Mobile Global Esports Inc (OTC: MGAM) is a fantasy entertainment technology company that develops and commercializes skill-based fantasy sports platforms. Revenue is generated through team ownership fees and micro-transactions on its Dominus Sports product, a fantasy baseball platform that launched a beta league in 2025. Ownership fees are recorded as a liability and paid out as prize money over a five-year period, while micro-transactions are recognized as revenue when billed. As of FY2025, the beta league generated approximately $4,000 in revenue, with Team Prize Payout obligations of approximately $11,600 as of December 31, 2025. The company is pre-revenue at scale, burning approximately $1,066,000 in operating cash during FY2025, and has disclosed that it may need to raise additional funding to meet cash and liquidity requirements for at least 12 months from the March 31, 2026 filing date. MGAM is incorporated in Delaware and maintains its corporate headquarters in Westport, Connecticut.

Revenue model

Team ownership fees (recorded as liability, paid out as prize money over five years) and micro-transactions recognized when billed, both through the Dominus Sports fantasy baseball platform. Total revenue from the beta league was approximately $4,000 for the year ended December 31, 2025.

Products and services

Dominus Sports: a skill-based fantasy baseball platform offering three-tier team ownership pricing with a five-year ownership period. The platform uses proprietary data-driven scoring engines, behavioral-logic systems, and simulated fantasy outputs. The company also acquired RSO software assets in 2025, with approximately $418,000 invested in software costs including that acquisition.

Customers and end markets

Fantasy sports consumers participating in skill-based fantasy baseball. As of December 31, 2025, the product was in beta league stage with de minimis customer activity. As of March 30, 2026, there were 102 record holders of common stock.

Value-chain role

Technology developer and platform operator for skill-based fantasy sports products. The company builds and owns its proprietary platforms and distributes directly to end consumers.

Geographic exposure

United States. Corporate headquarters in Westport, Connecticut. U.S. employees work remotely. Auditor, Mercurius & Associates LLP, is based in New Delhi, India.

Source: SEC 10-K, filed 2026-03-31

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