Sprint Nextel adds users

first_img Show Comments ▼ Thursday 10 February 2011 8:42 pm SPRINT Nextel added mobile subscribers for the first quarter in more than three years, sending its shares up five per cent.The Number Three US mobile service added 58,000 subscribers in the quarter, ahead of the average expectation for almost 17,000 customer additions from analysts.While the customer number was tiny compared with growth at bigger rivals Verizon Wireless and AT&T, it marked a milestone for Sprint, which last reported contract customer growth in the second quarter of 2007.While several analysts expect Sprint to revert to a customer loss again this quarter, they applauded its promise to report subscriber additions for the full year 2011, which would mark the first full year of growth since 2006. whatsapp Share whatsapp center_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldBetterBe20 Stunning Female AthletesBetterBeWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”Wanderoam Sprint Nextel adds users KCS-content last_img read more

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BP offers TNK-BP a role in Rosneft deal

first_img Show Comments ▼ Friday 11 February 2011 6:53 am alison.lock Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoFactableThis Is What Historical Figures May Have Really Looked LikeFactableUndoMovie JewelInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeMovie JewelUndoGameday News40 Abandoned Stadiums That Once Made Sports HistoryGameday NewsUndogazillions.comCelebrities Side By Side With Their Younger Selvesgazillions.comUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndobonvoyaged.comYour IQ Is 142 If You Get 15/20 On This General Knowledge Quizbonvoyaged.comUndoTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastUndoDefinitionFake Reality Shows That People Believed Were RealDefinitionUndo whatsapp whatsappcenter_img More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Share BP offers TNK-BP a role in Rosneft deal BP has offered its Russian venture TNK-BP a chance to join its partnership with Rosneft, TNK-BP’s deputy CEO has told reporters, signalling a possible resolution to a row.“We had an offer from BP … about its agreements with Rosneft. For the company, obviously, the partnership would be interesting,” Maxim Barsky told reporters on a visit to an oil-rich West Siberian region.“The company is reviewing the offer and we will present it at the board of directors on February 18.”He gave no further details of BP’s proposal.The British major and Rosneft, Russia’s biggest oil producer, earlier this year struck a share swap deal which will see them jointly explore the Arctic for oil.The deal drew opposition from AAR, the consortium of Russian shareholders in TNK-BP, who said it violated their shareholder agreement and secured a London court injunction to freeze the deal.Under a shareholders’ agreement between BP and a Moscow-based consortium of investors with whom it evenly divides control of No. 3 Russian oil producer TNK-BP, the TNK-BP board has right of review over BP’s other Russian activities.BP declined to comment on Barsky’s remarks.“We haven’t heard about these proposals and we don’t know what are they about,” a Rosneft spokesman told Reuters.Barsky said he hoped that differences between BP and Russian shareholders in TNK-BP would be soon resolved. Tags: NULLlast_img read more

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Northern Rock issues bonds

first_imgTuesday 22 March 2011 9:01 pm whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapp Show Comments ▼ KCS-content Share Northern Rock has launched its first public securitisation issue in a deal which could raise some £370m. Northern Rock , which was nationalised after nearly collapsing during the credit crisis, said the size of the transaction was expected to represent around two per cent of its £18.6bn balance sheet – implying it could be worth roughly £370m. The retail and mortgage bank added that the cash raised would help diversify its funding base. Northern Rock was nationalised three years ago after becoming the first major British bank in more than 150 years to suffer a bank run. The government has long been keen on returning the bank to the private sector, since selling Northern Rock would raise cash to cut the UK deficit and analysts consider an eventual sale likely. Northern Rock issues bonds Tags: NULLlast_img read more

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Cable to look at Lloyds case

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap whatsapp Cable to look at Lloyds case Monday 28 March 2011 12:41 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com BUSINESS secretary Vince Cable will take legal advice on publishing a dossier that could be potentially embarrassing for his predecessor Peter Mandelson and shine a light on Lloyds TSB’s merger with HBOS, he told City A.M. yesterday.It is the first sign that Cable could push for the release of a document that he called on Mandelson to publish before the General Election. The document relates to a case brought against Lloyds’ tie-up with HBOS by a group of Scottish businessmen, who said it was un-competitive.A “secret dossier” was allegedly compiled to support the government’s argument, with all parties on the case then sworn to silence.Lloyds Action Now, a group of Lloyds shareholders currently suing the government and the bank’s former directors, say that the document would reveal that Mandelson did not adequately inform the courts that HBOS had drawn on £25.4bn of emerging funding.They claim the revelation could have had a crucial impact on the courts’ decision to allow the merger and recently filed a freedom of information calling on Cable to publish it.Cable told City A.M. that he is not sure what the current legal position is but said: “Now that you’ve pointed it out to me, I will certainly make inquiries as to what the position is.”He added he intends to prioritise “the broad principle that we must have as much transparency as possible over a merger that was very damaging for shareholders”.Lloyds declined to comment. center_img Tags: NULL KCS-content whatsapp Show Comments ▼ Sharelast_img read more

