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Investor Presentation – September 2020
Esports Gaming & Wagering Company
The information contained herein includes forward-looking statements. These statements relate to future
events or to our future financial performance, and involve known and unknown risks, uncertainties and
other factors that may cause our actual results, levels of activity, performance, or achievements to be
materially different from any future results, levels of activity, performance or achievements expressed or
implied by these forward-looking statements.
You should not place undue reliance on forward-looking statements since they involve known and
unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which
could, and likely will, materially affect actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects our current views with respect to future events and is subject to
these and other risks, uncertainties and assumptions relating to our operations, results of operations,
growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results could differ materially from those
anticipated in these forward-looking statements, even if new information becomes available in the future.
The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995
protects companies from liability for their forward-looking statements if they comply with the requirements
of the Act.
2
Forward Looking Statements
Esports Entertainment Esports Wagering
• Esports Entertainment Group (GMBL) is a Nasdaq-listed company operating in three key verticals; 1) esports entertainment,
2) esports wagering, 3) iGaming and traditional sports betting.
• Esports Entertainment Group is uniquely well-positioned to take advantage of two emerging mega-trends in consumer
entertainment, 1) the explosion of esports and video game consumption, particularly amongst younger millennials and Gen
Z, 2) the expansion of legal online gambling throughout the US.
-In April 2020, GMBL became the first US-based
iGaming company to list on the NASDAQ.
-In July 2020, GMBL acquired Argyll
Entertainment, a licensed online gambling
company in the UK and Ireland with > 100K
registered users and $12 mil in revenue in 2019.
-Argyll operates under the brands SportNation
and Redzone.bet.
-EGL operates both online and live leagues and
tournaments for gamers. The company is known in
the industry for producing well-attended, ticketed
events sponsored by leading endemic and non-
endemic partners.
-The company monetizes its live events through 1)
sponsorships, 2) streaming broadcast rights, 3)
advertising, 4) tickets, 5) other revenue such as
merchandise and food and beverage.
3
Esports Entertainment Group: Three Pillar Strategy
NASDAQ: GMBL
Recent Price $3.87
Market Cap $44.98M
Shares
Outstanding
11.2M
Float 2.3M
As of September 8, 2020
iGaming + Traditional Sports Betting
-GMBL intends to be a leader in the growing
sector of Esports entertainment and real-money
wagering.
-The company’s VIE.GG platform offers fans the
ability to wager on all professional Esports events
for real money in a licensed and secure
environment.
-Malta and Curacao gaming licenses (covers 149
jurisdictions globally); UK and Ireland license
through Argyll Entertainment; NJ license pending
4
Esports Entertainment Group Investment Highlights
The Esports audience is a massive and rapidly growing (590 mil by 2022)
Favorable demographics & diverse global reach
Esports monetization has dramatic catch-up opportunity vs traditional sports
Large endemic & non-endemic sponsors want exposure to the sector
Esports wagering handle is projected to be ~$13 bil in 2020
Covid-19 has proven that traditional sports bettors will bet on Esports
GMBL has affiliate partnerships with leading Esports organizations and influencers
VIE.GG is the most transparent Esports betting site
Aggressive M&A strategy targeting successful iGaming operators and Esports Assets
• Esports is organized competitive video gaming that is watched as
a spectator event.
• During COVID-19 lockdowns, Esports have exploded in popularity.
In April alone, 1.8 bil hours of content were watched on Twitch
(up 125% yoy).
• Over 80 U.S. colleges now offer Esports scholarships
5
Understanding the Esports Opportunity
What is Esports? Esports Worldwide Audience Size (millions)
**Despite the vast amount of eyeballs, Esports remain
dramatically under-monetized relative to traditional sports**
Source: NewZoo
• Esports’ main audience is young, digital native and affluent.
• While the average traditional sports fan is in their 50s, the
average age of an Esports fan is only 26 (according to Nielsen).
• Over 30% of Esports enthusiasts have an annual income of over
$90K.
• The Esports audience is globally diverse, with over 50% coming
from Asia Pacific.
