Tag Archives: TSX

Nuvei agrees final terms on $6.4bn sale to Advent PE

SBC News Nuvei agrees final terms on $6.4bn sale to Advent PE

Three weeks after the firm confirmed it had received interest from prospective buyers, Nuvei has been purchased by private equity group Advent International. The Montreal-based payments solutions provider will be purchased by Advent for US$34 per share, putting the total valuation of the company at $6.3bn. Philip Fayer will retain his position as Chairman and CEO of the group, as well as holding …

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Better Collective acquires Playmaker Capital for €176m to build Americas empire

SBC News Better Collective acquires Playmaker Capital for €176m to build Americas empire

Better Collective A/S has struck definitive terms to acquire Toronto TSX-listed Playmaker Capital for a total consideration of €176m. Executing its second-largest M&A transaction, Better Collective will expand its media network across North and South America, taking control of Playmaker’s extensive coverage of sports portals including FutbolSites, Yardbarker, and The Nation Network. Of distinction, Playmaker’s media portfolio attracts over “200 …

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FansUnite targets record breaking 2023 for McBookie

SBC News FansUnite targets record breaking 2023 for McBookie

FansUnite Entertainment Inc has lauded the performance of its wholly-owned B2C white-label property McBookie (McBookie.com).  2022, FansUnite’s flagship UK brand achieved a turnover of £45m, up 22% on corresponding year results of £36.6m. Peak wagering was attributed to McBookie generating a 26% increase in sportsbook turnover to £16.5m (FY2021: £13m), combined with an improved online casino turnover of £28.4m (+20%).   …

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LuckBox appoints growth expert Bo Wänghammar as a corporate advisor

SBC News LuckBox appoints growth expert Bo Wänghammar as a corporate advisor

Real Luck Group, the managing company of esports wagering platform LuckBox, has confirmed the appointment of Bo Wänghammar as a Non-Executive Director of its board.  An expert in online gambling enterprise strategies, Wänghammar is the former Director of International Projects and MD of Casino for PokerStars (2017-to-2019) prior to the business transformative $6billion merger with Flutter Entertainment. Prior to PokerStars, …

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Nuvei US IPO secures $370m underwriting commitment

SBC News Nuvei US IPO secures $370m underwriting commitment

 Nuvei Corporation has upsized the offer of its US public listing to 3 million subordinate shares, that will be traded on the Global Nasdaq Exchange. On 4 October, the Montreal-based global payments group intended to place 1.5 million subordinated shares as its opening offer on the Nasdaq Exchange, filing its US IPO under the ticker ‘NVEI’.   However, prior to its …

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Luckbox appoints Ran Kaspi as CFO to drive next phase of growth 

SBC News Luckbox appoints Ran Kaspi as CFO to drive next phase of growth 

Luckbox has strengthened its executive leadership team by appointing Ran Kaspi as new Chief Financial Officer (CFO).  Kaspi has joined Luckbox from drone safety systems provider ParaZero Ltd, where he formerly served as financial lead of the ASX-listed company. The executive has prior industry experience having led the ‘economic and performance team’ of 888 Holdings during his five-year tenure with …

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Luckbox appoints Lachlan Thomson to lead new marketing drive

SBC News Luckbox appoints Lachlan Thomson to lead new marketing drive

Luckbox has confirmed the appointment of Lachlan Thomson at its new Head of Performance Marketing, leading the esports wagering platform’s planned aggressive marketing drive.  An expert in sports betting and esports disciplines, Thomson is the former Head of Brand Communications for Seattle-based esports entertainment group Unikrn (2018-2020). Taking control of Luckbox’s player acquisition verticals, Thomson will be a key stakeholder …

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Luckbox gears up for Toronto IPO

SBC News Luckbox gears up for Toronto IPO

Esports bookmaker Luckbox is ‘accelerating plans’ to list its business on the TSX Venture Exchange – Toronto’s marketplace for small-to-mid sized fast-growth enterprises. Luckbox management reveals that during May it recruited TSX fund and ‘capital pool’ advisor Elephant Hill Capital to act as lead agent planning the firm’s IPO route. Elephant Hill has published a prospectus on Luckbox, in which …

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PokerStars decline see The Stars Group reduce IoM headcount

SBC News PokerStars decline see The Stars Group reduce IoM headcount

The governance of Toronto TSX-listed The Stars Group Inc has confirmed that it will reduce employee headcount within its Isle of Man office, restructuring its flagship PokerStars online gambling division. Stars Group governance has chosen not to disclose specific figures with regards to staff being made redundant from its Isle of Man offices, which have served as the company’s operational …

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New look Stars Group shows first glimpse of its enlarged capacity

SBC News New look Stars Group shows first glimpse of its enlarged capacity

Toronto TSX-listed The Stars Group Inc has published its first trading update as an enlarged enterprise, incorporating the acquired assets of Sky Betting & Gaming (Sky Bet) and BetEasy Australia. Closing a group-wide transformative period, the Stars Group announces Q3 2018 (period ending 30 September) group revenues totalling $570 million (Q3 2017: $330m).   The Toronto enterprise displays its enlarged …

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