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METHODOLOGY

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Our 5-step halal methodology, in 90 seconds.

GMBL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 27, 2024

Report Source: 2024 3rd Quarter Report

Esports Entertainment Group Inc

Esports Entertainment Group Inc. Stock Analysis GMBL

United States Consumer Discretionary Nano Cap Report:
Esports Entertainment Group, Inc. engages in the operation of iGaming, traditional sports betting, and esports businesses. The company is a diversified operator of iGaming, traditional sports betting, and esports businesses. The company operates the business in two verticals: EEG iGaming and EEG Games. EEG iGaming includes the esports betting platform with full casino and other functionality and services for iGaming customers. EEG owns and operates Lucky Dino, which is licensed by the managing general agent (MGA) to offer approximately five online casinos under its seven different brands on its in-house built iDefix casino-platform. EEG Games focuses on providing e-sports entertainment experiences to gamers through a combination of its proprietary infrastructure software and the creation of esports content for distribution to the betting industry. Its multiplayer video games include real-time strategy, fighting, first-person shooter, and multiplayer online battle arena games.
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Esports Entertainment Group Inc (GMBL) Chart

Key Statistics of Esports Entertainment Group Inc (GMBL)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$0.10$0.10

Today's Open

$0.10

Volume

7257.00

P/E Ratio (TTM)

-

52 Week Range

$0.09$0.52

Market Cap

193.33K

Avg. Volume

12.14K

Dividend Yield

-

Financial Metrics & Statements of Esports Entertainment Group Inc (GMBL)

FAQ's for Esports Entertainment Group Inc (GMBL)

  • According to Musaffa’s Shariah screening methodology, Esports Entertainment Group Inc (GMBL) is currently classified as NOT HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Esports Entertainment Group Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Esports Entertainment Group Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of Esports Entertainment Group Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of Esports Entertainment Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of Esports Entertainment Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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