6
Understanding the Esports Opportunity
Favorable Demographics Endemic & Non-Endemic Sponsors Investing in Esports
• The increasing prevalence of cord-cutting and ad-blocker usage has
made gamers a cohort that is hard for advertisers to reach through
traditional media.
• Esports offer an opportunity for advertisers to communicate with
gamers where they are, on digital platforms like Twitch.
• Research has found that esports fans are more likely to be influenced
by their favorite team being sponsored by a brand than traditional
sports fans are.
The Esports audience skews younger and is global in nature
Esports Viewers by Age Esports Enthusiasts by Region
Sources: NewZoo, Nielsen, Company Websites
7
Introducing GMBL’s Esports Assets
• Esports betting began primarily through unregulated sites but it is now
migrating to regulated operations. EEG provides a safe, compliant
platform and our Nasdaq listing provides full transparency through SEC
filings.
• Malta and Curacao gaming licenses (covers 149 jurisdictions globally); UK
and Ireland license through Argyll Entertainment; NJ license pending
• On 8/11 EEG signed an LOI to acquire FLIP Sports Limited, a mobile
games studio whose proprietary in-play, peer-to-peer technology,
provides a unique multi-platform second-screen experience for sports
fans and wagering enthusiasts
• Over 100K registered players through Argyll Entertainment.
VIE.GG Wagering Platform EGL Tournament Platform
➢ Mobile optimized platform
➢ Easy to access payment
options
➢ Strong user-interface
Past EGL Sponsors and Advertisers
• EGL operates both online and live leagues and tournaments for
gamers. The company is known in the industry for producing well-
attended, ticketed events sponsored by leading endemic and non-
endemic partners.
• The company monetizes its live events through 1) sponsorships, 2)
streaming broadcast rights, 3) advertising, 4) tickets, 5) other revenue
such as merchandise and food and beverage.
• In 2019 EGL hosted 22 live events, with an average revenue per event
of 61K Euros.
8
Esports Entertainment Group Organic Revenue Guidance
$13 Mil
$25 MilFISCAL ‘22
FISCAL ‘21
FISCAL ‘22
FISCAL ‘21
9
Long-Term Esports Wagering TAM / VIE.GG Revenue Target
# of Global Esports Enthusiasts
(ex-China)1
300 mil
60% are over Age 212
180 mil
Yearly Average Wagered Per Person
(handle)3
$250
Global Total Handle
$45 bil
Global Gross Revenue TAM
(assume 8% hold)
$3.6 bil
VIE.GG Long Term Revenue Target (assume 5% market share)
$180 mil
Implies Esports
represents ~2.5% of
Global Online Sports
Betting Market4
Sources: 1. NewZoo, 2. Nielsen, 3. GMBL Estimate, 4. Zion Market Research
10
Comparable Company Benchmarking
Esports Entertainment Group (GMBL) trades at a significant discount to pure-play online
gambling and Esports competitors despite strong early-mover advantage in the rapidly growing
Esports vertical.
Sources: FactSet Investment Research, Skillz, GNOG, RSI based on proposed SPAC valuations
*GMBL based on management’s F21 revenue guidance
Esports Comp Group = EGLX.TO, SLGG, AESE
Prices as of 9/8/20
11
Key Strategic Partnerships
• Signed multi-year partnership with Dignitas, one of the most
iconic and recognizable brands in esports and owned by Harris
Blitzer Sports and Entertainment (HBSE).
• Other HBSE assets include the New Jersey Devils, Philadelphia
76ers, and the Crystal Palace.
• Allied Esports was named to Fast Company’s World’s Most
Innovative Companies list for 2019, Allied Esports is a premier
esports entertainment company with a global network of
dedicated esports properties and content production facilities.
• EEG will be the title sponsor of the inaugural VIE.GG CS:GO
Legend Series Tournament.
• Leading independent corporate finance and equity capital
markets adviser specializing in online gaming.
• Akur will help EEG with our aggressive M&A strategy, targeting
successful iGaming operators that have gambling licenses in
strategic jurisdictions.
