Selling Businesses

Building a Career in Buying and Selling Businesses: Here’s How to Get Started

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Have you ever wondered how to turn buying and selling businesses into a successful career? We’ve mentioned it before, and it bears repeating: one of the most effective paths to financial freedom is through business acquisitions and sales. Today, we’re going to show you how to get started on this journey. If you’re interested in […]

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gross margin

Gross Margin vs. Net Margin: A Guide to Understanding Your Business’s Profitability

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As a business owner, grasping your company’s financial health is vital. One crucial aspect of this is evaluating your profit margins, particularly gross margin and net margin. This article will compare gross margin vs. net margin, helping you understand how each affects your business’s profitability. What is Gross Margin? Gross margin is a basic yet

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Selling Your Business

Selling Your Business to a Competitor

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When approached by a competitor interested in buying your business, maintaining the security and confidentiality of your business details is crucial. This guide provides strategies to help protect your sensitive information while navigating the sale process. Executive Summary A competitor recently expressed interest in acquiring my business. While I’m open to discussions, I have concerns.

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Thailand

Thailand Moves Closer to Legalizing Casino Industry Under New Prime Minister

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On Friday, September 6, Thailand welcomed its new prime minister, Paetongtarn Shinawatra, who is expected to oversee the introduction of legislation that could lead to the establishment of up to five casino resorts in the country. During a recent public consultation, an overwhelming 80% of attendees supported the proposal initially presented by former Prime Minister

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betway

Chelsea FC Partners with Betway as New Official European Betting Sponsor

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Chelsea Football Club has announced a new partnership with Betway, a brand under Super Group, making Betway the Premier League team’s Official European Betting Partner. As part of this collaboration, Betway’s logo will be prominently featured on the LED advertising boards at Stamford Bridge during all domestic matches. Additionally, Betway and Chelsea FC will work

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gambling

Belgium Enforces New Ban on Gambling for Those Under 21

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Belgium has introduced new regulations that set the minimum gambling age at 21 across all forms of gambling. This standardization brings sports betting, arcades, and bingo in line with land-based casinos, which have required players to be at least 21 since 2018. The decision, finalized in February 2024 and enacted by royal decree last month,

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DraftKings

DraftKings to Acquire In-Play Betting Company Simplebet

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DraftKings announced on Wednesday, August 28, its agreement to acquire Simplebet, a move aimed at enhancing its in-play betting capabilities and advancing its AI-driven offerings. This acquisition marks DraftKings’ second significant purchase of the year, following its acquisition of digital lottery company Jackpocket in May. Earlier in the year, DraftKings also acquired SportsIQ Analytics and

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Australian Gambling Helpline Advocates for Comprehensive Ad Ban to Safeguard Vulnerable Groups and Children

Australian Gambling Helpline Advocates for Comprehensive Ad Ban to Safeguard Vulnerable Groups and Children

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The Self Help Addiction Resource Centre (SHARC), an Australian charity focused on addiction support, has endorsed a comprehensive ban on gambling advertisements to protect children and individuals at risk of gambling-related harm. The Australian government is currently considering a scaled-back version of the blanket gambling ad ban that was proposed in the 2023 Murphy Report.

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Evoke

Evoke Acquires Winner.ro in a Strategic €10 Million Deal to Strengthen Romanian Market Presence

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Evoke, the operator behind renowned brands such as William Hill, 888, and Mr Green, has strategically acquired New Gambling Solutions S.R.L., the company that operates Romania’s Winner.ro. This move will see Evoke integrate its existing Romanian operations and invest €10 million ($11.12 million) for a 51% stake in the firm. The acquisition will merge 888.ro

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