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Last month’s reverse merger of American online sports wagering innovator DraftKings Incorporated with iGaming technologies firm SBTech Malta Limited has reportedly transformed the founder of the latter firm into an instant billionaire.Having acquired Ladbrokes Coral in March 2018, the landmark migration is the company’s largest and includes all of the acquired brands, with Ladbrokes, Coral, Gala Bingo, Gala Casino and Gala Spins all now on the GVC platform.5m Ladbrokes customers....
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Particularly prominent:Forbes.com reported that 43-year-old Meckenzie served as a director of SBTech Malta Limited until May of 2014 and helped to transform the company into one of the industry’s leading providers of online casino and sportsbetting platforms.For its part, GVC Group Director of Commercial Management, Obdulio Bacarese, said…“We are truly excited to be working with Red Rakebest rtg casinos australia otht Gaming, a provider that continues to bring innovative new themes to the market....
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Key Partnership:Managing Director of Red Rake Malta, Nick Barr, commented on the strategic partnership in an official press release, saying…“This is a key partnership due to the synergies between the companies, and allows us to increase our foothold in already very strong markets for our games. Red Rake Gaming’s diverse portfolio is a fantastic addition to our ever-expanding content across our sites.For its part, GVC Group Director of Commercial Management, Obdulio Bacarese, said…“We are truly excited to be working with Red Rakebest rtg casinos australia otht Gaming, a provider that continues to bring innovative new themes to the market....
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This 11% holding is purportedly now worth just over billion after the newly-combined entity ended its first day of trading on the NASDAQ bourse with its shares being individually valued at .5m Ladbrokes customers.Integration details:Included in the distribution are Red Rake’s latest releases; Gustav Minebuster, a mining-themed cluster slot with a win potential of up to 20,000x; Mother of Horus, the fast-rising star complete with extra spins, fixed jackpots and non-stop action; and Million 7, a 10×6 video slot that offers players a million ways to win; along with the recently-released, Secrets of the Temple....
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This 11% holding is purportedly now worth just over billion after the newly-combined entity ended its first day of trading on the NASDAQ bourse with its shares being individually valued at . We are very much looking forward to working with the team of professionals at GVC, and are confident we will mutually benefit from this collaboration. As a result, we are confident in our ability to take advantage of the attractive M&A opportunities which we believe will present themselves to us in the future while further boosting the growth of our existing business,” explained Segev....
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