HBSE Co-Founders:
Josh Harris - Co-Founder and Senior Managing Director of Apollo
Global Management
David Blitzer - Global Head of Blackstone’s Tactical Opportunities
group
Grant Johnson, B.A., Chief Executive Officer and Chairman, is a business development professional with extensive experience in the
online gambling industry as an officer and director of publicly listed technology companies.
12
Management Team
Dan Marks, Chief Financial Officer, has spent 18 years in financial and operational leadership roles, predominantly in
corporate banking, as COO for the UK Coverage team at Barclays in London and as CFO for US Large Corporates and MMEs at
HSBC in New York; he entered the gaming industry in 2016, when he became CFO of Argyll Entertainment.
Stuart Tilly, Corporate Secretary, is the Co-Founder and CEO of Argyll Entertainment and is a practicing UK solicitor, having
trained and qualified at international Magic Circle law firm, Allen & Overy. Having held in-house legal roles with various blue-chip
gaming companies since 2005, he established the iGaming Counsel in 2012 and was the founder of FLIP Sports.
John Brackens, CIO/CTO and Director, is a tech and gaming industry expert with experience in Esports having led up
Network Operations at Activision Blizzard and was COO of Sparkjumpers Game Studios.
Magnus Leppäniemi, VP of Marketing and Head of Esports, began his career in the gaming industry in 1996 and has sold and
managed global esports partnerships for major brands and partners like Intel, BenQ Zowie, Electronic Arts, Activision, ESL, and
the NBA. Previously, he was Global Sales Director for Wehype and Sales Director North America at DreamHack.
Jeff Cohen, VP of Strategy and Investor Relations, previously an analyst at Stephens Inc, a leading Wall Street investment
bank, covering the gaming and esports sectors. Prior to that, Jeff was an analyst in Equity Special Situations at Barclays. Cohen
has a Bachelor’s in Government at Harvard University and an MBA in Finance and Accounting from Columbia Business School.
Address
170 Pater House, Psaila Street
Birkirkara, BKR 9077, Malta
Phone
+356-2757-7000
U.S. Investor Relations
Jeff@esportsentertainmentgroup.com
RedChip Companies, Inc.
Dave Gentry
407-491-4498
Dave@redchip.com
13
Contact Information
Websites
EsportsEntertainmentGroup.com
VIE.GG
VIE.BET
STOCK SYMBOL
NASDAQ: GMBL

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GMBL Investor Deck September

  • 1. Investor Presentation – September 2020 Esports Gaming & Wagering Company
  • 2. The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act. 2 Forward Looking Statements
  • 3. Esports Entertainment Esports Wagering • Esports Entertainment Group (GMBL) is a Nasdaq-listed company operating in three key verticals; 1) esports entertainment, 2) esports wagering, 3) iGaming and traditional sports betting. • Esports Entertainment Group is uniquely well-positioned to take advantage of two emerging mega-trends in consumer entertainment, 1) the explosion of esports and video game consumption, particularly amongst younger millennials and Gen Z, 2) the expansion of legal online gambling throughout the US. -In April 2020, GMBL became the first US-based iGaming company to list on the NASDAQ. -In July 2020, GMBL acquired Argyll Entertainment, a licensed online gambling company in the UK and Ireland with > 100K registered users and $12 mil in revenue in 2019. -Argyll operates under the brands SportNation and Redzone.bet. -EGL operates both online and live leagues and tournaments for gamers. The company is known in the industry for producing well-attended, ticketed events sponsored by leading endemic and non- endemic partners. -The company monetizes its live events through 1) sponsorships, 2) streaming broadcast rights, 3) advertising, 4) tickets, 5) other revenue such as merchandise and food and beverage. 3 Esports Entertainment Group: Three Pillar Strategy NASDAQ: GMBL Recent Price $3.87 Market Cap $44.98M Shares Outstanding 11.2M Float 2.3M As of September 8, 2020 iGaming + Traditional Sports Betting -GMBL intends to be a leader in the growing sector of Esports entertainment and real-money wagering. -The company’s VIE.GG platform offers fans the ability to wager on all professional Esports events for real money in a licensed and secure environment. -Malta and Curacao gaming licenses (covers 149 jurisdictions globally); UK and Ireland license through Argyll Entertainment; NJ license pending
