Argyll Entertainment Acquired by eSports Entertainment Group.

The eSports Entertainment Group confirmed that they’d finalized their acquisition of Argyll Entertainment, receiving full ownership of their digital sportsbook & casino. This takeover required that EEG purchase the parent company for Argyll Entertainment, LHE Enterprises. The cost valuation for eSports Entertainment Group wasn’t disclosed, suggesting that millions were spent in the purchasing of Argyll.

The Chief Executive Officer of eSports Entertainment Group, Grant Johnson, made a formal announcement on their recent acquisition. He’d incentive that assets have become a significant component of EEGs growth strategy, with the purchasing of Argyll Entertainment being a notable milestone for Grant Johnson & his workforce. It marks the 1st step of their growth strategy, entering completion.

Grant Johnson continued his sentiments, evoking that Argyll Entertainment obtained $12 Million in 2019 with financial profits. They’d also acquired 100+ thousand registered users while hiring personnel that maintain more in-depth knowledge with the online betting industry. Grant Johnson clarified that this had enabled them to create a secure & reliable foundation for their future business ventures, while hope to capitalize on numerous profit opportunities.

The acquisition of Argyll Entertainment wasn’t known to the gambling industry, with eSports Entertainment Group having minorly expressed an intention to purchase this company in May 2020. They would’ve been deep into discussions this period, merely keeping their acquisition meetings private to public personnel. This could’ve affected Argyll Entertainment’s stock valuations before EEG finalized their purchase.

The Chief Executive Officer of Argyll Entertainment & Chief Financial Officer will strategically be repositioned into the “Senior Leadership Team” at eSports Entertainment Group. Stuart Tilly is receiving the role of Corporate Secretary, with Dan Marks maintaining his position of Chief Financial Officer.

EEGs New Leader

This wasn’t the exclusive announcement regarding leadership made by the Esports Entertainment Group in late July. It was revealed that they’d repositioned their “Senior Leadership Team”, electing to hire Jeff Cohen to become Vice President of Strategic Planning & Investor Relations.
Jeff Cohen has formidable experience in the realm of Investor Relations, previously working as an executive on Wall Street. Cohen also maintains knowledge in the online gaming atmosphere, having worked for Stephens Incorporated. This private investment firm covered eSport Betting Entertainment, prompting Jeff Cohen to meet Grant Johnson of EEG.