Lisa Springer's questions to ESPORTS ENTERTAINMENT GROUP (GMBL) leadership • Q2 2022
Question
Lisa Springer from Singular Research, LLC requested more details on the new OMEGA product, including its sales pipeline, marketing strategy, and potential revenue contribution for 2022. She also asked about the geographic focus of the rollout and confirmed if its potential revenue was excluded from the current year's guidance.
Answer
Chairman and CEO Grant Johnson stated that the OMEGA product is expected to make a 'substantial meaningful impact' on revenue in the current fiscal year. He described a strong pipeline with roughly a dozen contracts under negotiation with major retailers and entertainment venues following its debut at the IAAPA conference. He explained the product is being marketed internationally, with interest from Europe and Canada in addition to the U.S. Johnson also confirmed that potential revenue from OMEGA has not yet been factored into the company's financial guidance.