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Emerge Gaming may spin out Miggster platform that involves Crowd1 Network

Emerge Gaming may spin out Miggster platform that involves Crowd1 Network
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Why the Emerge Gaming (ASX:EM1) share price is jumping 13% today

Why the Emerge Gaming (ASX:EM1) share price is jumping 13% today
Aaron Teboneras | March 15, 2021 2:44pm |
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At the time of writing, the e-sports and gaming technology company’s shares are swapping hands for 4.3 cents, up 13.16%.
What’s pushing the Emerge Gaming share price higher?
The Emerge Gaming share price is soaring higher after the company revealed that it is attracting new subscribers.
In its announcement, Emerge Gaming advised that it has banked around $4.5 million from its platform subscriptions. With more than 300,000 paying subscribers between its MTN Arena and MIGGSTER platforms, the company aims to become the world’s largest online gaming community. ....

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The board of Emerge Gaming (ASX:EM1) admits to not knowing the motivations of its 150,000 subscribers

19.4%
The board of Emerge Gaming (ASX:EM1) admits to not knowing the motivations of its 150,000 subscribers
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Troubled online gaming company Emerge Gaming (EM1) has seemingly turned a corner after announcing ongoing record subscribers for its controversial Miggster platform
The company claims over 150,000 people have subscribed to the platform, but eight regulators around the world have banned or raised concerns about Emerge s partners, ICT and Crowd 1, for operating unlicensed investment schemes
As such, it s unclear how much of the banked revenue from Miggster subscriptions comes from an investment scheme rather than online gaming ....

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ASX stock of the day: Emerge Gaming (ASX:EM1) shares rocket more than 20%

ASX stock of the day: Emerge Gaming (ASX:EM1) shares rocket more than 20%
Sebastian Bowen | December 16, 2020 3:29pm |
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Emerge Gaming Ltd(ASX: EM1) share price is rocketing today, up 19.4% at the time of writing to 8 cents. Emerge Gaming shares closed at just 6.7 cents yesterday, but opened at 7 cents today after a brief trading halt (more on that later), and climbed even higher afterwards, hitting 8.6 cents a share at one point.
Today’s move caps off what has been a wild few months for Emerge Gaming shares. As recently as May 2020, the company’s shares were trading for just 1 cent apiece. However, the shares spiked back in October, climbing as high as 19 cents, representing a year-to-date gain of 600% and a 1,300% gain since 25 May. On today’s prices, Emerge shares are still up 305% year to date, but also down more than 42% from October’s highs. ....

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