Esports Entertainment Group, Inc., formerly VGambling Inc., is a development-stage online gambling company. The Company intends to offer eSports enthusiasts from around the world, excluding the United States, the ability to wager on a range of e-Sports events. It intends to offer users the opportunity to wager against other users utilizing a peer-to-peer wagering system with no risk to the Company. It intends to offer spectators the ability to wager on all major professional eSports events and a range of amateur eSports events that will be broadcast live through streaming services, including twitch.tv, azubu.tv, ustream.tv and youtube.com. The Company also intends to offer users from around the world, excluding 13 States within the United States, the ability to participate in online video game tournaments and win cash prizes. Participants will be able to enter and play against each other with prize money distributed to the last remaining competitors.