Tag Archives: NYSE

Genius Sports refreshes brand identity to reflect NYSE future

Genius Sports Group has this afternoon unveiled its new corporate brand and identity, as the company prepares for its imminent listing on the New York Stock Exchange (NYSE).  Updating its global partners, Genius disclosed that its entire sports tech portfolio and data assets had been consolidated under the single identity of ‘Genius Sports’.   The move reflects the ‘rapid convergence’ of …

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Paysafe completes Foley Trasimene merger listing on NYSE

Paysafe Group begins a ‘new era’ as the digital payment services provider floats on the New York Stock Exchange (NYSE) following its combination with SPAC vehicle Foley Trasimene Acquisition II Corp. Led by US financial services magnet, William Foley II Foley Trasimene had made its initial approach to take Paysfe public last December, targeting a $9 billion valuation.  March proceedings …

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Genius appoints media guru David Levy as company chairman  

Genius Sports has confirmed the appointment of David Levy as new company Chairman, as the company moves to imminently list on the New York Stock Exchange (NYSE). A figurehead in US sports and entertainment, Levy is the former President of Turner Broadcasting, credited with radically diversifying the news broadcaster’s media portfolio. During his 30-year executive tenure at Turner, Levy played …

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IGT lottery growth wiped-out by COVID wrecked global gaming unit

IGT Plc states that it has achieved strategic progress on key corporate directives, assisting with the technology group’s performance recovery once stable trading re-emerges.  Publishing its full-year 2020 results, IGT has recorded corporate revenues of $3.1 billion, down 23% on corresponding FY2019’s results of $4 billion. Mirroring industry competitors, the NYSE-listed gambling technology group underlines significant COVID-19 headwinds impacting its …

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Caliente upgrade sees Genius Sports secure ‘another Mexican win’

Genius Sports has significantly advanced its LatAm market footprint, as Mexico’s Grupo Caliente expands its existing partnership with the sports tech firm to cover all wagering disciplines. Recognised as Mexico’s biggest gambling group, Caliente has agreed for Genius Sports’ Betgenius division to serve as lead provider of all sportsbook management provisions for its flagship Caliente.mx brand.  Caliente has, therefore, upgraded …

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Genius Sports files IPO statement with SEC

Genius Sports Group has filed a ‘registration statement’ informing the US Securities and Exchange Commission (SEC) of its intention to merge with special purpose acquisition company (SPAC) ‘dMY Technology Group II’ (dMY II). The SEC filing has been registered by the newly created holding company of ‘Galileo NewCo Ltd’ (NewCo) and confirms the merger approval by both Genius and dMY …

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500.com growth not matching the market

500.com Ltd, the NYSE-listed online sports-lottery operator in China, has reported a 44% drop in operating profit and warning that ticket purchases may decline further this quarter. Founder, Chairman and Chief Executive Officer Man San Law commented: “We finished the year on a strong note with net revenues increasing 52.1% year-over-year. Total purchase amount during the quarter increased 63.7% from …

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500.com File For US IPO

Chinese digital lottery and sports betting operator 500.com has filed for a $150m initial public offering. The Chinese operator has yet to declare how many US depositary shares it is willing to to offer in its initial filing. 500.com has applied to list on the New York Stock Exchange under the symbol WBAI. Deutsche Bank AG is managing the offering. …

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