Online gambling and eSports betting operator, Esports Entertainment Group Incorporated, has announced that it has relocated its headquarters to Malta while hiring two experienced professionals to fill key positions within an expanded executive team.
Nation’s ‘strategic location’:
Previously based in Antigua and Barbuda, the firm used an official Thursday press release to declare that it selected Malta as its new home due to the jurisdiction’s ‘strategic location within the European Union’ alongside the presence of a multilingual and highly educated workforce with extensive experience in online gambling.
Esports Entertainment Group Inc explained that it is responsible for the exchange-style online wagering domain at Vie.gg that allows aficionados to place bets on eSports games such as Counter Strike: Global Offensive, League of Legends and Call of Duty. Licensed by regulators in the Netherlands, Canada and Curacao, the firm also stated that it intends to intensify the development of this site throughout 2019 in hopes of making it ‘the world’s first and most transparent eSports betting exchange.’
Head of Payments appointment:
To help it achieve this goal, Esports Entertainment Group Incorporated proclaimed that it has hired Jenny Pace to serve as its new Head Of Payments to manage all of its future relationships with financial institutions and payment processors. The operator pronounced that its latest hire has nearly 25 years of payment processing experience including via an extensive spell working as Director and Malta Country Manager for Western Union Business Solutions and is to moreover endeavor to insure Vie.gg ‘provides its players with the most up-to-date payment options.’
In addition, Esports revealed that Adrien Lefevre has been appointed to serve as its latest Chief Risk and Compliance Officer where he is to create an ‘integrated risk framework’ and manage the process of applying for any new licenses. It stated that the executive has joined its ranks from The Multi Group Limited and will utilize his ‘extensive experience’ to help it pursue additional licenses that are destined to ‘further strengthen its market position and rapidly expand into new geographic regions.’
Grant Johnson, Chief Executive Officer for Esports Entertainment Group, described the relocation of his firm’s headquarters to the Maltese town of Birkirkara as well as the two new hiring as ‘milestones’ that will help his firm to continue improving its eSports wagering services for those over the age of 18.
Johnson’s statement read…
“Malta is a full European Union member nation that provides greater resources and the infrastructure necessary to continue our growth. The addition of Jenny and Adrien significantly strengthens our regulatory and operational expertise.”