LAS VEGAS, June 29, 2021 /PRNewswire/ -- Esports
Technologies, Inc. (NASDAQ: EBET), a leading global provider of
advanced esports wagering products and technology, has been added
to the broad-market Russell 3000 Index and the Russell Microcap
Index, effective June 28, 2021.
The 33rd Annual Russell Reconstitution captures the
4,000 largest U.S. stocks as of May 7,
2021, ranking them by total market capitalization. FTSE
Russell determines membership for its Russell US Indexes primarily
by objective, market-capitalization rankings, and style
attributes.
Aaron Speach, CEO of Esports
Technologies, said, "We have been very pleased with the interest
Esports Technologies has received from the investor community since
our listing on the Nasdaq in April. Being included in the Russell
U.S. indexes is yet another validation of our efforts to build
shareholder value as we forge ahead changing the face of esports
wagering through innovation and world-class analytics powered by
our proprietary technology."
Russell Indexes are part of FTSE Russell, a leading global index
provider. They are widely used by investment managers and
institutional investors as the basis for index funds and as
benchmarks for active investment strategies. According to FTSE
Russell, approximately $10.6 trillion
in assets are benchmarked to, or invested in, products based on the
Russell U.S. Indexes.
More information on the Russell indexes and their annual
reconstitution is available on the FTSE Russell website.
About Esports Technologies
Esports Technologies is
developing groundbreaking and engaging wagering products for
esports fans and bettors around the world. Esports Technologies is
one of the leading global providers of esports product, platform
and marketing solutions. The company operates a licensed online
gambling platform, gogawi.com, that offers real money betting on
esports events and professional sports from around the world in a
secure environment. The company is developing esports predictive
gaming technologies that allow distribution to both customers and
business partners.
CAUTIONARY STATEMENT CONCERNING FORWARD LOOKING
STATEMENTS: This press release includes forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934 and the
Private Securities Litigation Reform Act of 1995, which statements
involve risks and uncertainties. These statements relate to future
events, future expectations, plans and prospects. You can identify
forward-looking statements by those that are not historical in
nature, particularly those that use terminology such as "may,"
"should," "expects," "anticipates," "contemplates," "estimates,"
"believes," "plans," "projected," "predicts," "potential," or
"hopes" or the negative of these or similar terms. Although the
Company believes that the expectations reflected in such
forward-looking statements are reasonable as of the date made,
actual results or outcomes may prove to be materially different
from the expectations expressed or implied by such forward-looking
statements. These statements are only predictions and involve known
and unknown risks, uncertainties, and other factors, including
those discussed in the Company's filings with the Securities and
Exchange Commission, including as set forth in the "Risk Factors"
section of the Company's final prospectus, which was filed with the
Securities and Exchange Commission on April
16, 2021, as updated by the Company's subsequent Quarterly
Reports on Form 10-Q. The Company does not undertake any obligation
to release publicly any revisions to forward-looking statements as
a result of subsequent events or developments, except as required
by law.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/esports-technologies-joins-russell-3000-and-russell-microcap-indexes-301321585.html
SOURCE Esports Technologies, Inc.