Gambling News - 'Ipo'
Business
May 14, 2024
Games Global Halts NYSE IPO Plans Amid Market Uncertainty
Online casino-style gaming content developer and distributor Games Global Limited is not going ahead with its planned initial public offering (IPO) in the United States for the time being. The company announced its decision on May 13 citing uncertain market conditions. Games Global’s Board of Directors Prioritize Stakeholder Interests Games Global’s Board of Directors made […]
Business
December 18, 2023
Fanatics May Be Positioning Itself to Go Public in 2024
The potential public offering comes on the heels of two investor days this year, fueling previous market rumors suggesting a possible IPO debut for the Florida-based merchandise and media giant. The company’s successful foray into sports betting highlighted its successful diversification efforts as it built upon its partnerships with high-profile leagues like the NFL, NHL, […]
Business
April 14, 2023
Lottomatica Prepares for IPO, Targets $467M
Apollo Global, an American global private equity firm, has confirmed its IPO plans for the Lottomatica division, saying that it plans to have it go public on the Euronext Milan exchange by the end of April. The IPO is expected to help Lottomatica reduce its debt. According to the announcement, the IPO will consist of […]
Business
February 22, 2023
Lottomatica’s IPO May Become a Reality in April
Apollo Global Management, the American global private-equity firm behind the Italian operator Lottomatica, plans to have the casino brand go public. As reported by sources earlier, Lottomatica’s initial public offering listing may be ordered very soon. Apollo’s strategy would be to list Lottomatica on the Borsa Milan Exchange. The rumors were later confirmed by Lottomatica […]
Industry
January 25, 2023
Lottomatica Mulls on IPO to Support Strong Q4 and FY22 Growth
Italian betting and gaming operator Lottomatica confirmed rumors that it was considering an initial public offering among its options going forward but did not provide any further details on its plans. Considering Going Public Lottomatica announced that its board, together with the company’s controlling shareholder, Apollo Global Management, “is currently contemplating potential strategic alternatives to […]
Business
January 13, 2023
Lottomatica Considers Going Public, Sources Claim
Lottomatica, an Italian sports betting and casino operator, is allegedly considering a Milan initial public offering. As reported by Bloomberg, anonymous sources claim that the company’s IPO may raise as much as $1 billion. Lottomatica May Earn $1B Through Its IPO According to the reports, Lottomatica’s IPO may become a reality in 2023. Going public […]
Business
October 21, 2021
Scientific Games’ Australian Lotteries IPO May Garnish as Much as $3B
American B2B gambling products and services provider Scientific Games is planning to go have its lottery business go public in Australia, which, according to professional industry analysts, can yield the company as much as $3 billion in USD. Scientific Games’ Australian Lottery IPO is Likely Set for Success The initial public offering operations are expected […]
Business
October 7, 2021
Nuvei Doubles US Public Listing Offer
Nuvei Corporation has increased its US public listing offer to three million subordinate shares. These shares will be traded on one of the world’s most renowned exchanges, NASDAQ. The payments group, which is based in Montreal, originally intended to place a total of 1.5 million subordinated shares on October 4, which would serve as its […]
Business
September 15, 2021
Sportradar Successfully Completes Its IPO on NASDAQ
Sportradar, the reputable and well-known sports betting provider, has successfully completed its initial public offering (IPO) and is now listed on the NASDAQ exchange. The company filed for an IPO back in August, and had Morgan Stanley, Citigroup, J.P. Morgan and UBS Investment Bank as lead book-running managers. Sportradar Completes IPO The IPO, under the […]
Business
September 8, 2021
Sportradar Confirms IPO, Aims for More than $660 Million
Sportradar had a slight hiccup when it initially planned its initial public offering (IPO), but has been able to overcome it. The sports data and odds supplier was going to hook up with the Horizon Acquisition Corp. special purpose acquisition company (SPAC) in March, but the US Securities and Exchange Commission (SEC) threw a flag […]