Newly NYSE-listed Super Group, the parent company of Betway and Spin, has confirmed the appointment of Lisa A Kampf as Vice President of Investor Relations. An expert in investor and stakeholder management, Kampf joins Super Group’s senior leadership team from S&P 500 Ambac Financial Group Inc, where she formerly served as Managing Director of Investor Relations. An MBA from New …
Read More »
Kyrgyzstan’s Centre of Public-Private Partnerships (PPP) has declared the Serbian consortium of Elbet doo and Axel Capital as winners of the contract to operate ‘national lottery activities’ under the domain of the State Lottery Company. Last October, the State Lottery Company was instructed to launch a tender to find a private partner charged with reviving its offering. Elbet and Axel …
Read More »
STS Holding has published a corporate prospectus outlining the material information and timetable of the initial public offering (IPO) of STS Gaming Group (STS) on the Warsaw Stock Exchange (WSE). This summer, Poland’s Financial Conduct Authority disclosed that the Juroszek family, who control 100% of STS shareholding, had submitted a filing evaluating Warsaw IPO options for STS – Poland’s biggest sportsbook …
Read More »
Flutter Entertainment Plc has this afternoon confirmed that it plans to sanction a private placement of 8 million corporate shares made available to ‘institutional investors’. The enlarged FTSE100 gambling group seeks to raise a further £850 million in working capital, strengthening its liquidity to take advantage of the short and long-term opportunities presented by a disrupted marketplace. Confirming the placement, …
Read More »
The French government has accelerated its plans to privatise state-owned lottery and sports betting operator Francaise des Jeux (FDJ), appointing a collective of eight investment banks to work on the sale of the asset. This week, the APE, the agency overseeing the management French state-owned firms, confirmed that BNP Paribas would be joined by Citigroup, Goldman Sachs, Credit Agricole, HSBC, …
Read More »
Issuing a corporate update, Toronto TSX-listed The Stars Group Inc, has today disclosed its supplementary prospectus related to its proposed new public share offering. Updating the market, the Stars Group’s treasury will move to implement a 15 million common share placement, which will be additionally supported by secondary 6 million share disposal undertaken by existing corporate shareholders. Stars Group governance …
Read More »
Sports forecasting software Accuscore seeks to repeat its World Cup 2014 success, outperforming financial powerhouse Goldman Sachs in predicting Russia 2018’s match outcomes, individual team performances and eventual winners. Keeping up traditions, this week Goldman Sachs the world’s leading investment bank released its World Cup Russia 2018 forecast, which has been developed internally by its analysts running ‘200,000 models and …
Read More »
CMC Markets, a spread betting broker and provider of online financial trading, has announced its intention to float on the London Stock Exchange. It is expected that the planned initial public offering, confirmed by the company today, will value the company at around £1 billion. Founded in 1989 by former Tory party treasurer and “Brexit” campaigner Peter Cruddas, CMC Markets became a pioneer of online …
Read More »
IG Group Holdings plc, one of the biggest spread betting operators, has announced that Chief Financial Officer Chris Hill is to leave the company in order to take up the role of Chief Financial Officer at Hargreaves Lansdown plc. It is anticipated Hill will continue in his current role until the end of his notice period and leave IG in …
Read More »
The Financial Times (FT) has reported that Gala Coral governance are preparing for a potential IPO post the UK General Election (7 May). The newspaper reports that the operator is targeting a potential Q4 2015 float. Gala Coral governance will examine whether market conditions are favourable post the election as the UK gambling market may be hit with further constraints …
Read More »
SBC News Voice of the Sports Betting Industry