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SharpLink Gaming Ltd - SBET STOCK NEWS

Welcome to our dedicated news page for SharpLink Gaming (Ticker: SBET), a resource for investors and traders seeking the latest updates and insights on SharpLink Gaming.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SharpLink Gaming's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SharpLink Gaming's position in the market.

News
SharpLink Gaming Announces 2023 Year-End Results
Rhea-AI Summary
SharpLink Gaming, Inc. (SBET) reports a 42% increase in revenues from continuing operations on a year-over-year basis, with total revenues reaching $4,952,725. The company's Affiliate Marketing Services segments in the U.S. and internationally saw significant growth, with gross profit increasing by 17%. Despite a net loss decrease of 20%, SharpLink sold its Sports Gaming Client Services and SportsHub Gaming Network segments to RSports Interactive for $22.5 million, eliminating all interest-bearing debt.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.42%
Tags
none
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News
SharpLink Gaming Announces Board and Audit Committee Changes
Rhea-AI Summary
SharpLink Gaming, Inc. (SBET) appoints Robert Gutkowski to its Board of Directors, following Adrienne Anderson's resignation. Gutkowski, a seasoned professional in sports, entertainment, and media industries, brings extensive experience, including a landmark $486 million deal for the New York Yankees-Madison Square Garden Network. His track record includes successful ventures like SFX Entertainment and RMG Sports Ventures LLC. Gutkowski's appointment is expected to enhance SharpLink's strategic direction and industry connections.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
none
-
News
SharpLink Gaming Ltd. Completes Domestication Merger with SharpLink Gaming, Inc.
Rhea-AI Summary
SharpLink Gaming Ltd. (SBET) completes its change of jurisdiction from Israel to Delaware through a merger with SharpLink US. Shareholders approve the Merger Agreement, exchanging shares and warrants. Trading under symbol SBET on Nasdaq Capital Market starts on February 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
Tags
acquisition
News
SharpLink Gaming Regains Full Compliance with Nasdaq Continued Listing Standards
Rhea-AI Summary
SharpLink Gaming Ltd. (SBET) has successfully resolved its deficiency under Nasdaq Listing rule 5550(b) and is now in compliance with all applicable continued listing standards. As a result, the scheduled hearing before the Nasdaq Listing Qualifications Panel has been cancelled, and the company's ordinary shares will continue to be listed and traded on Nasdaq.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.84%
Tags
none
-
News
SharpLink Gaming Sells Fantasy Sports and Sports Game Development Business Units to RSports Interactive
Rhea-AI Summary
SharpLink Gaming Ltd. (SBET) announced the sale of its SportsHub/fantasy sports and free to play sports game development business units to RSports Interactive, Inc. for $22.5 million. The proceeds were used to repay all outstanding term loans and lines of credit, as well as to redeem a Senior Convertible Debenture. The sale is expected to significantly reduce operating expenses and strengthen the company's cash position and total shareholders' equity. The company's COO and a board member resigned in connection with the sale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.84%
Tags
none
-
News
SharpLink Gaming Announces Third Quarter 2023 Financial Results
Rhea-AI Summary
SharpLink Gaming Ltd. (Nasdaq: SBET) Announces 153% Revenue Growth in Q3 2023, Gross Profit Up 505% - Key Financial Highlights and Positive Outlook Revealed
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.18%
Tags
earnings
News
SharpLink Gaming to Host Third Quarter 2023 Results Webcast on Wednesday, November 15, 2023 at 11:00 AM ET
Rhea-AI Summary
SharpLink Gaming Ltd. (Nasdaq:SBET) announces webcast to discuss financial results for the three and nine months ended September 30, 2023. Investors and analysts encouraged to submit questions for management to address during the discussion. Webcast to be held on Wednesday, November 15, 2023, at 11:00 AM Eastern Time. Details available at the provided webcast link.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
conferences earnings
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News
SharpLink Gaming Announces Details for Extraordinary General Meeting of Shareholders to Approve Redomestication Merger
Rhea-AI Summary
SharpLink Gaming will hold an extraordinary general meeting of shareholders on November 29, 2023, to vote on proposals including the approval of the domestication of SharpLink Gaming Ltd. from Israel to the State of Delaware. Shareholders of record as of October 30, 2023, are eligible to vote.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
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News
SharpLink Gaming Launches SharpLinkHQ.com
Rhea-AI Summary
SharpLink Gaming Ltd. announces the launch of SharpLinkHQ.com, an online source for sports betting news and information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
SharpLink Gaming Announces Record Financial Performance for LeagueSafe for 2023/2024 NFL Season
Rhea-AI Summary
SharpLink Gaming Ltd. reports $31.5 million in entry fees for fantasy football leagues, up 22% from last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
none
Stock SBET logo
SharpLink Gaming Ltd

Nasdaq:SBET

SBET Rankings

N/A Ranked by Market Cap
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SBET Stock Data

4.73M
2.77M
21.07%
2.67%
0.93%
Telephone Apparatus Manufacturing
Manufacturing
Link
Israel
14 Hatidhar Street

About SBET

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