A special purpose acquisition company (SPAC), 26 Capital Acquisition Corp, announced today it offered 24,000,000 of units priced at $10 per share in its initial public offering (IPO), after filing and declaring effective a registration statement to the Securities and Exchange Commission (SEC). Placing Shares and Warrants Listed on the Nasdaq Capital Market, the units […]
Gibraltar-based online gambling group 888 Holdings was the only gambling industry representative to feature in a list of 41 stocks which the UK investment banking company Peel Hunt outlined for top growth in 2021. Growth Potential List Urged by the tumultuous financial 2020 due to the economy-wide knock-on effects of the coronavirus spread and the […]
Malta-based supplier of technology solutions for the gaming industry Gaming Innovation Group (GiG) issued a grant of 1.5 million share options for key employees, offering them the chance to buy equity in the company within the next 5 years. Employment at the Time of Exercise Options which are conditional upon employment at the time of […]
Bermuda-based gaming investor Century Entertainment International Holdings announced in a filing to the Hong Kong Exchanges and Clearing (HKEX) and the Stock Exchange of Hong Kong (SEHK) December 30, 2020 a capital reorganization plan. 4-Step Capital Reorganization The Board of Century Entertainment proposed the company’s shareholders to approve a capital reorganization plan which consists of […]
Rush Street Interactive is now a publicly-traded company following approval by dMY Technology shareholders, with the newly-merged company entering 2021 on a strong and ambitious foot. RSI Finalizes Mergers and Goes Public ahead of 2021 Rush Street Interactive is officially a publicly-traded company, following the approval of dMY Technology stockholders on Wednesday. Moving forward, the […]
The end of the year is an ideal time to wrap things up, and Flutter Entertainment (FLTR.L) is heading out of 2020 with no loose ends, after announcing earlier today that it has completed the acquisition of a 37.2% stake in FanDuel Group. Flutter has bought out the share from Fastball Holdings for $4.2 billion […]
Bitcoin takes a tumble to $27,200 only minutes after hitting $28,400 earlier today. BTC is currently trading at $26,957.90 as of 11:30 pm ET. Bitcoin Falls to $27,200 Minutes after Hitting $28,400 Over the past 24 hours, Bitcoin’s price has been heading firmly upwards. Minutes after it had hit $28,400 in price valuation, however, the […]
A holiday surge has driven Bitcoin’s value which has now hit $28,220.50 and a market cap of $524.65 billion. Bitcoin’s Value Hits $28,220, No End in Sight The 2017 Bitcoin fiasco is far from sight and even though fears that BTC may once again take a precipitous plunge the currency is in an upswing. Bitcoin’s […]
Ripple’s XPR token is down 17%, following the rapid drop on Wednesday and the sudden spike on Friday. Fluctuation Following SEC Lawsuit Ripple’s XPR cryptocurrency is experiencing significant fluctuations. XPR is a Real Time Gross Settlement System that allows traders to circumvent the traditional fees and wait times associated with banks. On 24 December, the […]
Leading sports betting and gaming group Flutter Entertainment announced yesterday it entered into a conditional agreement to acquire the 37.2% stake in FanDuel held by Fastball Holdings, for $4.175 billion, subject to approval by its shareholders. Flutter is expected to convene an extraordinary general meeting before the year end. Flutter Targets 95% Stake in FanDuel […]
