Wagering

High Tide Reports Second Quarter 2021 Financial Results Featuring a 99% Increase in Revenue and Another Record Adjusted EBITDA of $4.7 Million

Retrieved on: 
Monday, June 28, 2021
Alternative medicine, Retail, Health, Other Retail, Other Health, Specialty, Derivative, Financial law, Wagering, Tide, Human activities, Articles, Human behavior

The Company recorded a loss from the revaluation of derivative liability of $3,988 during the second quarter of 2021 (2020: loss of $125).

Key Points: 
  • The Company recorded a loss from the revaluation of derivative liability of $3,988 during the second quarter of 2021 (2020: loss of $125).
  • The increase in our share price during the quarter resulted in an increase in the derivative liability.
  • High Tide continues to have a leading position in the Canadian bricks and mortar cannabis market with 87 locations across the country.
  • Since the end of the second quarter, High Tide has closed the acquisition of FABCBD and expects to close the acquisition of Daily High Club imminently.

IKONICS ALERT: Bragar Eagel & Squire, P.C. Investigates Sale of IKNX and Encourages Investors to Contact the Firm

Retrieved on: 
Monday, June 28, 2021
Stock market, Corporate finance, Finance, Money, Corporations, Derivative, Financial law, Wagering, Security, Stock, Mergers and acquisitions

On June 25, 2021, IKONICS announced that it had signed an agreement to merge with TeraWulf.

Key Points: 
  • On June 25, 2021, IKONICS announced that it had signed an agreement to merge with TeraWulf.
  • Bragar Eagel & Squire is concerned that IKONICS board of directors oversaw an unfair process and ultimately agreed to an inadequate merger agreement.
  • Accordingly, the firm is investigating all relevant aspects of the deal and is committed to securing the best result possible for IKONICS stockholders.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Playmaker Strengthens Leadership Position in Brazil

Retrieved on: 
Monday, June 28, 2021
Professional services, Entertainment, Sports, Other Professional Services, Other Sports, Finance, Casino, Gaming, Sports betting, Wagering, Playmaker, Gambling

Consistent with the focus on fans as the centre of the Playmaker ecosystem, Futbol Sites will be launching the new Somos Fanticos (We Are Fans) brand in Brazil.

Key Points: 
  • Consistent with the focus on fans as the centre of the Playmaker ecosystem, Futbol Sites will be launching the new Somos Fanticos (We Are Fans) brand in Brazil.
  • Playmaker (TSX-V: PMKR) is a digital sports media company that lives at the intersection of sports, gambling, media and technology.
  • Playmaker is building a collection of premier sports media brands, curated to deliver highly engaged audiences of sports fans to sports betting companies, leagues, teams and advertisers.
  • Fanticos por Futebol started in 2015 as a Facebook Fan Page and within one year of launch, they had more than 1 million engaged fans.

The future of crypto gaming is here & make money at same time = CHIPZ

Retrieved on: 
Friday, June 25, 2021
Gambling, Sports betting, Wagering, Sportsbook, Bookmaker, Online gambling, Tipster, Mathematics of bookmaking

Chipz is a decentralized stakes platform looking to change the future of online gambling through smart booking contracts.

Key Points: 
  • Chipz is a decentralized stakes platform looking to change the future of online gambling through smart booking contracts.
  • The platform is set to launch as a sports betting platform that lets users create their own sportsbooks.
  • The 1st version of Chipz only has events that are already fed into the ecosystem through oracles specifically sports events.
  • That said, bookmakers will be able to create events of their preference and provide multiple outcomes in future versions of Chipz.

FansUnite Entertainment Issues Statement on Senate's Approval of Bill C-218

Retrieved on: 
Thursday, June 24, 2021
Sports betting, Wagering, Gambling

-Bill C-218 will legalize single-event sports betting in Canada-

Key Points: 
  • "Today marks a historic milestone in the global gambling industry as Canada has taken a pivotal step forward in legalizing single-event sports betting," said Scott Burton, CEO of FansUnite.
  • "The legalization of this bill will provide the Canadian economy access to additional employment opportunities, tax revenue, and a safe and regulated platform for betting options."
  • FansUnite also wants to thank Paul Burns and the Canadian Gaming Association for all of their efforts to help Bill C-218 pass.
  • FansUnite is a global sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Provention Bio, Washington Prime, Virgin Galactic, and RLX and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 24, 2021
Cars, Stock market, Motor vehicles, Financial law, Derivative, Wagering, Security, Stock, Acura RLX, Investment

On this news, Provention's stock price fell $1.73 per share, or 17.78%, to close at $8.00 per share on April 9, 2021.

