NASDAQ-listed gambling operator Esports Entertainment Group (EEG) has seen its gaming license approved by the New Jersey Division of Gaming Enforcement (DGE) on Monday, the company announced.
The approval notice will allow EEG to begin submitting software to the New Jersey regulator for testing, as well as apply for a transactional waiver. Once passing DGE testing, the license will allow EEG to operate and service bettors in the Garden State. This includes through its esports-focused sportsbook VIE.bet.
The company anticipates it will be able to accept its first bet in New Jersey by the end of its Q1 fiscal year.