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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