Esports Entertainment Group, Inc. — Cyborg Score 2/10
Challenged
Online gaming and esports betting platforms
Strategic Profile
The company has recently filed Form 15 with the SEC to deregister its common stock following delisting from the Nasdaq Stock Exchange (February 2024). As of June 21, 2026, the company has 49 employees. The company maintains operations in online sportsbooks, casinos, and esports-focused platforms despite significant financial headwinds.
Cyborg Score Rationale
The stock price was $0.12 as of June 25, 2026, with a market cap of approximately $309.4K. The stock reached its all-time low of $0.0888 on June 16, 2026. Severe market delisting and deregistration, combined with minimal market capitalization and negative technical indicators, indicate fundamental distress.
Top Insights
Delisted from NASDAQ in February 2024 and now trades on OTC Markets; filed Form 15 to deregister from SEC (June 2026)
Stock has collapsed to penny-stock status with market cap under $400K as of June 2026; 52-week range $0.09-$0.52
Company operates dual-segment model (iGaming casino/sportsbooks + esports infrastructure software) but lacks meaningful revenue scale
Retained 49-69 employees across operations; annual revenue estimated at $9.8 million as of 2026 with significant operating losses
Named Competitors
DraftKings Sportsbook — Leading U.S. sportsbook and iGaming platform with major market share
Rush Street Interactive — U.S.-focused online sportsbook and casino operator
BetMGM — Major casino and sportsbook operator with national presence
Bethard — Online sportsbook and casino operated by EEG
Recent Developments
(June 2026) Filed Form 15 with SEC to deregister common stock and suspend periodic reporting obligations
(February 2024) Announced voluntary delisting from Nasdaq Stock Exchange
(June 2026) Stock reached all-time low of $0.0888 on June 16; trading at ~$0.12 as of June 25
Open the full interactive Esports Entertainment Group, Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.