Interactive sports betting and gaming company Elys Game Technology released its first quarter 2022 financial report to reveal a revenue slump year-over-year and marginal sequential growth. Revenue Decreased due to Italy Land-Based Closures Nasdaq-listed Elys Game Technology generated for the three months ended March 31, 2022 GAAP revenue of $12.2 million, down 14% when compared […]
Melco Resorts and Entertainment could be delisted from NASDAQ as the US Securities and Exchange Commission (SEC) adopted new regulations concerning foreign companies back in January. Even though there’s still no immediate cause for concern, the news rocked the company as its shares fell 15% on Friday. The news comes just after its CEO applied […]
Codere Online has brought another chapter of its story to a successful conclusion with the completion of the DD3 Acquisition Corp. deal, allowing it to list on the NASDAQ Stock Exchange and add a new specialist to its ranks. DD3 Deal Completion and NASDAQ Listing A trifecta of happy events will chart a new course […]
Inherent Wealth Fund, a registered investment adviser focused on thematic and sector-specific investing, announced the launch of the first and only actively managed sports betting and gaming exchange-traded fund (ETF). First Managed Sports Betting and Gaming ETF iBET Sports Betting & Gaming ETF, an ETF designed to appeal specifically to the next generation of investors, […]
Okada Manila is ready to be seen on NASDAQ. The company is launching on the exchange through a convoluted merger with a special purpose acquisition company (SPAC), 26 Capital Acquisition Corp., and, provided everything goes according to plan, the new company will have a total equity value of $2.5 billion. Okada Manila Hits NASDAQ According […]
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 […]
There are different ways to gamble on sports and some don’t require wagers to be directly placed on games. The Roundhill Sports Betting & iGaming exchange-traded fund (ETF) has seen a decent amount of success since it was first introduced last year and another company is hoping to follow suit. ETF Series Solutions (ESS) has […]
Online gambling industry marketing services provider Gambling.com surprisingly slashed the pricing of its initial public offering (IPO), as well as the quantity of shares available to investors, before going public. Revised Price and Share Quantity Gambling.com is now offering 5,250,000 ordinary shares priced at $8 per share, bringing the total valuation of the company down […]
DoubleDown Interactive, a subsidiary of Double U, will likely accept offerings as it filed for an initial public offering (IPO) on the Nasdaq exchange. Per DoubleDown, there will be a total of 315,800 common shares, made up of 6.3 million American Depositary Shares (ADS) in total. Mathematically, that makes each common share to be made […]
Gambling.com is looking to become the latest gaming-related entity to trade on a public exchange. After recently announcing its plans to introduce an initial public offering (IPO), it has now filled in some of the blanks. The company has big plans for its future, and is confident that it will continue to be a major […]