Sonja Lindenberg

2 weeks ago | next.io | Sonja Lindenberg

Affiliate marketing giant Catena Media has sold its esports assets — esports.net and esportsbet.com — to an undisclosed buyer and exited the vertical. The sale was first reported by The Esports Radar and has since been confirmed by sources impacted by the move.

2 weeks ago | next.io | Sonja Lindenberg

The Netherlands Gambling Authority (KSA) may soon impose stricter restrictions on gambling advertising and operator conduct. Speaking at the Gaming in Holland conference on 5 June, Renske Fikkers, the KSA’s head of market supervision, painted a picture of a sector that has not lived up to early expectations, prompting political pressure and tougher enforcement. “Operating legally has to be profitable.

2 weeks ago | next.io | Sonja Lindenberg

Penn Entertainment pushed back late Friday (6 June) against a report from proxy advisory firm Institutional Shareholder Services (ISS) recommending shareholders vote for all three board nominees put forward by activist investor HG Vora Capital Management. In the ongoing proxy battle, the company reiterated its support for two of the nominees, Johnny Hartnett and Carlos Ruisanchez, while strongly opposing the third, former CFO William Clifford.

3 weeks ago | next.io | Sonja Lindenberg

Platform and games supplier Hacksaw Gaming has confirmed plans to list its shares on Nasdaq Stockholm. The proposed initial public offering (IPO) will consist entirely of existing shares sold by current shareholders, including company founders, board members, executives, and employees. The IPO was first rumoured in April. The offering will be open to the general public in Sweden, Denmark, Finland, and Norway, as well as to institutional investors in Sweden and internationally.

3 weeks ago | next.io | Sonja Lindenberg

Shares in PointsBet Holdings jumped 10.6% today (4 June) after the company revealed an improved takeover offer from Japan-based MIXI, escalating a high-stakes bidding war with rival suitor Betr. PointsBet announced it had agreed to revised terms with MIXI and its subsidiary MIXI Australia Pty, increasing the proposed cash consideration from A$1.06 to A$1.20 per share.