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SharpLink Gaming (Nasdaq: SBET), a performance-based marketing company for U.S. sports betting and iGaming industries, announced its Q1 2024 financial results. Revenues from continuing operations were $975,946, compared to $1,232,762 in the same period last year. Net loss from continuing operations improved to $1,760,811, an 18.4% decrease. The company posted a net income of $12,350,345, a significant rise driven by the sale of its Sports Gaming Client Services and SHGN segments for $22.5 million, which also helped retire $19.4 million in debt. SharpLink regained Nasdaq compliance and completed a domestication merger, forming a new Board of Directors. CEO Rob Phythian highlighted strategic transformation and future growth plans, including potential capital raises through an At-The-Market offering.