UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (date of earliest event reported): December 12, 2018

                        ESPORTS ENTERTAINMENT GROUP, INC.
                        ---------------------------------
                 (Name of Small Business Issuer in its charter)

       Nevada                      000-55954             26-3062752
  ------------------           -----------------        --------------
  (State of incorporation)    (Commission File No.)       (IRS Employer
                                                        Identification No.)

                        Commercial Centre, Jolly Harbour
                         St. Mary's, Antigua and Barbuda
                     ---------------------------------------
                    (Address of principal executive offices)

      Registrant's telephone number, including area code: (905) 580-2978

                 ----------------------------------------------
          (Former name or former address if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b)

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-14c))

Indicate by check mark whether the  registrant is an emerging  growth company as
defined in Rule 405 of the Securities  Act of 1933  (ss.203.405 of this chapter)
or Rule  12b-2 of the  Securities  Exchange  Act of 1934  (ss.204.12b-2  of this
chapter.

Emerging growth company [ ]

If an emerging  growth  company,  indicate by check mark if the  registrant  has
elected not to use the extended  transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the
Exchange Act. [ ]

<PAGE>


Item 1.01.    Entry Into a Material Definitive Agreement.

      See Item 2.03 of this report.

Item 2.03.   Creation of a Direct Financial Obligation or an Obligation under an
             Off-Balance Sheet Arrangement of a Registrant.

     On December 12, 2018 the Company sold senior secured convertible promissory
notes in the principal amount of $286,000 to two private investors.  The Company
received gross  proceeds of $260,000 from the sale of the Notes,  after original
issue  discounts  of  $26,000.  The Notes bear  interest  at 5% per year and are
secured by all of the  Company's  assets.  The Notes mature on December 12, 2019
and are convertible  into shares of the Company's  common stock,  initially at a
conversion price of $0.60 per share, subject to adjustment.

     Events of Default  under the Notes  include,  but are not  limited  to, the
following:

     o    any  default in the  payment of the  principal  amount of the Notes or
          interest, late fees, liquidated damages and other amounts owing to the
          Note Holders;

     o    any  representation  or  warranty  made  in the  Notes  or  any  other
          documents relating to the Notes (the "Transaction  Documents") becomes
          untrue or incorrect in any material aspect;

     o    the  Company  fails to observe or perform any  covenant  or  agreement
          contained in the Notes or the Transaction Documents;

     o    the  Company's  common  stock is not eligible for listing or quotation
          for  trading on a trading  market and will not be  eligible  to resume
          listing or quotation for trading within 10 trading days;

     o    the Company  fails for any  reason,  except if caused by the action or
          inaction of a Note Holder,  to deliver  certificates  to a Note Holder
          prior to the second trading day after a conversion notice is delivered
          to the Company.

     If an Event of Default  occurs,  the  outstanding  principal  amount of the
Notes,  plus accrued but unpaid interest,  liquidated  damages and other amounts
owing with  respect to the Notes will  become,  at the Note  holders'  election,
immediately  due and  payable  in  cash at the  Mandatory  Default  Amount.  The
Mandatory Default Amount is the sum of 130% of the outstanding  principal amount
of the Notes plus accrued and unpaid interest, including default interest of 18%
per year, and all other amounts,  costs,  expenses and liquidated damages due in
respect of the Notes.

     The Note holders  also  received  warrants  which allow the Note holders to
purchase up to 476,666  shares of the Company's  common stock.  The warrants are
initially exercisable at a price of $0.75 per share, subject to adjustment,  and
expire on December 12, 2021.


                                       2
<PAGE>


     The Placement Agent for the offering  received cash compensation of $20,800
and warrants to purchase  95,333  shares of the Company's  common  stock,  at an
initial  exercise  price of $0.75  per  share,  subject  to  adjustment  ("Agent
Warrants").  The Agent Warrants may be exercised on a "cashless"  basis and will
expire on December 12, 2023.

     The Company  relied upon the exemption  provided by Section  4(a)(2) of the
Securities Act of 1933 and Rule 506(b) of the Securities and Exchange Commission
in  connection  with sale of the notes and  warrants.  The persons who  acquired
these securities were accredited and  sophisticated  investors and were provided
full  information  regarding  the  Company's  operations.  There was no  general
solicitation  in  connection  with the  offer or sale of these  securities.  The
persons who acquired the  securities  acquired them for their own accounts.  The
certificates representing the securities bear a restricted legend providing that
they cannot be sold except pursuant to an effective registration statement or an
exemption from registration.