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Car sales fall in March for ninth month in a row

first_img Tags: NULL whatsapp Share Car sales fall in March for ninth month in a row whatsapp KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wrap CAR sales in the UK are still below pre-recession levels and have been declining for nine consecutive months, according to a report by the Society of Motor Manufacturers and Traders (SMMT).A total of 366,101 new 11-plate cars were registered in March, a 7.9 per cent slump in like-for-like sales on the same period last year. Last year’s sales, however, were bolstered by the government scrappage scheme, meaning a better than expected result was registered, with actual sales up 5.9 per cent if the incentive volumes are excluded, the SMMT said.On a greener note, average new car emissions for the first quarter of 2011 were at a record low of 140.3gms per kilometre, down 3.4 per cent compared to last year.Alternative fuel car sales were up 27.3 per cent, marking a widespread change in consumer attitude as the US reports a 37 per cent increase in hybrid and electric car sales in the first quarter of 2011, according to research firm Edmunds.com. Show Comments ▼ Wednesday 6 April 2011 7:39 pmlast_img read more

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Ensco sees profits fall by 66pc

first_imgWednesday 20 April 2011 9:01 pm Share whatsapp Offshore driller Ensco reported a 66 per cent fall in first-quarter profit yesterday as it said day rates for its rigs fell. London-based Ensco, poised to become the world’s second-largest offshore driller following its $7bn (£4.3bn) takeover of Pride International, said it was also affected by a seven per cent decline in usage of the rigs. Net profit fell to $64.6m from $189.8m a year before, while revenue fell 19.4 per cent to $362m. The results came exactly a year after BP’s Gulf of Mexico blow-out. KCS-content Show Comments ▼ Ensco sees profits fall by 66pc whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Tags: NULLlast_img read more

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Stars Group raises $622m via public offering

first_img Tags: Card Rooms and Poker Online Gambling Stars Group raises $622m via public offering The Stars Group has generated approximately $622m (€535.1m) via a public offering to help fund its acquisition of Sky Betting & Gaming (Sky Bet) Email Address Subscribe to the iGaming newsletter The Stars Group has generated approximately $622m (€535.1m) via a public offering to help fund its acquisition of Sky Betting & Gaming (Sky Bet). Announced last week, the offering featured common shares priced at $38 per share. The group sold a total of 17,000,000 common shares, while certain shareholders in Stars Group sold off 8,000,000 common shares. Stars Group and selling shareholders have granted underwriters for the offering an over-allotment option to purchase up to 1,875,000 and 1,875,000 additional common shares, respectively. This option is exercisable for a period of 30 days from June 21. Stars Group intends to use the net proceeds from the offering to help finance its purchase of Sky Bet, which it agreed to acquire in April for $4.7bn.Related articles: Stars Group proposes public offering to fund Sky Bet deal Stars Group to acquire Sky Betting & Gaming for $4.7bncenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games Topics: Casino & games Finance Strategy Poker 27th June 2018 | By contenteditorlast_img read more

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FDJ smashes records thanks to World Cup glory

