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This 11% holding is purportedly now worth just over billion after the newly-combined entity ended its first day of trading on the NASDAQ bourse with its shares being individually valued at .Key Partnership:Managing Director of Red Rake Malta, Nick Barr, commented on the strategic partnership in an official press release, saying…“This is a key partnership due to the synergies between the companies, and allows us to increase our foothold in already very strong markets for our games.”GVC landmark migration completed:The distribution agreement comes a day after GVC completed the migration of all Ladbrokes Coral brands on to the Group’s market-leading proprietary technology platform....
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Having acquired Ladbrokes Coral in March 2018, the landmark migration is the company’s largest and includes all of the acquired brands, with Ladbrokes, Coral, Gala Bingo, Gala Casino and Gala Spins all now on the GVC platform. GVC’s players will also have access to the Spanish developer’s top-performing partner games. It is a great testament to the sophistication of our technology and the quality of our teams, and it is particularly impressive that they have managed to finalise it during this period of remote working....
He has purportedly been joined on this decision-making body by the co-founders of DraftKings Incorporated, Matthew Kalish, Jason Robins and Paul Lieberman, as well as the millionaire creator of The Raine Group merchant bank, John Salter. We are very much looking forward to working with the team of professionals at GVC, and are confident we will mutually benefit from this collaboration.6 million shares as part of the recent amalgamation, which also involved a Friday public float....
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