and good morning, everybody. In connection with the phased rollout of our affiliate marketing growth strategy, SharpLink HQ was launched last month, providing a venue for us to unite and showcase SharpLink's advanced technologies, betting tools, and performance marketing capabilities. Moreover, we expect to leverage this new flagship website to benefit from cross-promotional opportunities betwe ...
SharpLink Gaming .(SBET) - 2023 Q3 - Quarterly Report
2023-11-13 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number: 000-28950 SHARPLINK GAMING LTD. (Exact name of registrant as specified in its charter) Israel 98-1657258 (Stat ...
SharpLink Gaming .(SBET) - 2023 Q2 - Earnings Call Transcript
2023-08-15 23:32
That completes my review of the Q2 results. Now, why don't we talk about some other operational developments that have helped drive our strong second quarter financial performance. Several of our shareholders kindly submitted questions in advance of today's webcast. Dodi, would you mind kicking off our Q&A session? Question-and-Answer Session A - Dodi Handy Sure, Rob. Okay. So our first question relates to the recent announcement regarding SharpLink's introduction of C4 BetSense. Can you please share how ge ...