North America

The Stars Group eyes all possibilities to maximise US growth

Having outlined that he was “very pleased” with The Stars Group interim performance, Group CEO Rafi Ashkenazi, states that he is open to further partnerships when it comes to capitalising on US expansion. Pending CMA approval, The Stars Group is on the brink of completing its $4.7 billion acquisition of Sky Bet, a transaction that will significantly strengthen its sports betting capabilities, …

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Blackstone & Codere eye Televisa Play City MX quick sale

Mexican media and entertainment group Televisa has confirmed that its seeks to sell its entire gambling portfolio, operating under the ‘Play City Casino’ and ‘Play City Apuestas’ brands. Televisa currently operates a total of 17 Play City casino/betting establishments across Mexico, having been one of the few companies granted a land-based gambling license by the Vicente Fox government in 2005. …

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Stars Group revises guidance & accounting to reflect its enlarged identity

Toronto TSX-listed The Stars Group Inc has published its unaudited Q2 2018 results, and further revises its full-year corporate guidance, to reflect its new business entity having undertaken a series of transformative acquisitions. Updating the market, the Stars Group reports consolidated group revenues of $410 million up 29% on corresponding Q2 2017’s $305 million as the company reports growth across its …

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DraftKings gets New Jersey check-up with Sir Charles Barkley

US daily fantasy sports operator DraftKings has launched its first sportsbook-centric advertising campaign ‘Dr.AftKings’ featuring NBA legend ‘Sir Charles’ Barkley. Promoting its New Jersey licensed sportsbook app, DraftKings introduces the character of ‘Dr.AftKings’ who diagnosis Sir Charles with a number of ‘sports-related disorders’. DraftKings new campaign has been co-developed by New York-based creative agency Deutsch and seeks to introduce the …

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Diversified Catena delivers strong interim as governance targets US top spot

Stockholm-listed industry affiliate marketing network, Catena Media maintains its strong 2018 momentum achieving a number of KPI ‘all-time highs’, as governance continues to diversify the company’s verticals and further seeks new market opportunities. Updating investors, Catena reports a group revenue increase of 65% to €50 million (H1 2017: €30 million), driven by growth across its organic and acquired network assets. …

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Mark Frissora – Caesars future growth must be guided by responsibility & diversity commitments

Nasdaq-listed Caesars Entertainment Corporation has released its ninth ‘Corporate Social Responsibility – CSR Report’, detailing its sustained commitment to its employees., communities and wider stakeholders. The US gambling group continues its corporate guidance under the ‘People, Planet, Play’ framework which seeks to deliver a positive corporate impact on society. ‘People, Planet, Play’ focuses on five core responsibility dynamics; improving employee …

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Our man in NJ… 888 relocates Yaniv Sherman to lead US expansion

888 Holdings has confirmed that it will relocate Yaniv Sherman, current Head of Group Commercial Development to its New Jersey strategic office. Sherman will be tasked with expanding 888’s commercial opportunities within the radically changed US gambling market post PASPA. An 888 executive since 2007, Sherman has led group-wide commercial initiatives and projects, for the London-listed online gambling group B2B …

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Peter Jackson: PPB’s FanDuel to maintain DFS focus in US expansion

US expansion was a key theme of Paddy Power Betfair’s (PPB) corporate update on Wednesday, with the FTSE100 firm outlining its mandate to maximise the FanDuel merger and develop as a household proposition for the US sports scene. Facing increased US competition, PPB detailed that it won’t disregard the fantasy sports element of FanDuel’s offering, as the vertical enhances the …

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IGT seeks new Chairman as Phil Satre joins Wynn Resorts

New York-listed gambling technology group, International Game Technology Plc (IGT), has confirmed the resignation of Phil Satre as Chairman of the Board. Updating the market, IGT informs that it has begun its executive search for Satre’s replacement, with Vice Chairman Lorenzo Pellicioli leading IGT governance until a successor is confirmed. Satre is set to join US casino and leisure operator …

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Capitalisation Pro Kneeland C. Youngblood joins Scientific Games governance

Nasdaq-listed industry technology group Scientific Games Corporation (SGC), has expanded its governance committee, confirming the appointment of Kneeland C. Youngblood as a new company director. An expert in large-scale financing projects, corporate recapitalisation and political stakeholder management, Youngblood will serve as an SGC advisor and member of the Nasdaq enterprises’ compensation and compliance committees. A qualified physician, Youngblood is the …

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