Posts From: September 2022

MGM shareholders approve $607m LeoVegas takeover

MGM Casino Next Lion, LLC, a wholly owned indirect subsidiary of MGM Resorts International, announced a recommended public offer to the shareholders of LeoVegas AB to tender all shares in...

Finance News
IGT completes €700m sale of Italian payments business

International Game Technology announced that its wholly owned subsidiary IGT Lottery S.p.A. has completed the sale of its Italian proximity payment business to PostePay S.p.A. – Patrimonio Destinato IMEL for €700...

Finance News
Flutter Entertainment potential upside indicated by Barclays

Flutter Entertainment operator of Betfiar and Paddy Power has been given a £138 ($166.75) target price by Barclays in a report released on Thursday, Borsen Zeitung reports.  Barclays’s price objective indicates a potential upside of...

Finance News
TonyBet invests £1.5m to pursue Latvian market

The international on-line gaming company TonyBet has entered the Latvian market, having invested 1.5 million euros to start operations and created a new, modern internet platform tonybet.lv. TonyBet will differentiate...

Finance News
Kindred Group aims for GBP 1.6 billion in revenue

At today’s Capital Markets Day in London, UK, Kindred Group’s CEO Henrik Tjärnström and CFO Johan Wilsby, joined by members of the executive management team and senior managers, will provide...

Finance News
Kahn Swick & Foti, LLC Investigates SharpLink acquisition

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of SportsHub Games Network, Inc....

Finance News
SharpLink Gaming agrees deal to acquire fantasy sports operator SportsHub

SharpLink Gaming a pioneer of targeted, data-driven user engagement and conversion solutions for the U.S. sports betting and iGaming industries, today announced that it has entered into an Agreement and...

Finance News
Danske Spil posts flat half-year revenue of DKK2.35bn 

Danske Spil’s half-year accounts are at the level of 2021. A stagnant market with low consumer confidence and the introduction of new responsibility measures negatively affects revenue, while the merger...

Finance News
ASX set to raise €750,000 on the Spark Crowdfunding platform

Fantasy sports start-up ASX Sports has today launched a new €750,000 funding campaign. Paddy Power, the former head of communications at Paddy Power Betfair – now Flutter Entertainment – set...

Finance News
LiveScore Group nets £50m investment from Ringier 

LiveScore Group and Ringier AG have today announced a landmark strategic partnership, with the Swiss-based media and technology company making a substantial investment in LiveScore Group’s rapidly growing sports media and...

Finance News