first_img Regions: Europe Western Europe France French gaming giant Française des Jeux (FDJ) will not be privatised until at least next year the company has confirmed as it announced record sports betting and digital takings boosted by France’s FIFA World Cup win.As it released its H1 results, FDJ said it took €333m ($390m) in bets over the course of the World Cup, which was up 75% on the 2014 tournament, and well above the conservative pre-tournament estimate of €200m, as punters warmed to France’s triumph in Russia. FDJ’s total was just less than half the €690m in total bets made in France during the tournament, according to new industry-wide figures released by Arjel.The France-Croatia final itself generated €67m across the sector, according to Arjel, with FDJ’s €32m a record for bets on a single match.FDJ said in a trading update: “These good results are explained by the extraordinary career of the Blues [national team], by the efforts of the company in terms of supply, accessibility and listing, as well as by the influx of French [punters] in the bar-tobacco-press following the games.”FDJ said that in the six months to June 30 – so just half way through the World Cup – digital bets amounted to €1.2bn, up more than 54%. They made up 15% of total bets, which is still some way short of the company’s goal of reaching 20% by 2020.In total the company brought in €7.9bn in the first six months of the year up 5.3% on last year. €1.6bn in sports betting takings was up by almost 25%.By the time France come to defend their World Cup title in 2022, FDJ – which is part state-owned – could well be a private entity. Last June, a draft law was introduced which set out plans to sell off at least some of the government’s 72% share.Speaking about the future of the company, CEO Stéphane Pallez told AFP that parliamentary debates lasting until at least the end of this year mean there will be no progress until 2019.Pallez said that the proposed sale would offer an opportunity for the company to “remain one of the leaders in the sector. You need to be able to continue to grow, especially internationally.”She added: “Having open capital can be an opportunity to involve partners. If the state decided to quote the company, it could also be an opportunity to have an offer to the general public, but that is only one of the options.”Meanwhile, FDJ will be a more visible presence in French football next season after it announced partnerships with Lyon, Monaco and Nantes. It also agreed a deal with Marseille last month, with the four partnerships following a previous agreement with the Professional Football League (LFP). Future looks bright for French gambling giant, but CEO says privatisation won’t come any time soon  FDJ smashes records thanks to World Cup glory Finance Topics: Finance Sports bettingcenter_img 20th July 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img read more

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Interview: Buckley begins Nektan tenure

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games Regions: Asia Europe US Lucy Buckley has taken an unusual route to reach her first CEO role in the industry. Having originally worked for an external agency handling what was then Inspired Gaming Group’s PR account, she shifted in house, then rose through the ranks as a key executive to become its vice president of interactive. Having moved on from that business, she has now taken on a new challenge as Nektan chief executive.While Buckley becomes Nektan’s first permanent CEO for the business since Leigh Nissim vacated the seat for a position at Scientific Games in June 2017, the business has hardly stood still in the time since. Having originally begun life as a white label business, Nektan has since expanded significantly, launching a B2B division offering its E-Lite content aggregation platform, and is expecting to break even by the end of its current financial year in June 2019.It’s this hybrid B2B-B2C model that appealed in particular to Buckley when weighing up Nektan’s offer.“I was particularly interested in working in a role purely in the interactive space and excited by the prospect of running a business covering both the B2C and B2B sectors,” she says. “Nektan is underpinned by strong technology, has a great startup culture, and is at a critical point in its expansion plans, so it’s a really exciting time to be joining.”While her role at Inspired was very commercially-focused, she says the Nektan CEO role is centred around technology, as well as expanding its distribution network. This is especially key considering the business’ move into content aggregation, she notes, with four new partners launching in the last few months of 2018, including BetVictor and 1XBet, and 10 clients live in total.This has driven impressive growth – albeit from a low base – in recent results. Total revenue for the second quarter of the year, ended December 31 2018, was £8.6m, up 28.4% quarter-on-quarter and 83% year-on-year. While the supplier’s white label business, comprising 145 sites, remains the key source of revenue, the B2B division is growing in prominence.“BetVictor going live on the E-Lite platform was a landmark deal for us, demonstrating the quality and appeal of our offering to global operators of all sizes,” Buckley says.Key to the growth of E-Lite is the focus on differentiation, providing smaller studios with a remote games server to deploy content in regulated European markets. This, Buckley says, provides a platform – literal and metaphorical – for innovative developers to carve out market share.One of these partners, Rising Entertainment, is a Japanese studio with a background in the pachinko market. Two of Rising Entertainment’s titles are now live via E-Lite. To give its suppliers a better chance of gaining traction in the crowded online slot market, Nektan also provides a range of bonusing tools, such as free spins, allowing its operator and white label clients to devise multi-supplier marketing campaigns around specific games.As it straddles the B2C and B2B sectors, Nektan also allows partners to launch its games as B2B products via E-Lite, as well as via its white label network.However this focus on growing its B2B and white label businesses looks set to lead to Nektan taking a step back from its US aspirations. It originally established Respin, a joint venture with Spin Games to offer in-venue mobile gaming products to casinos, in November 2014. Nektan then took full control of the JV, and now looks set to sell a controlling stake in the division to an unnamed investor.Buckley denies that this is a sign that the project has failed: “We still really believe in our technology and the opportunity presented to us by the US market,” she says. “We’ve got a compelling product, as well as a number of operator partners ready to go live and more prospective clients in the pipeline.“We feel however, we need a partner to accelerate that growth in the US; the division originally launched as a joint venture with Spin Games before we took full ownership,” she explains. “So in effect, it has always ran as a subsidiary of the main business – therefore isn’t really a major change.”She also refutes the suggestion that the growth opportunity presented by on-premises igaming has proved to be less lucrative than many in the industry initially believed.While igaming presents a fantastic opportunity in New Jersey and Pennsylvania, she says, this is just two states from a potential 50.“Having a mobile on-premise solution is really critical for operators in states that want to engage with players through digital channels, and to prepare players for a full iGaming roll-out [when regulation permits],” she says. “It’s a stepping stone on the way to a full interactive strategy, so there’s still a lot of excitement around the on-premise product.”Nektan aims to prove this by announcing its launch with what Buckley says is a “tier one operator”, as well as converting a pipeline of opportunities across the states but in California in particular into new deals.Despite these opportunities, she says it is still important to bring in third-party investment to the US division as Nektan looks to reduce cash burn and become EBITDA positive. Growth in Europe and Asia, coupled with ceding control of the US arm to an investors, sets it on course to achieve this by the end of June this year.This shift to profitability, coupled with the growth of the B2B division, means Buckley is optimistic for the year ahead, especially as consolidation sees other platform providers and studios swallowed up by larger competitors.“We remain totally independent, which allows us to attract leading partners in the industry,” she says. ‘We’re working towards becoming the default casino module provider for a number of sportsbooks, and will be launching a number of new clients in the coming months. This will be key to our growth in 2019.” Subscribe to the iGaming newsletter Email Address Tags: Mobile Online Gambling Topics: Casino & games People Strategy Tech & innovation Lucy Buckley has moved on from Inspired Entertainment, where she rose from doing the supplier’s PR to running its interactive division. As Nektan’s new chief executive explains why she believes the supplier is set for a stellar year Interview: Buckley begins Nektan tenure 5th February 2019 | By contenteditorlast_img read more

