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Business
May 24, 2024
Kindred Announces Major Shifts in Shareholding
Kindred Group, one of the world’s leading iGaming operators with business across several continents, has announced changes in the stakes held by two of its most prominent shareholders. In three consecutive updates, the company announced that The Goldman Sachs Group and JPMorgan Chase & Co have modified their respective shares in the company. Both companies […]
Business
November 15, 2023
Rivalry Secures $10M Investment from a Shareholder
Rivalry, a leading iGaming and online sports betting company, has secured a CAD 14 million (roughly $10.23 million) investment for an undisclosed existing institutional shareholder. The agreement represents a non–brokered private placement offering of convertible debentures under which each convertible debenture will consist of CAD 1,000 principal amount of 10% senior secured convertible debentures of […]
Business
November 8, 2023
Entain’s Leadership Increases Its Stake in the Company
Gambling group Entain recently published its Q3 results, inspiring trust in the company’s position and the value of its shares. As a result, many members of the company’s board of directors have purchased Entain shares. The company’s chief executive officer Jette Nygaard-Andersen, for example, purchased more than doubled her shareholding from 31,000 shares to 65,400 […]
Business
May 2, 2022
Corvex Management Nearly Doubles Stake at Kindred Group
Online gambling company Kindred Group received a notification from one of its shareholders, New York-based hedge fund Corvex Management, for a major change in its holdings at the company, the Malta-regulated business announced in a filing Friday. On Par with Capital Group Making the information public pursuant to the Listing Rules of the Malta Financial […]
Business
June 17, 2020
DraftKings and BetMakers Each Raise Funds to Continue with US Push
Sports betting platforms DraftKings and BetMakers are continuing their expansion in the US by offering new shares to raise additional capital. Some 33 Million Shares to Be Sold by DraftKings as Companies Aim at US Expansion Announced yesterday, June 16, the sports betting operator DraftKings shared its intention to initiate a public offering, launching 33 […]
Business
May 12, 2020
George Soros Among the High-Profile Investor Names Behind DraftKings
DraftKings Inc, the recently listed on the NASDAQ sports betting and online gambling company, has some high-profile names among its shareholders. Besides The Walt Disney Company that ended up as a passive investor into the fantasy sports and sports book provider through the acquisition of Fox Sports, it turns out Quantum Partners, the investment vehicle […]