First, GMBL stock isn’t rising because of pumping by the notorious group WallStreetBets on Reddit. The stock has been on an uptrend since it submitted an application for a gaming license with the New Jersey Division of Gaming Enforcement.
In January, the company said that its VIE.bet and SportNation.com brands are eligible to operate in 150 jurisdictions globally due to its Malta license. During the month, the company announced the acquisition of Esports Gaming League. It also signed a binding agreement to acquire ggCircuit and Helix eSports.
View more information: https://marketrealist.com/p/esports-entertainment-gmbl-stock-forecast/