Esports Entertainment Group ramps up M&A drive with FLIP Sports purchase

Malta-headquartered esports operator acquires assets in peer-to-peer mobile fantasy gaming studio

Esports Entertainment Group (EEG) has bolstered its ongoing M&A efforts by acquiring assets in mobile games studio FLIP Sports. The Nasdaq-listed operator has signed a letter of intent to acquire staff and all intellectual property in the daily fantasy sports product. FLIP Sports, which was formed in 2014, boasts proprietary in-play, peer-to-peer technology and a…

Esports | Esports Entertainment Group | M&A | Stuart Tilly