Entain has confirmed media reports that prominent US sports wagering and fantasy sports operator DraftKings is interested in acquiring the company. A statement from the company’s board earlier today confirmed that a DraftKings proposal to acquire the FTSE100 firm had been received, and that such a takeover would include a combination of the former’s stock and cash. However, the group …
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Scientific Games Corporation (SGC) has moved to reinforce its commitment to responsible gaming across its business operations by recognising the American Gaming Association (AGA) Responsible Gaming Education Week (RGWE). Taking place between 19-25, the AGA RGEW will see SGC focus particularly on its Lottery Group’s Healthy Play programme, with which the Nasdaq-listed company aims to provide tools and education promoting …
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Bally’s Corporation has confirmed that its takeover of Gamesys Group will reach completion on 1 October, putting an end to the months-long acquisition process. The US sports betting and gaming conglomerate revealed that the M&A process had received regulatory approval from the UK Gambling Commission (UKGC), but added that approval was still required from US counterparts. A court hearing sanctioning …
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Shortly after successfully completing its IPO and listing on the Nasdaq Global Exchange, Sportradar has announced that early investor and former National Basketball Association (NBA) player Michael Jordan has joined its Board of Directors. Jordan will serve as a Special Advisor at the company, effective immediately, whilst also increasing his investment, with the providing ‘guidance and strategic counsel’ concerning the …
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Raketech Plc has agreed to acquire QM Media, finalising a deal valued at €16 million, to boost the sports media inventory of its publishing network. This afternoon, Raketech confirmed that it had agreed to acquire QM Media and its P&P Vegas North American subsidiary outright. Deal terms will see Raketech pay €9 million in cash upfront, with the remainder of …
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David Elmore has joined Gaming Innovation Group (GiG) as its VP Sales for North America, as the igaming provider seeks to capitalise on the US sports betting and gaming sector. The new hire’s primary role at GiG will be to contribute to and deliver the company’s North American commercial and sales strategy, placing its solutions and services at the forefront …
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Cited as 2021’s most audacious public listing, yesterday Sportradar grabbed global business headlines as company Founder and CEO Carsten Koerl rang the opening bell of the Nasdaq Exchange with Michael Jordan. Speaking to SBC from 6 Times Square, Sportradar’s Chief Commercial Officer, Ed Blonk, discussed the company’s ambitions as a Nasdaq enterprise and how generated funds will be spent to …
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Comtrade Gaming has made its first foray into the US market after striking a deal with G3 Esports to provide its iGaming platform, iCore, and backend technology. Once launched, G3’s new esports wagering product will leverage Comtrade’s enterprise-level services such as player account management, real-time bonusing, dynamic segmentation and real-time push messaging, as well as many more player engagement tools. …
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The US market has become the golden goose of the global sports betting industry, presenting itself as the ‘land of opportunity’ for those looking to expand their international footprint. Strategy expert Anton Kaszubowski – Founder and Managing Director at SBC Advisory Partners – takes a look at why the US market has become a ‘big name game’ and why mergers …
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Genius Sports has strengthened its leadership team as it seeks to expand its presence in international association football, appointing Ian Wray to oversee this growth strategy. In his new position, Wray will oversee the sports data and technology company’s partnerships with prominent football organisations, such as the English Premier League, Argentine Football Association (AFA) and Mexico’s Liga MX. The new …
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