  • 4. 4 Esports Entertainment Group Investment Highlights The Esports audience is a massive and rapidly growing (590 mil by 2022) Favorable demographics & diverse global reach Esports monetization has dramatic catch-up opportunity vs traditional sports Large endemic & non-endemic sponsors want exposure to the sector Esports wagering handle is projected to be ~$13 bil in 2020 Covid-19 has proven that traditional sports bettors will bet on Esports GMBL has affiliate partnerships with leading Esports organizations and influencers VIE.GG is the most transparent Esports betting site Aggressive M&A strategy targeting successful iGaming operators and Esports Assets
  • 5. • Esports is organized competitive video gaming that is watched as a spectator event. • During COVID-19 lockdowns, Esports have exploded in popularity. In April alone, 1.8 bil hours of content were watched on Twitch (up 125% yoy). • Over 80 U.S. colleges now offer Esports scholarships 5 Understanding the Esports Opportunity What is Esports? Esports Worldwide Audience Size (millions) **Despite the vast amount of eyeballs, Esports remain dramatically under-monetized relative to traditional sports** Source: NewZoo
  • 6. • Esports’ main audience is young, digital native and affluent. • While the average traditional sports fan is in their 50s, the average age of an Esports fan is only 26 (according to Nielsen). • Over 30% of Esports enthusiasts have an annual income of over $90K. • The Esports audience is globally diverse, with over 50% coming from Asia Pacific. 6 Understanding the Esports Opportunity Favorable Demographics Endemic & Non-Endemic Sponsors Investing in Esports • The increasing prevalence of cord-cutting and ad-blocker usage has made gamers a cohort that is hard for advertisers to reach through traditional media. • Esports offer an opportunity for advertisers to communicate with gamers where they are, on digital platforms like Twitch. • Research has found that esports fans are more likely to be influenced by their favorite team being sponsored by a brand than traditional sports fans are. The Esports audience skews younger and is global in nature Esports Viewers by Age Esports Enthusiasts by Region Sources: NewZoo, Nielsen, Company Websites
  • 7. 7 Introducing GMBL’s Esports Assets • Esports betting began primarily through unregulated sites but it is now migrating to regulated operations. EEG provides a safe, compliant platform and our Nasdaq listing provides full transparency through SEC filings. • Malta and Curacao gaming licenses (covers 149 jurisdictions globally); UK and Ireland license through Argyll Entertainment; NJ license pending • On 8/11 EEG signed an LOI to acquire FLIP Sports Limited, a mobile games studio whose proprietary in-play, peer-to-peer technology, provides a unique multi-platform second-screen experience for sports fans and wagering enthusiasts • Over 100K registered players through Argyll Entertainment. VIE.GG Wagering Platform EGL Tournament Platform ➢ Mobile optimized platform ➢ Easy to access payment options ➢ Strong user-interface Past EGL Sponsors and Advertisers • EGL operates both online and live leagues and tournaments for gamers. The company is known in the industry for producing well- attended, ticketed events sponsored by leading endemic and non- endemic partners. • The company monetizes its live events through 1) sponsorships, 2) streaming broadcast rights, 3) advertising, 4) tickets, 5) other revenue such as merchandise and food and beverage. • In 2019 EGL hosted 22 live events, with an average revenue per event of 61K Euros.
