Esports Technologies Wins Esport Product of the Year at the 2022 SiGMA Asia Awards

Recognized for Advancing the Emerging Esports Industry

LAS VEGAS, March 22, 2022 /PRNewswire/ -- Esports Technologies, Inc. (Nasdaq: EBET, "Esports Technologies"), a leading global provider of advanced esports wagering products and technology, has won Esport Product of the Year at the 2022 SiGMA Asia Awards. This award recognized the company's strategic efforts in advancing the rapidly growing esports industry. The SiGMA Asia Awards ceremony was held March 21 in Dubai.

The other finalists nominated in the Esport Product of the Year category were Digitain, EspKings, Oddin.gg, Odds.gg, and GameScorekeeper.

Bart Barden, COO, Esports Technologies, said, "We were honored to join an elite group of industry players as finalists for the SiGMA Asia Awards. Our team is so proud to receive this award for Esport Product of the Year, which further fuels our passion for innovation."

This recognition follows the company's award for Esport Product of the Year at the 2021 Europe Gaming Awards. Esports Technologies was also a finalist for the 2021 Tempest Esports Business Awards, nominated in the Innovative Use of Technology category for its real-time odds modeling and simulation system. 

About Esports Technologies
Esports Technologies develops award-winning, groundbreaking and engaging wagering products for esports fans and bettors around the world. The company is focused on bringing better odds and technology solutions to cater to the Millennial and Gen-Z demographics. It has an expanding portfolio of intellectual property with patents pending around odds modeling simulation, an electronic sports betting exchange system, live streaming odds integration and enhancing modeling probabilities in multi-player games. Esports Technologies operates online sportsbook and casino brands Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, GenerationVIP and Gogawi, which have over 1.25 million deposited customers in more than 15 countries. Esports Technologies recently was awarded SIGMA's Esport Product of the Year, and its brand Karamba received SBC's award for Innovation in Casino & Gaming Entertainment. Esports Technologies is listed on the Nasdaq under the symbol EBET.

For more information, visit: https://esportstechnologies.com.

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 Item 1A. "Risk Factors" in our most recently filed Form 10-K filed with the Securities and Exchange Commission and updated from time to time in our Form 10-Q filings and in our other public filings with the SEC. 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.

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SOURCE Esports Technologies, Inc.