About this app
About Plushie Wins
While Ahlberg explains GiG is experiencing B2B headwinds, he also views the 888Africa deal as an opportunistic one. This is confirmed by Richards, who describes the acquisition as a “targeted, opportunistic move” with “compelling” economics.
In its currently ongoing takeover of Evoke Bally’s Intralot will retain the remaining 20% of 888Africa and will stay active in management.
Ahlberg agrees the €16.4 million valuation is attractive, with a deferred consideration of around €10.4 million that reduces the immediate cash burden.
How to play Plushie Wins
Citizens gaming analyst Jordan Bender wrote in a 16 Sept. note that with the NFL season now under way: “Genius should benefit from increased spending across both traditional sports betting and the emerging prediction market industry.”
Added Bender: Genius’ recent deals with Kalshi and Polymarket “have provided an incremental positive catalyst for [Legend founder] Mr Kisberg and team”.
“We think investors will be looking for signs that Genius can leverage Legend’s relationship to capture a larger share of the rapidly expanding sports betting and prediction market opportunity,” he aded in a note this week.
About Plushie Wins
I have to admit it’s a strange feeling knowing that it’s all coming to an end. I never actually thought that I would be here when they flipped the switch and turned off the lights at Calvinayre.com. I wouldn’t trade my time at Calivnayre.com for anything else in my professional career, it’s been an amazing ride. My pitch to get my foot in the door was simple, I wanted to work for the Rolling Stone of the casino world and without a doubt, it’s been the greatest education in my writing career.
My motivation for working at Calvinayre.com was having the privilege to work with some of the best creative minds in the gambling industry.
I want to thank Calvin for creating a platform that speaks to the gambling industry in a unique voice. He’s a guy who is not afraid to back his creative team, even in the face of a tough industry story. While Calivinayre.com is evolving, I will be following how he brings the same passion for business to the world of Bitcoin SV.