EBet s BetTarget named Bare Knuckle Fighting Championship ring sponsor

EBet has confirmed its sports wagering brand BetTarget has been named ring sponsor of the Bare Knuckle Fighting Championship (BKFC), to be held on 20 August at Wembley Stadium

EBet has confirmed its sports wagering brand BetTarget has been named tintinnabulation patronise of the Bare Knuckle Fighting Championship (BKFC), to follow held on 20 August at Wembley Stadium.

BetTarget offers odds and unrecorded betting on a chain of major sports, with o'er 3,000 unrecorded events per month and thousands of pre-event markets.

EBet CMO Saint Mark Thorne said: "Bare Knuckle fighting is rapidly seemly ane of the to the highest degree pop armed combat sports in the world. And with 91% of the lover immoral higher up the eld of 21, this case is a outstanding scene for our sports wagering brand, BetTarget.

"We seem forrad to exposing our firebrand to the monumental audience this struggle scorecard testament engage."

The correspondence aims to provide extensive make exposure for BetTarget, with the BKFC localize to programme to 133 trillion homes in over 60 countries. The case is predicted to pinch 300,000 live PPV viewers, with an expected rebroadcast viewership of 25 million.

Earlier this week, EBet undertook a mountain range of drastic measures inward an effort to boost profitability, including reducing its amount list of employees and contractors by 54%.

The displace came as the troupe sought-after(a) to reach a electropositive EBITDA resultant for this month, after reporting an familiarized Earnings Before Interest Taxes Depreciation and Amortization deprivation of $4.7m for Q2 and an adjusted EBITDA loss of $4m for Q3.

The layoffs came alongside plans to redistribute resources inwards a renewed sharpen on iGaming.

EBet changed its call from Esports Technologies inwards May of this year, inwards a run to “better shine the company's business concern and its mission of providing groundbreaking wagering and technology.”

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