Tag Archives: NYSE

Genius Sports unveils Edge as game changer for sportsbook’s risk-&-rewards

SBC News Genius Sports unveils Edge as game changer for sportsbook’s risk-&-rewards

Genius Sports claims that it has delivered the most accurate automated pricing tool for sportsbooks with the unveiling of its new ‘Edge‘ pricing solution. A key product launch for 2024, Genius Sports brands Edge as “a first-of-its-kind automated pricing tool that enables sportsbooks to maximize profits across unlimited sports events and bets concurrently.” Edge utilizes Genius Sports’ wider capabilities in …

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Flutter to shift primary location from LSE to NYSE by end of 2024

SBC News Flutter to shift primary location from LSE to NYSE by end of 2024

Flutter Entertainment Plc will proceed with plans to make the New York Stock Exchange (NYSE) the primary location of its corporate shareholding. This morning, Flutter leadership rang the NYSE trading bell, beginning the firm’s dual-listing on the US exchange, as approved by investors. Flutter shares will be listed on the New York exchange under the ticker symbol FLUT, alongside the …

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Flutter NYSE listing sets a new benchmark for gambling PLC valuations

SBC News Flutter NYSE listing sets a new benchmark for gambling PLC valuations

The City expects Flutter’s NYSE listing to have an impact on the corporate valuation disciplines of gambling PLCs… But nothing can stop the industry’s M&A momentum. The frantic movements of gambling PLCs have dominated industry headlines in the early proceedings of 2024. On the European front, despite no regulatory resolutions being settled in the past year, gambling PLCs continue their …

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Flutter ends listing on Dublin Euronext 

flutter

As of this morning (24 January 2024), Flutter Entertainment Plc has declared that it has ceased trading of its ordinary shares on the Dublin Euronext Exchange. On Tuesday, 23 January, Flutter concluded its final day of trading on the Dublin Euronext, as the global gambling group prepares to list on the New York Stock Exchange (NYSE) on Monday, 29 January. …

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Flutter flexes US and UK muscles ahead of NYSE listing

Flutter Entertainment Peter Jackson

Flutter Entertainment Plc has consolidated its leadership positions in the UK and US markets ahead of its NYSE listing date on Monday 29 January. Publishing its pre-close trading statement for 2023 trading, the soon to be FTSE & NYSE gambling group reported Q4 revenue growth of 11% to £2.67bn. On a year-on-year basis, Flutter’s FY2023 revenues stand at £9.51bn, up …

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IGT to switch auditing chiefs as Tim Rishton ends 29-year tenure

SBC News IGT to switch auditing chiefs as Tim Rishton ends 29-year tenure

IGT Plc has announced the forthcoming retirement of Senior Vice President and Chief Accounting Officer (CAO) Tim Rishton. Rishton, who joined IGT in 1995 as a Cost Accounting Manager, will retire from executive duties at the end of 2024, completing 29 years of service for the NYSE technology group. IGT confirmed that Rishton will be succeeded by David Morgan, who …

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Genius Sports: Driving dynamic, automated liability-based odds adjustments at scale

SBC News Genius Sports: Driving dynamic, automated liability-based odds adjustments at scale

Thomas Holland, Product Director at Genius Sports, talks about betbuilders, risk management, and how innovations are driving change in sportsbooks in an exclusive interview with SBC News.   SBC: Managing liabilities has become complex, with products like betbuilder creating exposure across millions of outcomes. How do you effectively manage risk in today’s world? Thomas Holland: Managing liabilities has always been complex, …

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Flutter names the date for NYSE listing

Flutter names the date for NYSE listing

Flutter Entertainment has today confirmed that it is working towards 29 January 2024 as the effective date for its New York Stock Exchange (NYSE) listing.   The Paddy Power owner had for some time mooted the idea of a secondary listing in the US to reflect the growing importance of the market to the business, and announced in November that it …

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Genius Sports empowers sports marketing compliance with FanHub ID

SBC News Genius Sports empowers sports marketing compliance with FanHub ID

Genius Sports has made its latest move in the sports fan engagement space by launching a privacy-compliant identification solution, FanHub ID. The product utilities online and offline data signals and AI technology to create fan-based profiles. The target market for the product are marketers and content owners, who Genius states can use FanHub ID to ‘reach and measure’ sports audiences ‘at scale’. …

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Super Group ascends into Russell 2000 index

Super Group

Super Group (SGHC), the parent company of Betway and Spin brands has reached a ‘corporate milestone’ having been accepted in the Russell 2000® Index. The achievement follows less than a year-and-half since Super Group public listing on the New York Stock Exchange (NYSE). Furthermore, the inclusion will also enlist Super Group in the broader Russell 3000® Index, regarded as the …

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