Stanbic Holdings Plc

Online Gambling Market in US is to grow by USD 41.82 billion from 2022 to 2027, market is fragmented due to the presence of prominent companies like 888 Holdings plc, Ballys Corp. and Bet365 Group Ltd., and many more - Technavio

Retrieved on: 
Wednesday, October 11, 2023

The online gambling market in US is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The online gambling market in US is fragmented owing to the presence of many global and regional companies.
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    888 Holdings plc - The company offers online gambling under brands such as 888sport, 888poker, Mr Green, and SI Sportsbook.
  • Ballys Corp. - The company offers online gambling such as poker which includes seven card studs, ring games, Omaha Hi-Lo, and Omaha Hi.
  • Betsson AB - The company offers online gambling such as online casinos, live casinos, and sports betting.

Caesars Entertainment, Inc. Announces Revised Agreement to Sell William Hill Non-US Assets to 888 Holdings Plc

Retrieved on: 
Thursday, April 7, 2022

LAS VEGAS and RENO, Nev., April 7, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today announced a revised agreement to sell the non-US assets of William Hill to 888 Holdings Plc for a revised enterprise value of between 1.95 billion and 2.05 billion.

Key Points: 
  • LAS VEGAS and RENO, Nev., April 7, 2022 /PRNewswire/ -- Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") today announced a revised agreement to sell the non-US assets of William Hill to 888 Holdings Plc for a revised enterprise value of between 1.95 billion and 2.05 billion.
  • The revised agreement reflects a 250 million reduction in consideration payable at closing and Caesars being entitled to receive up to 100mm as deferred consideration subject to the enlarged business of 888 Holdings Plc meeting certain 2023 financial targets.
  • The transaction is subject to receipt of the approval of shareholders of 888 Holdings Plc and regulatory approvals.
  • Since its beginning in Reno, NV, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions.

Kenya Banking Industry Report 2021 Featuring Standard Chartered, Stanbic, Equity Bank, KCB Group, Paramount, Middle East Bank, Faulu and Muungano - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 9, 2022

The "The Banking Industry in Kenya 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The Banking Industry in Kenya 2021" report has been added to ResearchAndMarkets.com's offering.
  • This report covers the Kenyan banking industry, focusing on commercial banks and also including the central bank, microfinance and mutual funds such as local credit and savings unions and community-based financial services associations.
  • It includes comprehensive information on the size and state of the industry, the performance and developments of major industry players, corporate actions and industry developments.
  • There are profiles of 56 companies including notable commercial banks such as Standard Chartered, Stanbic, Equity Bank and KCB Group, smaller banks including Paramount and Middle East Bank and microfinance banks such as Faulu and Muungano.

USD 114.21 Bn growth in Online Gambling Market | Dominated by 888 Holdings Plc, bet365 Group, and Betsson Ab among others | Technavio

Retrieved on: 
Friday, February 4, 2022

NEW YORK, Feb. 4, 2022 /PRNewswire/ --Online Gambling Market: Overview

Key Points: 
  • NEW YORK, Feb. 4, 2022 /PRNewswire/ --Online Gambling Market: Overview
    The global online gambling market will witness an incremental growth of USD 114.21 billion between 2019 and 2024, according to the latest market research report by Technavio.
  • However, the growth momentum is expected to decelerate at a CAGR of over 11% during the forecast period.
  • The market will be driven by the rising popularity of freemium models and increasing partnerships between restaurants and online food delivery aggregators.
  • But the threat from direct delivery services offered by restaurants will reduce the growth potential in the market.

Digital Promotions, Partnerships with Sports Channels to Offer Growth Opportunities in Internet Sports Betting Market, Says TMR

Retrieved on: 
Thursday, August 19, 2021

The transition from physical betting to online betting due to the strict COVID-19 regulations is likely to fuel market growth.

Key Points: 
  • The transition from physical betting to online betting due to the strict COVID-19 regulations is likely to fuel market growth.
  • Players in the Internet sports betting market are striving to provide a good user experience to expand their consumer base.
  • These factors will present an array of growth opportunities for the players in the Internet sports betting market.
  • The transition of betting from a traditional brick-and-mortar setting to online betting during the pandemic has positively impacted the Internet sports betting market.

Digital Promotions, Partnerships with Sports Channels to Offer Growth Opportunities in Internet Sports Betting Market, Says TMR

Retrieved on: 
Thursday, August 19, 2021

ALBANY, N.Y., Aug. 19, 2021 /PRNewswire/ -- The Internet sports betting market is expected to garner considerable growth, owing to an increase in online betting due to the COVID-19 pandemic lockdown and the relaxations in regulations regarding betting across different regions.

Key Points: 
  • The transition from physical betting to online betting due to the strict COVID-19 regulations is likely to fuel market growth.
  • Players in the Internet sports betting market are striving to provide a good user experience to expand their consumer base.
  • These factors will present an array of growth opportunities for the players in the Internet sports betting market.
  • The transition of betting from a traditional brick-and-mortar setting to online betting during the pandemic has positively impacted the Internet sports betting market.