     The foregoing  description is qualified in its entirety by reference to the
full text of the Securities Purchase  Agreement,  the Senior Secured Convertible
Note,  the  Warrant,  the  Security  Agreement,  the  Pledge  Agreement  and the
Subsidiary Guarantee,  which have been filed as Exhibits 10.1, 10.2, 10.3, 10.4,
10.5 and 10.6,  respectively,  to a Current  Report on Form 8-K,  filed with the
Securities and Exchange  Commission on November 15, 2018 and are incorporated in
this Form 8-K by reference.

Item 3.02.  Unregistered Sales of Equity Securities.

      See Item 2.03 of this report.

Item 9.01   Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
No.       Exhibit
-------   -------

10.1      Form of Securities Purchase Agreement (1)
10.2      Form of Senior Secured Convertible Note (1)
10.3      Form of Warrant (1)
10.4      Form of Security Agreement (1)
10.5      Form of Pledge Agreement (1)
10.6      Form of Subsidiary Guarantee (1)

(1)   Incorporated by reference to the same exhibit filed with the Company's 8-K
      report filed with the Securities and Exchange Commission on November 15,
      2018.


                                       3
<PAGE>


                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


Date:  December 13, 2018            ESPORTS ENTERTAINMENT GROUP, INC.


                                    By: /s/ Grant Johnson
                                        ---------------------
                                        Grant Johnson
                                        Principal Executive Officer





















                                       4
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{"company-data": {"conformed-name": "ESPORTS ENTERTAINMENT GROUP, INC.", "cik": "0001451448", "assigned-sic": "7900", "irs-number": "263062752", "state-of-incorporation": "NV", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-55954", "film-number": "181234962"}, "business-address": {"street1": "155 JOLLY HARBOUR", "street2": "UNITS 13/14", "city": "ST MARY'S", "state": "B9", "zip": "00000", "phone": "268-562-9111"}, "mail-address": {"street1": "155 JOLLY HARBOUR", "street2": "UNITS 13/14", "city": "ST MARY'S", "state": "B9", "zip": "00000"}, "former-company": [{"former-conformed-name": "VGambling Inc.", "date-changed": "20150402"}, {"former-conformed-name": "VGambling, Inc.", "date-changed": "20140815"}, {"former-conformed-name": "DK Sinopharma, Inc.", "date-changed": "20100615"}]}
UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (date of earliest event reported): December 12, 2018

                        ESPORTS ENTERTAINMENT GROUP, INC.
                        ---------------------------------
                 (Name of Small Business Issuer in its charter)

       Nevada                      000-55954             26-3062752
  ------------------           -----------------        --------------
  (State of incorporation)    (Commission File No.)       (IRS Employer
                                                        Identification No.)

                        Commercial Centre, Jolly Harbour
                         St. Mary's, Antigua and Barbuda
                     ---------------------------------------
                    (Address of principal executive offices)

      Registrant's telephone number, including area code: (905) 580-2978

                 ----------------------------------------------
          (Former name or former address if changed since last report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously satisfy the filing obligations of the registrant under any of the
following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b)

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-14c))

Indicate by check mark whether the  registrant is an emerging  growth company as
defined in Rule 405 of the Securities  Act of 1933  (ss.203.405 of this chapter)
or Rule  12b-2 of the  Securities  Exchange  Act of 1934  (ss.204.12b-2  of this
chapter.

Emerging growth company [ ]

If an emerging  growth  company,  indicate by check mark if the  registrant  has
elected not to use the extended  transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the
Exchange Act. [ ]
Item 1.01.    Entry Into a Material Definitive Agreement.

      See Item 2.03 of this report.

Item 2.03.   Creation of a Direct Financial Obligation or an Obligation under an
             Off-Balance Sheet Arrangement of a Registrant.

     On December 12, 2018 the Company sold senior secured convertible promissory
notes in the principal amount of $286,000 to two private investors.  The Company
received gross  proceeds of $260,000 from the sale of the Notes,  after original
issue  discounts  of  $26,000.  The Notes bear  interest  at 5% per year and are
secured by all of the  Company's  assets.  The Notes mature on December 12, 2019
and are convertible  into shares of the Company's  common stock,  initially at a
conversion price of $0.60 per share, subject to adjustment.

