In accordance with Toronto TSX market rules, Canadian digital technology group Breaking Data Corp (BDC) has confirmed that it will undertake a ‘private subscription placement’ seeking to raise capital funds of CAD $12 million (€8 million). Updating the market, BDC governance confirms the appointment of Toronto investment bank Eight Capital as sole book-runner for its upcoming transaction, which will offer …
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Winning Post – The complexities of the Asian market
Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Asia: growth and regulatory enforcement – yin and yang The Asian gambling environment is typically poorly understood by most Western stakeholders, yet its importance is growing, both directly and indirectly. This week …
Read More »Oryx Gaming set to acquired by Breaking Data Corp in €7.5m deal
GIVEMESPORT owners Breaking Data Corp has revealed plans to make a strategic manoeuvre into the betting and gaming world, via the strategic acquisition of Oryx Gaming for €7.5m. Renaming the firm Bragg Gaming Group upon completion, ex-NetPlay TV Chief Financial Officer Akshay Kumar is set to be brought in to occupy a similar role, as Breaking Data plans to leverage …
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