Esports betting experiences provider EBET today announced the appointment of Jon Najarian as an advisor to the company.
Bringing the company into a new era
Najarian’s appointment as an adviser to Nasdaq-listed EBET will bring him decades of experience in the securities and futures markets, as well as influence from his role as a regular contributor to CNBC Business TV and his athletic career with the Chicago Bears.
“EBET is an exciting company with a solid strategy, field-tested betting products and a management team capable of leading the business into a new era,” said Mr. Najarian. , noting that EBET’s “geographical reach, expansion plans and customer base” are the necessary prerequisites for the company to “carve out a leading position in the industry”.
I am delighted to join and bring my experience to accelerate the growth of EBET, helping it realize its enormous potential,” Najarian concluded.
Mr. Najarian, who worked for 25 years as a trader on the Chicago Board Options Exchange and is a member of the New York Stock Exchange (NYSE), the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), is also a co-founder of MarketRebellion.com, where he leads the company’s initiatives to provide information on trading options and other securities.
Najarian was also the co-founder of another securities trading firm, TradeMonster, a highly rated online brokerage firm that was sold to E*TRADE Financial Corp. for $750 million in 2016.
His other accomplishments include the development of the Heat Seeker algorithm which identifies unusual options trading activity.
Company Strategic Overview
For the company formerly known as Esports Technologies until it was rebranded as EBET in May to better reflect its vision for the future, Managing Director Aaron Speach was “delighted to welcome Jon Najarian as than advise. »
“His vast experience will no doubt bring strategic insight to EBET that will help shape the direction and future success of the business,” added Mr. Speach.
Najarian continues to be an active investor and market analyst and has delivered keynote addresses for the NYSE, Euromoney and Institutional Investor.
As for EBET, the company recently announced that it would reduce more than half of its workforce and its subcontractors in order to achieve its profitability objectives.