Tag Archives: Thomas Hearne

Entain has secured yet another inroad on its M&A crusade, as Tidal Gaming Group has announced that the sale of its Sportsflare subsidiary to the global gambling company has been completed. The acquisition – described by Entain at the time as ‘arms length’ – was first announced in March 2023 at a purchasing price of $13.25m for all assets of …

Entain has agreed terms to its latest M&A agreement, purchasing Tidal Holdings’ Sportsflare subsidiary, an esports betting development company. A CSE-listed enterprise, Tidal will sell all issued and outstanding shares in Sportsflare – the operating name of its Tidal Gaming NZ holding – to Entain for a total consideration of $13.25m. However, the duo have asserted that the transaction has …

London-listed racing and wagering systems supplier Sportech Plc has published its full-year 2018 results, detailing a year of corporate adjustments as the company continues to pursue its US growth prospects. Updating the market, Sportech records a 4% decline in corporate revenues to £64 million (FY2017: £66 million) having detailed last November that expected sales contracts did not materialise. Despite its …

The governance of London-listed betting and racing systems provider, Sportech Plc, has detailed that it will prioritise expanding its US commercial pipeline and stateside projects as the firm’s principal objectives for 2018 trading. Updating investors at Sportech’s Annual General Meeting (AGM), Group Chief Executive Andrew Gaughan detailed 2018 corporate priorities. Having an established presence within 37 US states, Sportech governance …