Tag Archives: NASDAQ

Sportradar positive of year outlook despite mounting operational costs

Sportradar AG has outlined confidence in achieving its full-year 2022 commercial and US growth objectives following a ‘fast start to year trading’.  Publishing its Q1 trading results (period ending 31 March), the Global Nasdaq-listed sportstech firm registered group revenues of €168m up 31% on corresponding 2021 results of €128m. Period trading saw Sportradar register double-digit revenue growth across its core …

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Light & Wonder offloads SGC lottery unit to Brookfield Partners for $5.8bn

Newly established, Light & Wonder the new business entity of Scientific Games Corporation (SGC) has accomplished a major corporate objective by completing the sale of its global lottery unit to private investment fund Brookfield Business Partners for $5.8 billion. Terms on a deal have been finalised, following negotiations between Light & Wonder and Brookfield Partners that began in October 2021. …

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Novibet greenlights Artemis SPAC merger to move beyond European shores  

Novibet has declared its intentions to merge with Nasdaq-listed SPAC Artemis Strategic Investment Corporation (Artemis), to pursue new growth opportunities across Europe and the Americas. The Greek market and Pan-European betting group will pursue a merger with Artemis that will lead to Novibet’s intended listing on the Global Nasdaq Exchange, based on a “pre-transaction valuation of $625 million”. Should the …

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Sportradar bolsters US muscle to match Nasdaq vision

Sportradar finished its first year and first full quarter as a US Nasdaq listed company citing a strong commercial performance, capitalising the growth of the US sports betting industry. Updating investors in its Q4 and full-year 2021 trading report, the sports data and technology group revealed that its total revenue for the full year stood at €561.2 million, an increase …

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Brandt Iden: Sportradar – “US states taking a new approach to mobile wagering”

Brandt Iden, Head of Government Affairs at Sportradar, shares his views on how states that originally legalized sports betting at the retail level only are now starting to reverse course to include mobile/online wagering. It’s a trend he expects to continue as more numbers point to the dominance of mobile/online wagering in the US market… SBC: We’re starting to see …

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Year in Review Part Three – Firms look to Nasdaq whilst William Hill auction comes to a close

The third quarter of 2021 saw further regulatory developments across Europe, and one of the year’s biggest M&A saga’s concluded as 888 Holdings finalised the terms of its William Hill acquisition.  Sportradar, the Swiss sports data and technology company, successfully completed its public listing on the US Nasdaq stock exchange in September, with some assistance from basketball legend Michael Jordan. …

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Recapitalised Gambling.com outlines fresh US and Euro prospects 

Completing its first full trading quarter as a Global Nasdaq enterprise, Gambling.com Group has recorded Q3 group revenues of $10.1 million, up 37% on corresponding 2020 results of $7.4 million.  Though registering a 4% decline in new depositing customers (NDCs) to 27,000, revenue performance was optimised by the “improved monetisation of customers through new technologies improving its product mix and …

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Sportradar fires US warning shots following blockbuster Nasdaq debut  

Sportradar AG has underlined its position as the world’s leading sports tech and data group, having published its inaugural results as a Global Nasdaq enterprise.    The Swiss group, which made its listing debut last September after securing a target valuation of $8 billion, registered Q3 revenues of €137 million – up 30% on the €105 million from Q3 2020. Global …

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Codere Online elects board nominations ahead of full divestment 

DD3 Acquisition Corp, the SPAC vehicle that intends to merge with Codere Online to become the first Spanish language markets wagering business listed on the US Nasdaq, has disclosed the company’s first executive directorship appointments. Maintaining schedules, DD3 and Codere Online are expected to merge on Thursday 18 November – following the conclusion of a shareholders meeting to finalise the …

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Catena orders 10% buyback of Stockholm shares 

The board of Catena Media Plc has authorised the buyback of in excess of 7 million ordinary company shares, listed on the Stockholm Nasdaq exchange.  The order was granted as an outcome of an extraordinary general meeting (EGM) held on 14 July 2021, in which the board disclosed its plans to enhance the company’s “flexibility in distributing capital to shareholders …

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