Esports Entertainment partners up with Twin River Worldwide to launch online esports betting in New Jersey

Esports Entertainment Group Inc (NASDAQ:GMBL) has entered into a multi-year partnership with casino owner Twin River Worldwide Holdings Inc (NYSE:TRWH) to launch its mobile sports betting product in the US state of New Jersey. The launch will follow Twin River obtaining permission to acquire the Bally’s Atlantic City Hotel & Casino in the state, through which it will also acquire the right to three online sports betting skins. READ: Esports Entertainment Group expands Dignitas partnership, secures naming rights for famed CS:GO team “We are excited to partner with Twin River as we bring mobile sports betting to the New Jersey market. When we completed our IPO on Nasdaq earlier this year, it was with the intention of expanding our operations in the US. With this partnership, we’re delivering on that goal”, Esports Entertainment chief executive Grant Johnson said in a statement. Twin River president and CEO George Papanier added: “Esports Entertainment will be a great addition to our growing partnerships with Sportsbook leaders around the world, as we currently operate sportsbooks in Rhode Island, Colorado, Delaware and Mississippi. Bringing this new, unique offering to the AC market with a prominent gaming partner is one of the many exciting changes we have in store for Atlantic City in the months to come.” Esports Entertainment is a licensed online gambling company with a focus on esports wagering and 18+ gaming. The company offers fixed-odds wagering, fantasy and pools on various esports events. Contact the author at calum@proactiveinvestors.com Follow him on Twitter @Cal_Proac