  • 8. 8 Esports Entertainment Group Organic Revenue Guidance $13 Mil $25 MilFISCAL ‘22 FISCAL ‘21 FISCAL ‘22 FISCAL ‘21
  • 9. 9 Long-Term Esports Wagering TAM / VIE.GG Revenue Target # of Global Esports Enthusiasts (ex-China)1 300 mil 60% are over Age 212 180 mil Yearly Average Wagered Per Person (handle)3 $250 Global Total Handle $45 bil Global Gross Revenue TAM (assume 8% hold) $3.6 bil VIE.GG Long Term Revenue Target (assume 5% market share) $180 mil Implies Esports represents ~2.5% of Global Online Sports Betting Market4 Sources: 1. NewZoo, 2. Nielsen, 3. GMBL Estimate, 4. Zion Market Research
  • 10. 10 Comparable Company Benchmarking Esports Entertainment Group (GMBL) trades at a significant discount to pure-play online gambling and Esports competitors despite strong early-mover advantage in the rapidly growing Esports vertical. Sources: FactSet Investment Research, Skillz, GNOG, RSI based on proposed SPAC valuations *GMBL based on management’s F21 revenue guidance Esports Comp Group = EGLX.TO, SLGG, AESE Prices as of 9/8/20
  • 11. 11 Key Strategic Partnerships • Signed multi-year partnership with Dignitas, one of the most iconic and recognizable brands in esports and owned by Harris Blitzer Sports and Entertainment (HBSE). • Other HBSE assets include the New Jersey Devils, Philadelphia 76ers, and the Crystal Palace. • Allied Esports was named to Fast Company’s World’s Most Innovative Companies list for 2019, Allied Esports is a premier esports entertainment company with a global network of dedicated esports properties and content production facilities. • EEG will be the title sponsor of the inaugural VIE.GG CS:GO Legend Series Tournament. • Leading independent corporate finance and equity capital markets adviser specializing in online gaming. • Akur will help EEG with our aggressive M&A strategy, targeting successful iGaming operators that have gambling licenses in strategic jurisdictions. HBSE Co-Founders: Josh Harris - Co-Founder and Senior Managing Director of Apollo Global Management David Blitzer - Global Head of Blackstone’s Tactical Opportunities group
  • 12. Grant Johnson, B.A., Chief Executive Officer and Chairman, is a business development professional with extensive experience in the online gambling industry as an officer and director of publicly listed technology companies. 12 Management Team Dan Marks, Chief Financial Officer, has spent 18 years in financial and operational leadership roles, predominantly in corporate banking, as COO for the UK Coverage team at Barclays in London and as CFO for US Large Corporates and MMEs at HSBC in New York; he entered the gaming industry in 2016, when he became CFO of Argyll Entertainment. Stuart Tilly, Corporate Secretary, is the Co-Founder and CEO of Argyll Entertainment and is a practicing UK solicitor, having trained and qualified at international Magic Circle law firm, Allen & Overy. Having held in-house legal roles with various blue-chip gaming companies since 2005, he established the iGaming Counsel in 2012 and was the founder of FLIP Sports. John Brackens, CIO/CTO and Director, is a tech and gaming industry expert with experience in Esports having led up Network Operations at Activision Blizzard and was COO of Sparkjumpers Game Studios. Magnus Leppäniemi, VP of Marketing and Head of Esports, began his career in the gaming industry in 1996 and has sold and managed global esports partnerships for major brands and partners like Intel, BenQ Zowie, Electronic Arts, Activision, ESL, and the NBA. Previously, he was Global Sales Director for Wehype and Sales Director North America at DreamHack. Jeff Cohen, VP of Strategy and Investor Relations, previously an analyst at Stephens Inc, a leading Wall Street investment bank, covering the gaming and esports sectors. Prior to that, Jeff was an analyst in Equity Special Situations at Barclays. Cohen has a Bachelor’s in Government at Harvard University and an MBA in Finance and Accounting from Columbia Business School.
  • 13. Address 170 Pater House, Psaila Street Birkirkara, BKR 9077, Malta Phone +356-2757-7000 U.S. Investor Relations Jeff@esportsentertainmentgroup.com RedChip Companies, Inc. Dave Gentry 407-491-4498 Dave@redchip.com 13 Contact Information Websites EsportsEntertainmentGroup.com VIE.GG VIE.BET STOCK SYMBOL NASDAQ: GMBL