Stock of Esports Betting Platform Esports Entertainment Expected to Double

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One Wall Street analyst has rated Esports Entertainment Group (NASDAQ: GMBL) stock a buy and predicts its stock will double.

Esports Entertainment is “the only eSports-dedicated U.S. wagering platform,” according to Maxim analyst Jack Vander Aarde, who initiated coverage of the platform with a buy rating and a $30 per share price target, which was almost double its $15.49 per share closing price on Thursday.

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