SharpLink Gaming, Inc. (SBET) Monday announced the acquisition of a 10 percent equity stake in U.K.-based Armchair Enterprises Limited, the owner of CryptoCasino.com, for $500,000 in cash. The deal includes a right of first refusal to acquire a controlling interest.
SharpLink aims to become the first Nasdaq-listed company focused on crypto gaming. CryptoCasino.com, launched in October 2024, offers blockchain-based gaming, including slots, table games, and a sportsbook, accepting multiple cryptocurrencies.
SBET is currently trading at $0.41 down 11.86 percent or $0.053 on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.