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Prove Identity Partners with BetMGM to Elevate Security and Enhance Sports Betting Experience for March College Basketball

Retrieved on: 
Tuesday, April 2, 2024

Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced a strategic partnership with BetMGM , a sports betting and iGaming leader, to enhance the security and user experience for BetMGM customers through the cutting-edge Prove Pre-Fill ® identity solution.

Key Points: 
  • Prove Identity, Inc. ("Prove"), the global leader in digital identity, today announced a strategic partnership with BetMGM , a sports betting and iGaming leader, to enhance the security and user experience for BetMGM customers through the cutting-edge Prove Pre-Fill ® identity solution.
  • This collaboration marks a significant milestone in Prove’s journey towards providing seamless and secure digital sports betting and casino services in the U.S. states where BetMGM operates, pending regulatory approval.
  • “BetMGM is an innovator in the space, always looking to find new and compelling ways to improve the online gaming experience,” said Tom Hill, Director of Digital Identity and Head of Sports Betting and iGaming at Prove.
  • “Prove Pre-Fill® adds an extra layer of security, reduces sign-up abandonment, and improves the overall user experience by streamlining the identity verification and authentication processes.

Gambling.com Group Completes Acquisition of Freebets.com and Related Assets

Retrieved on: 
Tuesday, April 2, 2024

Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a leading provider of player acquisition services for the regulated global online gambling industry, announced today that it completed the previously announced acquisition of Freebets.com and related assets.

Key Points: 
  • Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”), a leading provider of player acquisition services for the regulated global online gambling industry, announced today that it completed the previously announced acquisition of Freebets.com and related assets.
  • The Company anticipates these assets will generate revenue of approximately $10.0 million and incremental Adjusted EBITDA of approximately $5.0 million over the balance of 2024.
  • I expect this acquisition to fundamentally change the balance of power within the European online gambling affiliate market and provide Gambling.com Group with a clear path to drive further growth in both our existing European markets as well as new ones.
  • As part of the transaction, we are gaining a number of new colleagues in the region.

Genius Sports Announces Resignation of a Member of the Board of Directors

Retrieved on: 
Monday, April 1, 2024

Genius Sports Limited (“Genius Sports”) announced today that Gabriele Cipparrone, partner at Apax Partners LLP (“Apax”), will resign from its Board of Directors effective 8 April 2024, following a reduction in holdings in Genius Sports by funds advised by Apax (“Apax Funds”) through a secondary sale on 1 April 2024.

Key Points: 
  • Genius Sports Limited (“Genius Sports”) announced today that Gabriele Cipparrone, partner at Apax Partners LLP (“Apax”), will resign from its Board of Directors effective 8 April 2024, following a reduction in holdings in Genius Sports by funds advised by Apax (“Apax Funds”) through a secondary sale on 1 April 2024.
  • Since the Apax Funds’ investment in Genius Sports in 2018, Mr. Cipparrone has provided valuable insight and expertise as the Company went through a transformative period of growth, expanding from $85 million of revenue in 2018 to $413 million in 2023.
  • “Genius Sports has been an excellent investment for the Apax Funds, and as the Company reaches the three-year anniversary of its successful public listing on the NYSE, I feel confident in its long-term financial and strategic position,” stated Mr. Cipparrone.
  • With further liquidity in our stock, we look forward to continuing to attract and to retain the type of thoughtful and long-term shareholders we are fortunate to call our partners today.”
    The Company is currently undergoing a comprehensive search for additional highly qualified independent members of its Board of Directors to replace those previously designated by representatives of Apax.

Caesars Entertainment, Inc. to Report 2024 First Quarter Results on April 30, 2024

Retrieved on: 
Monday, April 1, 2024

Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the first quarter 2024 after the market closes on Tuesday, April 30, 2024.

Key Points: 
  • Caesars Entertainment, Inc. (NASDAQ: CZR) will release its financial results for the first quarter 2024 after the market closes on Tuesday, April 30, 2024.
  • The company will also host a conference call on April 30, 2024 at 5:00 p.m. Eastern Time, 2:00 p.m. Pacific Time, to discuss its results and other matters related to the company.
  • Once registered, participants will receive an email with the dial-in number and unique PIN number to access the live event.
  • The call will also be accessible via webcast on the Investor Relations section of Caesars Entertainment’s website or by visiting https://investor.caesars.com .

Grab Some Eggscellent bonuses with Everygame Poker

Retrieved on: 
Saturday, March 30, 2024

Easter is all about treating yourself, and you can do that all week with Everygame Poker’s Easter Specials .

Key Points: 
  • Easter is all about treating yourself, and you can do that all week with Everygame Poker’s Easter Specials .
  • Kicking off at 3 pm ET, players can take part in seven different tournaments using a variety of formats.
  • The biggest prize on offer is in the 8:05 pm tournament, with a guaranteed prize pot of $2,000 up for grabs.
  • At Everygame Poker , the Easter fun doesn’t stop there.

