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Notice of Pendency of Class Action and Proposed Settlement Involving Persons and Entities Who Purchased or Otherwise Acquired Cognizant Technology Solutions Corporation Common Stock from February 27, 2015 through September 29, 2016

Friday, October 15, 2021 - 2:17pm

This notice is for all persons and entities who purchased or otherwise acquired the common stock of Cognizant Technology Solutions Corporation ("Cognizant") during the period from February 27, 2015 through September 29, 2016, inclusive (the "Class Period") (the "Settlement Class").

Key Points: 
  • This notice is for all persons and entities who purchased or otherwise acquired the common stock of Cognizant Technology Solutions Corporation ("Cognizant") during the period from February 27, 2015 through September 29, 2016, inclusive (the "Class Period") (the "Settlement Class").
  • Certain persons and entities are excluded from the Settlement Class by definition, as set forth in the full printed Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Hearing; and (III)Motion for Attorneys' Fees and Litigation Expenses(the "Notice").
  • PLEASE READ THIS NOTICE CAREFULLY, YOUR RIGHTS MAY BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
  • Please do not contact the Court, the Clerk's office, Cognizant, the other Defendants, or their counsel regarding this notice.

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

PALM BEACH,  Fla., Oct. 14, 2021 /PRNewswire/ -- For a long time, the conversation in the gaming world was focused on mobile being the future of the industry. Now, in 2021, the future has officially arrived.  Our society is becoming more dependent on smartphones, with more than 90% of Americans owning a smartphone, and the rest of the developed world is only slightly behind the United States' pace. It is not a surprise that revenue from mobile gaming is rising, but the growth rate is something sportsbooks need to keep an eye on in the future. The more the common gamers pour their money into mobile gaming, the more sportsbooks will need to be ready to pounce. Already more than 40% of smartphone owners are paying at least $50 per month on games, which translates to $600 per year. That isn't a small sum for most people, and a quarter of the users are up to at least $1,000 per year on mobile gaming. Simply put, the future used to be mobile gaming, but it is becoming increasingly apparent that the future is here and the switch from PC gaming to mobile gaming is vital.   A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming. While most users are starting to use mobile gaming more than PC or consoles, the competitive gaming world has not made the switch yet. Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile." Active gaming and tech companies in the markets today include:  Esports Technologies (NASDAQ: EBET), Skillz (NYSE: SKLZ), Super League Gaming (NASDAQ: SLGG), Elys Game Technology, Corp. (NASDAQ: ELYS), Golden Nugget Online Gaming, Inc. (NASDAQ: GNOG).

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Berman Tabacco Announces Proposed Settlement in the Healthcare Services Group, Inc. Securities Litigation

Monday, October 11, 2021 - 3:00pm

YOUR RIGHTS MAY BE AFFECTED BY THE PROPOSED SETTLEMENT OF A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

Key Points: 
  • YOUR RIGHTS MAY BE AFFECTED BY THE PROPOSED SETTLEMENT OF A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
  • ALL QUESTIONS ABOUT THIS NOTICE, THE PROPOSED SETTLEMENT, OR YOUR ELIGIBILITY TO PARTICIPATE IN THE PROPOSED SETTLEMENT SHOULD BE DIRECTED TO LEAD COUNSEL OR THE CLAIMS ADMINISTRATOR, WHOSE CONTACT INFORMATION ARE PROVIDED BELOW.
  • YOU ARE ALSO NOTIFIED that Utah Retirement Systems ("Lead Plaintiff"), on behalf of itself and the proposed Settlement Class, and the Defendants have reached a proposed settlement of the Action for $16,800,000incash (the "Settlement Amount"), that, if approved, will resolve all claims in the Action (the "Settlement").
  • You do NOT need to attend the Final Approval Hearing in order to receive a distribution from the Net Settlement Fund.

The Three Top Online Casino Markets in the U.S Projected to Generate More Than $1.5 Billion Combined in 2021

Friday, October 1, 2021 - 2:30pm

The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!

Key Points: 
  • The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!
  • With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry.
  • Bonus.com said: "The newest state to join the legal online casino industry, Michigan,debuted online casinos in January 2021.
  • As of June 2021, five US states offer legal online casino gaming.

