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Business
December 5, 2023
Kambi Group Proceeds with $3M Share Buyback Program
Kambi Group, a B2B provider of sports betting services and solutions, has unveiled a share buyback program. The company secured the buyback mandate at the Extraordinary General Meeting on June 19 and will now proceed to exercise it. According to Kambi’s board of directors, the buyback program is set to run until May 21, 2024, […]
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
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 […]