Sunday, December 22

Tag: Gambling Industries

Entain CEO Jette Nygaard-Andersen Steps Down
13Dec By adminNo Comments
World

Entain CEO Jette Nygaard-Andersen Steps Down

Entain said Wednesday that Chief Executive Officer Jette Nygaard-Andersen will step down from the group with immediate effect and be replaced by nonexecutive Director Stella David on an interim basis.The FTSE 100 betting-and-gambling group said David will remain in the role until a full-time replacement has been found.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tech, Media & Telecom Roundup: Market Talk
30Nov By adminNo Comments
World

Tech, Media & Telecom Roundup: Market Talk

The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.0834 GMT – ASML Co-Presidents Peter Wennink and Martin van den Brink are set to retire upon completion of their current appointment terms, which creates some uncertainty, Citi analysts say in a note. However, Citi adds that it doesn’t anticipate any major change in ASML’s strategy or targets knowing that the Dutch semiconductor company has been preparing for such an event for some time, and with Christophe Fouquet—who has been at ASML for 15 years—assuming the role of president. Shares are down 1.21% at 53724.33 pence. ( najat.kantouar@wsj.com)Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ...
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Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
29Nov By adminNo Comments
World

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban, a source familiar with the deal said Tuesday.Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87...
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Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family
29Nov By adminNo Comments
World

Mark Cuban Is Set to Sell Majority Stake in Dallas Mavericks to Adelson Family

One week before the NBA touches down in Las Vegas for the final of its inaugural In-Season Tournament, Sin City has forged another link to the hardwood. The family of the late casino mogul Sheldon Adelson has agreed to buy a majority stake in the Dallas Mavericks from entrepreneur Mark Cuban, a source familiar with the deal said Tuesday.Las Vegas Sands disclosed plans by Miriam Adelson, Sheldon Adelson’s widow, to sell an estimated $2 billion in stock in the company, which a regulatory filing said would be “used to fund the purchase of a majority interest in a professional sports franchise…subject to customary league approvals.” NBA reporter Marc Stein first reported that the franchise in question would be the Mavericks.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87...
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Casino Confirms It Has Received Expressions of Interest for the Sale of Stores
27Nov By adminNo Comments
World

Casino Confirms It Has Received Expressions of Interest for the Sale of Stores

Casino Guichard-Perrachon said that it has received preliminary expressions of interest for the acquisition of hypermarket and supermarket stores.The company and a consortium led by EP Equity Investment will analyze these expressions of interest in the coming weeks, the French supermarkets owner said on Monday, as any disposal is subject to the approval of the consortium according to the lock-up agreement of Oct. 5.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Las Vegas Strip Workers Reach Tentative Deal with Wynn Resorts
10Nov By adminNo Comments
World

Las Vegas Strip Workers Reach Tentative Deal with Wynn Resorts

Unions representing Las Vegas Strip workers reached a tentative deal with Wynn Resorts for a new contract, averting a strike scheduled to start Friday morning.The Culinary and Bartenders unions said that with just three hours left before their early-morning strike deadline, Wynn tentatively agreed to a new five-year contract covering more than 5,000 employees at two Las Vegas properties.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Trading Startup Sues Regulator in Effort to Launch Election-Betting Market
1Nov By adminNo Comments
Money

Trading Startup Sues Regulator in Effort to Launch Election-Betting Market

WASHINGTON—An online-trading startup is suing the federal government after regulators blocked its plan to let people bet on U.S. elections.The company, Kalshi, said in a complaint filed Wednesday in the U.S. Court of Appeals for the D.C. Circuit that the Commodity Futures Trading Commission was “arbitrary, capricious and otherwise contrary to law” when it rejected the proposal to launch a market for derivatives tied to results of congressional elections. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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