EveryMatrix

EveryMatrix’s Q2 – Record Quarterly Profit Margin

Leading iGaming tech supplier EveryMatrix has released its Q2 results, showcasing its highest-ever quarterly profit margin. The tier-1 provider reported a revenue of EUR 42.4 million ($46 million) across all products, reflecting a 57% year-on-year increase. Additionally, the company achieved a record-high profit margin of 59%. According to EveryMatrix, Q2 2024 marked its fifth consecutive […]

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Waterhouse

Waterhouse Faces $80K Fine for Encouraging a Player to Bet

Robbie Waterhouse, a prominent Australian bookmaker, is facing a hefty fine due to alleged misconduct. Allegations suggest that his platform, RobWaterhouse.com, enticed a player to continue betting after the player had chosen to close his account. Player’s Decision to Close Account In 2022, a customer reportedly requested the closure of their account following a disagreement.

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draftkings

Ex-DraftKings VP’s Battle Over Non-Compete Clause Centers on State Laws

In a significant legal battle over non-compete agreements, the First Circuit Court of Appeals is scrutinizing a former DraftKings executive’s attempt to join rival company Fanatics, despite his non-compete agreement. Michael Hermalyn, the former VP of marketing at DraftKings, is challenging the enforceability of his non-competition clause, a case with broader implications for employment law

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betblocker

BetBlocker Wins Prestigious Gambling Harm Prevention Award

BetBlocker, a UK-based charity offering free blocking software to help players manage their access to online gambling platforms, has been honored with the Jim Wuelfing Annual Award for Prevention at the 2024 National Council on Problem Gambling Awards (NCPG). In a LinkedIn announcement, BetBlocker celebrated its success at the awards ceremony held on July 19.

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Geolocation

US Geolocation Sector Sees Intense Competition

Competition within the geolocation sector is intensifying as more services emerge, according to SportsHandle. Previously, GeoComply and EPIC dominated their respective areas, but today’s market is far more saturated and competitive. In conversations with SportsHandle, representatives from both companies acknowledged that the increase in competition was anticipated. The Market Saturation Was Foreseen Sam Basile, VP

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Due Diligence Process

Due Diligence Process

The due diligence process in mergers and acquisitions (M&A) involves a comprehensive and systematic examination of a target company to evaluate its business, financial, legal, and operational aspects. This process is crucial for the acquiring company to make an informed decision and mitigate risks associated with the transaction. Here is a detailed explanation of the

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Advisors

Financial Advisors and M&A Advisors – Synergy

Key Insights This article highlights the critical partnership between Financial Advisors and M&A Advisors, stressing the need to align business, personal, and financial goals to ensure successful business transitions. Effective communication, clear role definition, and a holistic approach are crucial for navigating these complex transactions. Business owners reap the most benefits when these professionals collaboratively

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iGaming M&A

iGaming M&A Playbook: Essential Steps to Secure and Integrate Your Next Acquisition

In the dynamic world of iGaming, mergers and acquisitions (M&A) serve as pivotal strategies for growth and dominance. These complex transactions are akin to the thrilling fusion of powerful entities, reshaping the competitive landscape. This guide delves into the intricacies of iGaming M&A, offering real-world examples, explaining the M&A process, and emphasizing the importance of

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Mergers and Acquisitions

Navigating the Pitfalls of Mergers and Acquisitions: Key Insights and Strategies

Mergers and acquisitions (M&A) are strategic moves that can propel companies towards new heights of growth and market presence. However, these complex processes are fraught with potential pitfalls that can derail the anticipated benefits. To navigate these challenges effectively, it’s crucial to understand and mitigate common issues that arise during M&A transactions. Here are some

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Gambling Ads

Navigating Google’s Updated Policies on Gambling Ads

Google has recently revised its policies concerning gambling ads, a category renowned for its complexity. Adhering strictly to Google’s specific guidelines is now more crucial than ever. These updates emphasize the importance of marketers staying informed and compliant to maximize the potential of Google’s advertising platform while following its rules. Here’s what these updates mean

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