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Business
July 1, 2021
Melco Resorts Boss to Launch SPAC-based IPO in the US
The use of a special purpose acquisition company (SPAC) in order to gain access to a public exchange has picked up steam over the past couple years, especially in the gaming industry. It’s how companies like DraftKings, Super Group Holding Co. and others have been able to target a wider pool of investors. A new […]
Business
May 20, 2021
Jam City and DPCM Capital Announce $1.2B Merger Agreement
Developer of mobile games Jam City is set to become the next company to go public via a merger with a special purpose acquisition company (SPAC) after a definitive agreement with DPCM Capital for the combination was announced today. “We believe Jam City is at the forefront of mobile gaming, and its unique Games-as-a-Service model […]
Business
April 20, 2021
Genius Sports Completes $1.5B dMY Technology II Merger
Genius Sports Group, a UK-based sports betting data company, announced today its ongoing merger with dMY Technology Group II was completed following the approval of the combination at a special meeting of the shareholders of the SPAC. New Chapter Begins Genius Sports Group and the special purpose acquisition company entered into a definitive agreement for […]
Business
April 7, 2021
Genius Sports Group Changes Name Ahead of NYSE Debut
Genius Sports Group has changed its name to Genius Sports in a bid to take on a unified approach with the aim of strengthening its value proposition and serving its partners’ needs. Genius Sports Consolidates All Subsidiaries Under One Umbrella Sports data and technology services provider for betting operators, Genius Sports Group, has unveiled it […]
Business
January 21, 2021
BETZ Boosts with Bally’s, dMY Technology II, FDJ and Bragg
Investment adviser Roundhill Investments which manages 3 exchange-traded funds (ETFs) among which NYSE-traded BETZ, added 4 new stocks to the holdings of the gaining popularity sports betting and iGaming ETF. The Roundhill Sports Betting & iGaming ETF (BETZ ETF) managed by the New York-based investment company and rebalanced on a quarterly basis, bolstered its portfolio […]
Business
January 19, 2021
Genius Sports Files ISO Statement with SEC, Awaits $1.5 Billion Merger Approval
Genius Sports has filed an ISO statement with SEC to merge with dMY II and go public with its new holding company Galileo NewCo. Shareholders Have Approved the Merger Betting data supplier Genius Sports Group and special-purpose acquisition company dMY Technology Group II’s anticipated $1.5 billion merger agreement will form Galileo NewCo, a new holding […]
Business
October 27, 2020
Genius Sports Goes Public, Merges with dMY Technology Group II
UK-based sports betting data provider Genius Sports announced today it entered into a definitive business combination agreement with the special purpose acquisition company (SPAC) dMY Technology Group II. Genius Sports Will Trade on the NYSE The $1.5 billion deal with the blank-check company will allow Genius Sports to start trading on the New York Stock […]