# EDGAR Filing Document

**Accession Number:** 0001451448
**File Stem:** 0001493152-23-001648
**Filing Date:** 2023-1
**Character Count:** 5837
**Document Hash:** 9906685ae5f46da86e8ee7c7ea79626e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-001648.hdr.sgml**: 20230117

**ACCESSION NUMBER**: 0001493152-23-001648

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230106

**FILED AS OF DATE**: 20230117

**DATE AS OF CHANGE**: 20230117

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Villani Michael J
- **CENTRAL INDEX KEY:** 0001962220

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39262
- **FILM NUMBER:** 23532158

**MAIL ADDRESS:**
- **STREET 1:** 84 FESTIVAL CT.
- **CITY:** WHITE PLAINS
- **STATE:** NY
- **ZIP:** 10603
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ESPORTS ENTERTAINMENT GROUP, INC.
- **CENTRAL INDEX KEY:** 0001451448
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
- **IRS NUMBER:** 263062752
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0630

**BUSINESS ADDRESS:**
- **STREET 1:** BLOCK 6, TRIQ PACEVILLE
- **STREET 2:** ST. JULIANS STJ 3109
- **CITY:** MALTA
- **STATE:** O1
- **ZIP:** BKR 9077
- **BUSINESS PHONE:** 356 2757 7000

**MAIL ADDRESS:**
- **STREET 1:** BLOCK 6, TRIQ PACEVILLE
- **STREET 2:** ST. JULIANS STJ 3109
- **CITY:** MALTA
- **STATE:** O1
- **ZIP:** BKR 9077

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VGambling Inc.
- **DATE OF NAME CHANGE:** 20150402

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VGambling, Inc.
- **DATE OF NAME CHANGE:** 20140815

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DK Sinopharma, Inc.
- **DATE OF NAME CHANGE:** 20100615

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Villani Michael J<br><sub>(Last) (First) (Middle)</sub><br>C/O ESPORTS ENTERTAINMENT GROUP, INC.<br>112 NORTH CURRY STREET<br><sub>(Street)</sub><br>CARSON CITY, NV 89703-4934<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>ESPORTS ENTERTAINMENT GROUP, INC. [ GMBL ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2023-01-06 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_Interim CFO and Controller_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common stock, $0.001 par value | 5000 | D |  |
| Series B Preferred Stock, $0.001 par value<sup>(1)</sup> | 100 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Employee stock options<sup>(2)</sup> | 2022-10-01 | 2026-10-01 | Common stock, $0.001 par value | 20000 | $6.71 | D |  |

---

### Footnotes:

(1) The Series B Preferred Stock ("Series B") was purchased on December 21, 2022 for $10 per share in cash. The 100 shares of Series B has 25,000,000 votes each and votes together with the outstanding shares of Esports Entertainment Group's ("EEG") common stock as a single class exclusively with respect to any proposal to effect a reverse stock split. The Series B is to be voted without action by the holder on any reverse stock split proposal in the same proportion that shares of common stock are voted. The Series B is not convertible into, or exchangeable, has no rights to any distribution of assets of EEG and is not entitled to receive dividends. The Series B shall be redeemed in whole, but not in part, at any time (i) if such redemption is ordered by the Board of Directors of EEG in its sole discretion or (ii) automatically upon the effectiveness of stockholder approval of the reverse stock split for $10 per share in cash.

(2) Employee stock options were granted on 10/1/2021 and had vested in quarterly installments over a term of 1 year. The employee stock options were fully vested on 10/1/ 2022.

**Signature:** /s/ Michael Villani  
**Date:** 2023-01-17

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**