 Esports Entertainment Group, Inc. Nasdaq CM: GMBL, GMBLW or the Company a licensed online gambling company with a focus on esports wagering and 18 gaming, today announced that in connection with its previously announced underwritten public offering of 1,980,000 units, the underwriters partially exercised and closed on their over-allotment option and purchased an additional 209,400 shares of common stock from the Company at a price of 4.23 per share. Esports Entertainment Group received additional gross proceeds of 885,762 from the sale of these shares, before deducting underwriting discounts and commissions and other estimated offering expenses. Maxim Group LLC acted as the lead book-running manager for the offering. 