Tag Archives: Robeson Reeves

Bally’s accepts terms for Standard General takeover

SBC News Bally's accepts terms for Standard General takeover

  The board of Bally’s Corporation has notified investors that it has reached definitive terms for the NYSE gambling group to be acquired by Standard General LP. As announced, Bally’s board has endorsed an $18.25 cash per share offer proposed by Standard General LP, the New York private equity fund and Bally’s biggest investor, maintaining circa 26% of the firm’s …

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Bally’s confident that Gamesys can grow through British storm

Bally’s confident that Gamesys can grow through British storm

Bally’s Corporation stands by the long-term prospects of its igaming unit of Gamesys Group, navigating the transformative headwinds of the UK market under regulatory review.  The heritage US gambling operator purchased Gamesys back in October 2021, when the UK government was around halfway through the review of the 2005 Gambling Act, seeking to upgrade the nation’s betting regulatory framework to …

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Kambi enables Bally’s to ‘rapidly expand’ online and retail sportsbook

SBC News Kambi enables Bally’s to ‘rapidly expand’ online and retail sportsbook

Kambi has announced a sportsbook partnership with US casino and entertainment company Bally’s Corporation. The long-term deal sees the sports betting platform provider enhance Bally’s online and retail sportsbooks via the provision of its solution to deliver online and retail sports betting entertainment to Bally’s customer base. Kristian Nylén, Kambi CEO and Co-Founder, stated: “We are pleased to enter into …

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JPJ transitions to Gamesys Group Plc

SBC News JPJ transitions to Gamesys Group Plc

The governance of JPJ Group declares a ‘new era’ for the company, as it completes its £490 million takeover of long-term technology partner Gamesys (transaction first announced 13 June). Completing its enlargement, JPJ Group changes its corporate identity to ‘Gamesys Group Plc’, trading on the London Stock Exchange under the new ticker of ‘GYS’ as of this morning. As previously …

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Gamesys – Noel Hayden steps down as Lee Fenton takes over as CEO

SBC News Gamesys - Noel Hayden steps down as Lee Fenton takes over as CEO

Following its + £420 million acquisition by Canada’s Intertain Group, igaming operator Gamesys has undertaken an executive team restructure which will see Founder and CEO Noel Hayden become Executive Chairman of Gamesys Group. Gamesys’ CEO position will be filled by Chief Operating Officer (COO) Lee Fenton with immediate effect. The COO positon is set to be filled by Director of …

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