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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 .6 million shares as part of the recent amalgamation, which also involved a Friday public float.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....
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23. 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.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....
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.5m Ladbrokes customers.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....
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