Allwyn Entertainment has cited growth across all core markets as it finalises terms for a transformative SPAC merger with Cohn Robbins Holdings (CRHC) that will see the business list as the biggest lottery incumbent of the NYSE. Publishing its consolidated H1 Interim trading report, Allwyn (formerly SAZKA Group) registered first-half 2022 gross gaming revenues of €1.77bn. The outcome reflected a …
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Checkd Media Group has expanded into Canada’s new online gambling marketplace, as its FlashPicks portal is accredited an affiliate licence by AGCO – The Alcohol and Gaming Commission of Ontario. Securing its Ontario licence, Checkd announced that it had achieved a primary 2022 objective of launching FlashPicks in Canada ahead of the start of the new NFL season. AGCO has …
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The US’ NBA and National Basketball Players Association (NBPA) have announced a partnership with blockchain-based fantasy sports platform Sorare. As the Official NFT Fantasy Partner of the NBA under the terms of the multi-year partnership, Sorare will develop a free-to-play digital collectible-based fantasy basketball game for the league. The Sorare: NBA product will be launched this winter ahead of the …
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Pushing the benchmark for quality: Kambi and Shape outline international ambitions Yesterday, Kambi undertook a transformative expansion of its front-end capabilities, as the sportsbook technology supplier finalsisd an initial €36.5m acquisition of Shape Games, pursuing a strategic upgrade of its existing capabilities. Sitting down with SBC News following the takeover, Kambi CEO and Co-Founder Kristian Nylén was joined by Shape …
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The board of PlayAGS has alerted the New York Stock Exchange (NYSE) that it will no longer proceed with deal negotiations to be acquired by Inspired Entertainment Inc. On 12 August, PlayAGS disclosed that it had entered negotiations with Inspired, who had proposed a $10 cash per share offer to acquire the Las Vegas-based games developer and gambling machine components …
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FSB has been “unanimously recommended” for a Nevada licence by the state’s Gaming Control Board, marking a “significant step forward” in the sports betting and igaming service provider’s commercial strategy. If awarded a Manufacturers and Information Service Provider licence, FSB will be able to supply both its wagering and icasino services across the Silver State. FSB explained that the provision …
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IGT Plc has announced to markets that it has launched a new tender offer to ‘purchase for cash’ $500m of its outstanding $1.1bn senior secured $ notes due for 2025. Terms of the tender offer have been further applied to the NYSE technology group’s outstanding €uro debt notes of €500m due for 2024. The tender offer was announced on 2 …
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Corporate social responsibility is a core focus for Parimatch Tech, a principle which has become even more apparent in the wake of the war in Ukraine. That was a key message from Katerina Biloruska, Parimatch Tech Co-Founder and Chairwoman of the Parimatch Foundation. In the lead interview for Issue 22 of the SBC Leaders Magazine, Biloruska walks us through her …
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PPF Group, which currently owns approximately four million shares of Cohn Robbins Holdings (CRHC), has agreed to purchase an additional 26 million Allwyn shares. This follows news earlier this month that the proposed merger between Cohn Robbins Holdings and Allwyn was progressing well, after the latter’s registration statement was declared effective by the US Securities and Exchange Commission (SEC). PPF Group has now moved to acquire Allwyn shares at …
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Stoke-based operator bet365 has strengthened its footprint in the North American market after entering its second US state, Colorado. Having signed a 10-year agreement with Century Casinos, bettors across the Centennial State will gain access to “thousands of betting events and hundreds of in-play markets” via the bet365 site. In addition, punters will also benefit from early payout offers, parlay …
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