Posts From: March 2021

Tabcorp explores sale amid pressure from board

Tabcorp Holdings said it would begin a review of its businesses, after it found that proposals it recently received for its struggling wagering and media business did not offer sufficient...

Finance News
EY report shows betting and gaming’s contribution to UK economy

The latest study by EY, which was commissioned by the Betting and Gaming Council, also shows that their members contributed £7.7bn in gross value added to the UK economy in...

Finance News
GAN revenues rise 73% despite loss

GAN recorded a $20.2 loss in 2020 due to an increase in expenses. Annual gross revenue increased by 73% to $545 million. Real money Internet gaming up 6% to $25.6 million in 2020, or 28% excluding...

Finance News
LeoVegas invest 1.1m in tech startup SharedPlay

LeoVegas, through LeoVentures, is investing EUR 1.1 m for 25% of the shares in SharedPlay with an option to increase its ownership in the future in accordance with predefined conditions....

Finance News
LeoVegas lists shares on US exchange OTCQX

LeoVegas’ shares will now be available for trading in USD on OTCQX Markets in the USA. This is a way for the company to meet the steadily growing interest from...

Finance News
SpringOwl and Playtech invest in GameCo

GameCo, the pioneer producer of next-generation casino games designed to attract and monetize new and differentiated customers, today announced a new round of financing and strategic investment. The round was...

Finance News
Blackstone and Atairos invest in GeoComply

GeoComply has reached a definitive agreement for minority investments led by funds managed by Blackstone Growthand from Atairos. The partnership which represents the first commitment of institutional capital to the...

Finance News
Jumio raises $150 million from Great Hill Partners

Great Hill Partners is investing $150 million in Jumio, the once highflying fintech that Facebook co-founder Eduardo Saverin backed years ago. The investment will accelerate Jumio’s significant global lead in...

Finance News
888 reports surging betting revenues

888 Holdings posted higher annual adjusted core earnings on Thursday and signalled strong momentum in 2021 so far, as more people shifted to online betting during the pandemic. Pre-tax profit...

Finance News
Flutter reportedly seeking advisers for possible FanDuel IPO

Flutter said on Saturday it is considering a stock market listing of its U.S. FanDuel business. It was making the disclosure in response to media speculation about a possible FanDuel...

Finance News