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Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

Esports Entertainment Reinforced Financial Team with Damian Mathews as CFO

March 16, 2022 Europe欧洲 Events & AnnouncementsIndustry Updates

Esports Entertainment Group, a full-stack esports and online gambling company, has reinforced its leadership team with the addition of Damian Mathews. He will serve as the company’s new chief financial officer, will assume the role of chairman of the audit committee, and will retain his position on its board of directors.

Esports Entertainment Acquires Mathews as CFO
Mathews is experienced with financial and leadership positions and has worked for several companies. He directed NZ Pacific Investments, a consultancy of his own from 2009 to 2012. After that, he served as the chief financial officer of the Qatar and Abu Dhabi Investment Company for five years and a half. He is currently the group chief operating officer at Quattro Real Estate – a position he has held for almost a year now.

In June 2020, Mathews joined Esports Entertainment Group as a director. Since then, he has helped guide the company down the right path. Thanks to his hard work, Mathews has been chosen as the company’s new chief financial officer, replacing Dan Marks who will relinquish the role on April 2.

As a CFO, Mathews’ job will be to mitigate Esports Entertainment Group’s losses and help it to boost its revenues. The rise of operating costs and lower revenues across certain verticals recently resulted in the company losing $35 million. Not everything is grim, however, as Esports Entertainment’s iGaming revenues have been strong – something Mathews will likely capitalize on.

Source: https://www.gamblingnews.com/news/esports-entertainment-reinforced-financial-team-with-damian-mathews-as-cfo/
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