Key Points: 
  • On this news, Provention's stock price fell $1.73 per share, or 17.78%, to close at $8.00 per share on April 9, 2021.
  • The Company further advised that, in an event of default, certain counterparties to the senior notes could accelerate the outstanding indebtedness due .
  • For more information on the RLX class action go to: https://bespc.com/cases/RLX
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Real Luck Group celebrates Canadian Senate's approval of Bill C-218 to legalise sports betting

Retrieved on: 
Wednesday, June 23, 2021
Sports betting, Wagering, eSports, Luck, Gambling

CALGARY, AB and ISLE OF MAN, June 23, 2021 /PRNewswire/ - Real Luck Group Ltd .

Key Points: 
  • CALGARY, AB and ISLE OF MAN, June 23, 2021 /PRNewswire/ - Real Luck Group Ltd .
  • (TSXV: LUCK) (OTCQB: LUKEF) (the "Company") and its subsidiary companies doing business as " Luckbox " (the "Group"), a leading provider of licensed, real money esports betting, welcomes the passing of Bill C-218 - known as The Safe and Regulated Sports Betting Act - by the Canadian Senate.
  • Real Luck Group is a member of the Canadian Gaming Association and we are following the progress in the Senate in what are exciting times for the industry in Canada and the US."
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/real-luck-group-celebrates-canad...
    SOURCE Real Luck Group Ltd.

Canadian Gaming Association Celebrates the Passage of the Safe and Regulated Sports Betting Act, Bill C-218

Retrieved on: 
Tuesday, June 22, 2021
Sports betting, Wagering, Gambling

TORONTO, June 22, 2021 (GLOBE NEWSWIRE) -- The Canadian Gaming Association (CGA) today celebrates the arrival of single-event sports betting across Canada as the Senate successfully passed Bill C-218, without amendment, at Third Reading.

Key Points: 
  • TORONTO, June 22, 2021 (GLOBE NEWSWIRE) -- The Canadian Gaming Association (CGA) today celebrates the arrival of single-event sports betting across Canada as the Senate successfully passed Bill C-218, without amendment, at Third Reading.
  • Todays successful vote will allow the Canadian gaming industry to begin working with provincial partners to offer single-event wagering to sports betting fans.
  • This is a major milestone and achievement for the Canadian gaming industry, said Paul Burns, President and CEO of the CGA.
  • The CGA has been working to legalize single-event sports betting for more than 10 years and Bill C-218 benefited from a groundswell of broad stakeholder support from across Canada.

Sporttrade Inc. raises $36 Million to transform sports betting

Retrieved on: 
Tuesday, June 22, 2021
Gambling, Articles, Wagering, Financial markets, Sports betting, Financial technology, Betting exchange

PHILADELPHIA, June 22, 2021 /PRNewswire/ -- Sporttrade , a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding.

Key Points: 
  • PHILADELPHIA, June 22, 2021 /PRNewswire/ -- Sporttrade , a Philadelphia-based fintech, sports betting company, today announced it has raised $36m in funding.
  • Sporttrade will use the capital to strengthen its position as the only sports betting exchange in the United States.
  • Sporttrade is based in Philadelphia, PA and has grown its team of fintech, trading and sports betting professionals to over 50.
  • Sporttrade is poised to enter the US market with the first regulated sports betting exchange in the country's history.

Leadstar Media granted license to enter Colorado

Retrieved on: 
Monday, June 21, 2021
Gambling, Wagering, Sports betting, Betting in poker, Gaming Innovation Group

STOCKHOLM, June 21, 2021 /PRNewswire/ --Sports betting affiliate company Leadstar Media today announced it has acquired a Vendor Minor sports betting license in the Centennial State.

Key Points: 
  • STOCKHOLM, June 21, 2021 /PRNewswire/ --Sports betting affiliate company Leadstar Media today announced it has acquired a Vendor Minor sports betting license in the Centennial State.
  • Colorado first launched online sports betting in May 2019 and is one of the least restrictive states.
  • "I'm happy to announce that we've been granted a license to operate in Colorado.
  • Entering Colorado follows Leadstar Media's expansion plan and broader vision of becoming the leading sports betting affiliate," concludes Kvarnstrm.