Business
January 9, 2021
Luckbox Hires Ran Kaspi as Chief Financial Officer
Ran Kaspi, formerly a part of the financial management at ParaZero Ltd, is going to be the new Chief Financial Officer of the esports betting company Luckbox. Luckbox Hires the Services of Ran Kaspi as CFO Luckbox, the esports betting company, has announced that Ran Kaspi is going to be its new Chief Financial Officer […]
Business
January 9, 2021
Playtika Launches IPO To Capitalize on Gaming Trend
Playtika Holding Corp launches IPO in an attempt to boost its valuation to $10 billion and capitalize on gaming trend Playtika Launches IPO Israeli gaming company Playtika Holding Corp has launched an initial public offering in the US to further boost its growth and capitalize on the growing demand for mobile gaming. The company is […]
Business
January 8, 2021
DraftKings Teamed with DRL to Offer Drone Races Betting
Sportsbook and technology provider DraftKings signed a deal with the Drone Racing League (DRL) today to become an Official Sports Betting Partner of the league and to make drone races the first aerial sporting event available for wagering. DRL Drone Racing Adds Extra Layer of Excitement The partnership comes just in time for DRL’s final […]
Business
January 8, 2021
MGM China Has No Plans for Company Restructuring
MGM China, following a statement from its parent company MGM Resorts in response to a letter sent by the Chinese subsidiary’s largest public shareholder Snow Lake Capital, released a statement of its own, claiming the company has no plans for ownership restructuring. Open Letter to MGM Resorts The letter from Snow Lake Capital which holds […]
Business
January 8, 2021
Jeffrey Yabuki Becomes Chairman of Sportradar Global Board
Jeffrey Yabuki is stepping in as chairman of Sportradar’s global board of directors and will support the company’s global restructuring and push towards more tailored integrity solutions. Yabuki Takes Lead in the Board Sportradar is strengthening the company’s executive line with the appointment of Jeffery Yabuki as the company’s chairman of the global board of […]
Business
January 8, 2021
Catena Appoints Göran Blomberg as Interim CEO
Catena Media’s search for its top job continues with trusted insiders stepping in to take the reins and preside over the company’s expansion push in 2021. Chairman Göran Blomberg has stepped in as an interim CEO as of Thursday. Blomberg Steps in as Interim CEO to Guide Catena Forth Catena Media has appointed Göran Blomberg […]
Business
January 8, 2021
Sheldon Adelson Takes Medical Leave of Absence from LVS
Sheldon Adelson has requested an official medical leave of absence as he addresses his non-Hodgkin’s lymphoma, a type of blood cancer. Adelson on the Mend, Takes Medical Leave of Absence Las Vegas Sands Chairman and CEO Sheldon Adelson has faced numerous challenges regarding his health of late. Recovering from non-Hodgkin’s lymphoma, the casino mogul made […]
Business
January 7, 2021
Kambi Issued Investor Update Pushing Up Q4 Expectations
The independent provider of sports betting technology and services to regulated markets world-wide Kambi Group issued yesterday a trading update ahead of its fourth quarter earnings report which will be released on February, 10, 2021. Q4 2020 Revenue Updated Upwards The operator noted that during the quarter a combination of favorable factors such as a […]
Business
January 7, 2021
Entain’s Bwin Holdings Tabled Cash Bid to Enlabs Shareholders
Global sports betting and gaming group Entain plc announced today its wholly-owned Malta-based subsidiary Bwin Holdings tabled a cash offer of SEK40 per share to shareholders of Enlabs AB. Bid Unanimously Recommended to Enlabs Shareholders The proposed bid which values Enlabs at around SEK2.8 billion was endorsed by the Independent Bid Committee of the Nasdaq […]
Business
January 7, 2021
Snow Lake Capital Urged MGM Resorts to Sell 20% in MGM China
MGM Resorts would achieve synergies and ensure a retendering of the MGM China concession in Macau if it sells a 20% stake from its Chinese subsidiary to a strategic partner from the internet or travel and leisure industries in China, Sean Ma, Founder and CEO of Snow Lake Capital investment fund wrote in a letter […]