Special Committee of Bally’s Retains Financial and Legal Advisors in Connection With Standard General’s Proposal

Retrieved on: 
Thursday, March 28, 2024

The special committee of independent and disinterested directors (the “Special Committee”) of Bally’s Corporation (“Bally’s” or the “Company”) (NYSE: BALY) formed to evaluate the preliminary, non-binding acquisition proposal from Standard General, dated March 11, 2024 (the “Proposal”), among other things, today announced that it has retained Macquarie Capital as its financial advisor and Potter Anderson & Corroon LLP and Sullivan & Cromwell LLP as its legal counsel in connection with its evaluation of the Proposal, as well as any potential strategic alternatives to the Proposal.

Key Points: 
  • The special committee of independent and disinterested directors (the “Special Committee”) of Bally’s Corporation (“Bally’s” or the “Company”) (NYSE: BALY) formed to evaluate the preliminary, non-binding acquisition proposal from Standard General, dated March 11, 2024 (the “Proposal”), among other things, today announced that it has retained Macquarie Capital as its financial advisor and Potter Anderson & Corroon LLP and Sullivan & Cromwell LLP as its legal counsel in connection with its evaluation of the Proposal, as well as any potential strategic alternatives to the Proposal.
  • The Special Committee cautions Bally’s stockholders and others considering trading the Company’s securities that no decisions have been made with respect to the Proposal.
  • There can be no assurance that any definitive offer will be made or accepted, that any agreement will be executed or that any transaction will be consummated.
  • The Company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required by law.

Caesars Sportsbook Recognized for Responsible Gaming Practices with Top Accreditation by Responsible Gambling Council’s RG Check Program

Retrieved on: 
Thursday, March 28, 2024

As part of the RG Check accreditation process, Caesars Sportsbook underwent a thorough assessment of its Responsible Gaming practices, Team Member training process, player education and protection efforts.

Key Points: 
  • As part of the RG Check accreditation process, Caesars Sportsbook underwent a thorough assessment of its Responsible Gaming practices, Team Member training process, player education and protection efforts.
  • The assessment concluded that Caesars Sportsbook is among industry leaders in Responsible Gaming, building on Caesars Entertainment's legacy in its Responsible Gaming practices.
  • We’re proud to further enhance our Responsible Gaming initiatives available through Caesars Sportsbook.”
    “Congratulations to Caesars Sportsbook for receiving their RG Check accreditation.
  • An RG Check Accreditation means Caesars Sportsbook has achieved the highest standards for their Responsible Gambling practices,” said Responsible Gambling Council CEO Shelley White.

Kickstart Your April With a Juicy Stakes Casino Free Spins and Slot Tournament

Retrieved on: 
Thursday, March 28, 2024

Players will accumulate points and climb their way up the leaderboard to grab their share of the prize money.

Key Points: 
  • Players will accumulate points and climb their way up the leaderboard to grab their share of the prize money.
  • $400 is up for grabs for the winner, with $300 for second place and $230 for third.
  • The tournament rewards the top 16 spots, with prizes varying in size depending on your finish.
  • Finally, blackjack players are given the chance to grab a $50 bonus to kickstart their April.

Mark Cuban Backs Overplay, the No-Code Game Creation Platform, Following Shark Tank Appearance

Retrieved on: 
Thursday, March 28, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240327982117/en/
    Mark Cuban and Overplay co-founders Dan Projansky and Caroline Strzalka shaking hands on the set of Shark Tank after striking a deal.
  • Photo Credit: ABC
    Mark Cuban is a titan in the business world with a flair for spotting the next big thing.
  • This opens up a rare chance for the public to invest in the same company as billionaire entrepreneur and iconic "Shark Tank" investor, Mark Cuban.
  • For more information on how to invest and be part of Overplay's story along with Mark Cuban, visit https://wefunder.com/overplay .

Bragg Gaming Reports Fourth Quarter and Full Year 2023 Financial Results, Confirms Formation of Special Committee

Retrieved on: 
Tuesday, March 26, 2024

“Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.

Key Points: 
  • “Upon closer examination of the Dutch market, it is evident that challenges have arisen due to increased competition and new regulations since July.
  • Additionally, in Q4 2023, the Company extended its agreement with Entain Plc to supply its PAM platform to BetCity.nl, Entain’s Dutch iGaming operator, until 2025.
  • The Company will host a conference call today, March 26, 2024, at 8:30 a.m. (Toronto Time), to discuss its fourth quarter and full year 2023 results.
  • “Adjusted EBITDA” is a financial measure that does not have a standardized meaning under International Financial Reporting Standards (“IFRS”).