Shares in betting operator Sportech fell sharply in London Monday morning as the company revealed plans to delist its shares from trading on London’s AIM.
Sportech said that the AIM listing imposes significant burdens on the company, particularly given the scale of Sportech group's business, which is now comprised of sports [...]
The Securities and Exchange Commission and the US Attorney for the Southern District of New York have charged a broker with securities fraud in relation to Penn National Gaming’s acquisition of Score Media and Gaming in 2021.
Jordan Meadow, a registered broker at a brokerage firm based in New York, is [...]
Sportech has announced plans to reduce the number of shareholders in the company and return approximately £3.5 million to shareholders though a share capital restructure.
The proposed restructure involves a 10,000 to one share consolidation and a subsequent one for 1,000 share sub-division, and is meant to provide an “efficient exit” [...]
Shares in 888 Holdings were trading more than 20 per cent higher in London Wednesday morning on news of a 6 per cent shareholding by a group of high-profile industry executives.
New York-based FS Gaming Investments has acquired a 6.57 per cent stake in 888 and is expected to play an [...]
Gaming supplier Light & Wonder (L&W) has received conditional approval for a secondary listing of its shares on the Australian Securities Exchange (ASX).
The company’s Board revealed in March that it had been evaluating a proposed listing in Sydney to enhance its profile in the country, which is one of L&W’s [...]
Bally’s has filed a confidential draft registration statement for a proposed initial public offering (IPO) of shares in Bally's Chicago.
The filing with the US Securities and Exchange Commission (SEC) relates to Bally’s proposed new casino resort in Chicago, Illinois, and aims to give qualified residents of the city the opportunity [...]
Shares in Italian betting and gaming operator Lottomatica fell on their first day of trading on Milan’s Borsa Italiana stock exchange Wednesday.
In Europe’s largest IPO of 2023 so far, Lottomatica’s shares were priced at €9.00 per share, but opened for trading at €8.50 and fell by 4 per cent during [...]
Shares in sports betting supplier Kambi Group rose sharply Wednesday morning as the company announced a €7.2 million share buyback programme and repayment of a €7.5 million bond held by Kindred Group.
The convertible bond held by Kindred since the 2014 spin-off of Kambi is now repaid, eliminating the prospect of [...]
NorthStar Gaming has called in a consulting firm to provide financial advisory services following its recent listing in Toronto.
The six-month agreement with Blue Sky Trading & Consulting was announced on Friday and took effect on March 24, covering advisory services relating to capital markets, capital raising and mergers & acquisitions.
Under the [...]
Italian gaming operator Lottomatica has reported strong revenue growth in the first quarter of this year as the company prepares to go public with a listing on Euronext Milan.
Pro-forma first quarter revenue climbed 15 per cent year-on-year to approximately €421 to €423 million following the November acquisition of Betflag, helping [...]
London-listed operator Flutter Entertainment will put a formal resolution to shareholders at next month’s Annual General Meeting (AGM), seeking approval to pursue an additional stock market listing in the United States.
Flutter announced last month that it would consult with shareholders on an additional US listing of the group's ordinary shares.
Having [...]
Shares in Stockholm-listed online gaming operator Spiffbet were trading 16 per cent lower this morning after the company announced plans to issue new shares.
The proposed rights issue and parallel set-off aims to reduce corporate debt and provide financing to drive growth.
Spiffbet has borrowed a total of approximately SEK39.6 million from [...]