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Esports Entertainment Endures Miserable Week, Analyst Highlights Liquidity Issues

Esports Entertainment Group (NASDAQ:GMBL) shed nearly two-thirds of its value this week. That’s after the company missed fourth-quarter estimates and cut 2022 guidance, prompting an analyst to question the firm’s liquidity position. Earlier this week, the Malta-based gaming and sports betting company said its fourth-quarter sales missed Wall Street forecasts by 22%, and it slashed […]

The post Esports Entertainment Endures Miserable Week, Analyst Highlights Liquidity Issues appeared first on Casino.org.

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