The Three Top Online Casino Markets in the U.S Projected to Generate More Than $1.5 Billion Combined in 2021

Friday, October 1, 2021 - 2:30pm

PALM BEACH, Fla., Oct. 1, 2021 /PRNewswire/ -- Legal online casino gambling continues to boom in the US. The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year… but 2020 was pretty good too! In 2020 both New Jersey and Pennsylvania realized an online casino revenue surge after COVID-19 considerations shuttered land-based casinos across the country in March. Retail casinos in both states resumed business at limited capacity by summertime, but that didn't slow the mobile sports betting boom in either state. December marked periods of record-high monthly online casino revenues in both states. New Jersey nearly hit the $100 million monthly revenue mark in the final month of 2020, while Pennsylvania eclipsed the $70 million threshold for the first time. West Virginia also ended the year with the best month yet in the short history of the state's mobile casino industry. With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry.  Last year saw online casino operators generate record-setting revenue numbers. Those 2020 landmarks pale in comparison, however, to the 2021 figures for operator revenue and state tax collection., according to industry insider, bonus.com.  Active gaming and tech companies in the markets today include:  Esports Technologies (NASDAQ: EBET), Bally's Corporation (NYSE: BALY), Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV), Genius Sports Limited (NYSE: GENI), Rush Street Interactive, Inc. (NYSE: RSI).

Key Points: 
  • The three top online casino markets in the US have generated more than $1.5 billion in combined 2021 revenue through the first half of the year but 2020 was pretty good too!
  • With Michigan and possibly other states launching online casinos next year, 2021 projects as an even bigger year than 2020 for the US legal online casino industry.
  • Bonus.com said: "The newest state to join the legal online casino industry, Michigan,debuted online casinos in January 2021.
  • As of June 2021, five US states offer legal online casino gaming.

Showing No Signs of Slowing Down, Global Online Gambling Market Expected To Reach A Total Market Size Of $66 Billion In 2025

Tuesday, September 21, 2021 - 1:30pm

According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.

Key Points: 
  • According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.
  • The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025.
  • ResearchAndMarkets continued saying, "Growing popularity of betting across different regions around the globe is significantly driving the global online gambling market.
  • Moreover, proliferation of sports betting along with other online gambling ads is further attracting people to try online gambling, thus positively impacting the market growth during the forecast period."

Showing No Signs of Slowing Down, Global Online Gambling Market Expected To Reach A Total Market Size Of $66 Billion In 2025

Tuesday, September 21, 2021 - 1:30pm

PALM BEACH,  Fla., Sept. 21, 2021 /PRNewswire/ -- The Global Online Gambling Market is another survivor that thrived in during the COVID-19 pandemic. The recent COVID-19 pandemic has led to a sudden rise in the revenues of online gambling service providers, thus positively impacting the overall market growth. According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments. According to ResearchAndMarkets, the figures show that the online gambling has emerged as one of the biggest winners during the shutdown alongside services such as online retail, food delivery, and subscription services. The report also said, "Increasing number of cost-effective mobile applications to play different online gambling games on smartphones is also contributing to the market growth of online gambling worldwide. Ease of sports betting using a portable connected device such as smartphone, laptop, and tablet has increased the number of players in the online gambling industry. The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025.  Active gaming and tech companies in the markets today include: Esports Technologies (NASDAQ: EBET), NeoGames S.A., (NASDAQ: NGMS), Score Media and Gaming Inc. (NASDAQ: SCR) (TSX: SCR), Boyd Gaming Corporation (NYSE: BYD), Penn National Gaming, Inc. (NASDAQ: PENN).

Key Points: 
  • According to Google Trends, gambling has moved online amid the closure of physical gambling venues coupled with cancellation of various sports events and tournaments.
  • The report projected that the global online gambling market, which was valued at US$44.317 billion in 2019, is expected to grow at a CAGR of 7.13% over the forecast period to reach a total market size of US$66.994 billion in 2025.
  • ResearchAndMarkets continued saying, "Growing popularity of betting across different regions around the globe is significantly driving the global online gambling market.
  • Moreover, proliferation of sports betting along with other online gambling ads is further attracting people to try online gambling, thus positively impacting the market growth during the forecast period."

Esports Betting On Pace To Reach Up To $8 Billion In Total Wagers This Year

Monday, September 20, 2021 - 3:45pm

According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.

Key Points: 
  • According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.
  • It continued: "Now in 2019 esports betting is one of the most exciting categories in the regulated gambling industry.
  • Even more so when combined with a U.S. sports betting market opening up state by state.
  • With new game titles constantly being released, and an ever-increasing population of esports fans, the trend is clear."

Esports Betting On Pace To Reach Up To $8 Billion In Total Wagers This Year

Monday, September 20, 2021 - 3:45pm

According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.

Key Points: 
  • According to an article by Venture Beat, one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $ 8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%.
  • It continued: "Now in 2019 esports betting is one of the most exciting categories in the regulated gambling industry.
  • Even more so when combined with a U.S. sports betting market opening up state by state.
  • With new game titles constantly being released, and an ever-increasing population of esports fans, the trend is clear."