     Events of Default  under the Notes  include,  but are not  limited  to, the
following:

     o    any  default in the  payment of the  principal  amount of the Notes or
          interest, late fees, liquidated damages and other amounts owing to the
          Note Holders;

     o    any  representation  or  warranty  made  in the  Notes  or  any  other
          documents relating to the Notes (the "Transaction  Documents") becomes
          untrue or incorrect in any material aspect;

     o    the  Company  fails to observe or perform any  covenant  or  agreement
          contained in the Notes or the Transaction Documents;

     o    the  Company's  common  stock is not eligible for listing or quotation
          for  trading on a trading  market and will not be  eligible  to resume
          listing or quotation for trading within 10 trading days;

     o    the Company  fails for any  reason,  except if caused by the action or
          inaction of a Note Holder,  to deliver  certificates  to a Note Holder
          prior to the second trading day after a conversion notice is delivered
          to the Company.

     If an Event of Default  occurs,  the  outstanding  principal  amount of the
Notes,  plus accrued but unpaid interest,  liquidated  damages and other amounts
owing with  respect to the Notes will  become,  at the Note  holders'  election,
immediately  due and  payable  in  cash at the  Mandatory  Default  Amount.  The
Mandatory Default Amount is the sum of 130% of the outstanding  principal amount
of the Notes plus accrued and unpaid interest, including default interest of 18%
per year, and all other amounts,  costs,  expenses and liquidated damages due in
respect of the Notes.

     The Note holders  also  received  warrants  which allow the Note holders to
purchase up to 476,666  shares of the Company's  common stock.  The warrants are
initially exercisable at a price of $0.75 per share, subject to adjustment,  and
expire on December 12, 2021.

                                       2
The Placement Agent for the offering  received cash compensation of $20,800
and warrants to purchase  95,333  shares of the Company's  common  stock,  at an
initial  exercise  price of $0.75  per  share,  subject  to  adjustment  ("Agent
Warrants").  The Agent Warrants may be exercised on a "cashless"  basis and will
expire on December 12, 2023.

     The Company  relied upon the exemption  provided by Section  4(a)(2) of the
Securities Act of 1933 and Rule 506(b) of the Securities and Exchange Commission
in  connection  with sale of the notes and  warrants.  The persons who  acquired
these securities were accredited and  sophisticated  investors and were provided
full  information  regarding  the  Company's  operations.  There was no  general
solicitation  in  connection  with the  offer or sale of these  securities.  The
persons who acquired the  securities  acquired them for their own accounts.  The
certificates representing the securities bear a restricted legend providing that
they cannot be sold except pursuant to an effective registration statement or an
exemption from registration.

     The foregoing  description is qualified in its entirety by reference to the
full text of the Securities Purchase  Agreement,  the Senior Secured Convertible
Note,  the  Warrant,  the  Security  Agreement,  the  Pledge  Agreement  and the
Subsidiary Guarantee,  which have been filed as Exhibits 10.1, 10.2, 10.3, 10.4,
10.5 and 10.6,  respectively,  to a Current  Report on Form 8-K,  filed with the
Securities and Exchange  Commission on November 15, 2018 and are incorporated in
this Form 8-K by reference.

Item 3.02.  Unregistered Sales of Equity Securities.

      See Item 2.03 of this report.

Item 9.01   Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
No.       Exhibit
-------   -------

10.1      Form of Securities Purchase Agreement (1)
10.2      Form of Senior Secured Convertible Note (1)
10.3      Form of Warrant (1)
10.4      Form of Security Agreement (1)
10.5      Form of Pledge Agreement (1)
10.6      Form of Subsidiary Guarantee (1)

(1)   Incorporated by reference to the same exhibit filed with the Company's 8-K
      report filed with the Securities and Exchange Commission on November 15,
      2018.

                                       3
SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Date:  December 13, 2018            ESPORTS ENTERTAINMENT GROUP, INC.

                                    By: /s/ Grant Johnson
                                        ---------------------
                                        Grant Johnson
                                        Principal Executive Officer

                                       4