Number Crunching - MLB, Stars Group, LeoVegas

Number Crunching - MLB, Stars Group, LeoVegas

Wednesday, March 7, 2018 Posted by Joseph Streeter
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Breaking down all the week's news into a set of easy to manage figures

£65 million - Online gambling operator LeoVegas AB has confirmed that it has concluded its £65 million acquisition of UK-focused Intellectual Property & Software Limited (IPS).

Giving an update after the acquisition, LeoVegas said it “has pursued a global brand strategy that is very successful. In larger markets, the group’s two global brands, LeoVegas and Royal Panda, can be complemented with a local, multi-brand strategy.

“The UK is such a large and mature market that it warrants working with several brands that attract various types of customers. Rocket X has a strategy that focuses on digital and data-driven customer acquisition and thereby has one of the market’s most effective customer acquisition models.”

$250,000 - Caesars Entertainment has continued in its bid to expand its footprint beyond the US and into Japan. Whilst on a visit in the region, the President & CEO of the group Mark Frissora announced Caesars would be giving a contribution of $250,000 to Japanese responsible gambling initiatives.

80% - Stars Group Chief Executive Rafi Ashkenazi detailed that the operator plans to elevate its recently acquired majority stake in CrownBet Holdings from 62% to 80%.  

CrownBet enterprise founder Matt Tripp unveiled initial targets for the group, after its acquisition by the Stars Group: “We believe the acquisition of the William Hill Australia business gives us the scale and customers to become a leading force in the market and the tools we will need to prepare for potential positive regulatory movement in other jurisdictions.”

7 - After PSG’s feeble effort against European Champions Real Madrid saw them knocked out of the Champions League, Ladbrokes priced up no fewer than seven Premier League managers to become manager of the French club.

The Ligue 1 giants look set to part ways with Unai Emery at the end of the season, and the bookies are expecting PSG chiefs to poach a coach from England with Jose Mourinho and Antonio Conte 5/1 favourites for the job.

Arsene Wenger is a 6/1 shot to swap London for Paris, making him just as likely as Mauricio Pochettino to be appointed in the French capital. Elsewhere, 16/1 says Jurgen Klopp replaces Emery, while Pep Guardiola (20/1) and Rafa Benitez (25/1) round out the betting respectively.

Alex Apati of Ladbrokes said: "PSG will almost certainly look to make a statement in the dugout at the end of the season, and there's every chance a Premier League giant could suffer as a result of it."

1% - Major League Baseball (MLB) Commissioner Rob Manfred voiced his displeasure at the US State of West Virginia, after it dismissed the league’s proposed 1% integrity fee from its bill.

Manfred and the MLB have followed the lead of the NBA, insisting that a 1% integrity fee is completely necessary, as the US looks to potentially build the framework for sports betting legislation.   

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