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Stats snaps up Perform to create data giant

first_img US sports data giant Stats has struck a deal to acquire Perform, the digital sports media and content provider that operates the Opta, RunningBall and Watch&Bet services for gaming industry partners and sports media companies.The value of the deal, which is expected to close in the second half of 2019, was not disclosed.Perform Group changed its name to DAZN Group in October and separated its online-streaming and B2B units with the creation of the Perform Content division, paving the way for a likely spin-off.Vista Equity Partners has helped to fund the fund the transaction, with DAZN set to receive a combination of cash and a minority shareholding in the newly formed company. PJT Partners served as exclusive financial advisor to DAZN and Perform for the deal.Perform Content posted a 41% increase in turnover to £278m in the 12 months through to December 2017.The merger has been announced just days after Perform sealed an agreement to become an authorised betting data distributor in the US for North America’s Major League Baseball.Perform already collects and distributes data from various other major sports league from around the world via its RunningBall fast data service, including football’s English Premier League and LaLiga in Spain.In February, Perform unveiled Bet365 and SkyBet as the launch partners for its new Opta Fast Player Statistics Feed real-time data service.Simon Denyer, the chief executive of Perform’s parent company, DAZN Group, said that all net proceeds from the deal would be invested into DAZN, which operates streaming services in various markets worldwide, as well as other online assets such as the football-dedicated website Goal.com.Stats CEO Carl Mergele was keen to stress the opportunity to establish a new entity that will aim to break new ground in technological innovation.“Bringing Perform into the fold will create the most advanced artificial intelligence company in sports, providing deeper, more robust data and insights, which is essential to our global partners,” he said.“Not only will we be able to improve our offerings to existing customers, we now have the opportunity to expand our presence in global markets where Perform has paved inroads for years as a leader in digital sports content.”Perform was previously listed on the London Stock Exchange before returning to the hands of previous owner Access Industries, the privately-owned industrials group controlled by Len Blavatnik.“The combination of STATS and Perform creates a powerful opportunity as the experience of sports for consumers continues to evolve,” Blavatnik said.Vista Equity Partners founder, chairman and CEO Robert Smith added: “Stats and Perform are two exceptional, highly complementary companies with extensive backgrounds as industry innovators that will deliver superior products to customers as one combined entity.” Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 15th April 2019 | By contenteditor Stats snaps up Perform to create data giant Topics: Finance Sports betting Finance US sports data giant Stats has struck a deal to acquire Perform, the digital sports media and content provider that operates the Opta, RunningBall and Watch&Bet services for gaming industry partners and sports media companies. Email Addresslast_img read more

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