Number Crunching - Vantiv, XLMedia and Nevada

Number Crunching - Vantiv, XLMedia and Nevada

Wednesday, January 17, 2018 Posted by Joseph Streeter
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Breaking down all the weeks news into a set of easy to manage figures

$31bn - Payment provider Vantiv has announced the acquisition of US rival Worldpay Group. The deal follows on from last August, when the US payment systems provider Vantiv put forward a £9.3 billion offer to merge with Worldpay, seeking to form the outright leader in servicing global payments for in-store and digital transactions.

The merger will lead to the creation of new Fortune 500 enterprise Worldpay Inc, something many analysts believe will have an initial pro-forma corporate value of $31 billion.

$11.11bn - Nevada Gaming Control Board has detailed that the 272 casinos in the US state of Nevada that grossed $1m or more saw combined gaming revenue climb 3.2 per cent in the same period, to $11.11bn.

£31.7 million - Affiliate marketing firm XLMedia has announced that it has raised approximately £31.7 million through its latest ordinary shares placement. The group detailed that it would place up to 16 million ordinary shares, representing circa 7.8% of the firm’s equity for sale to institutional investors.

Ory Weihs, Chief Executive of XLMedia, commented: “We are delighted to have received such strong support from both existing and new shareholders as we continue to see a significant opportunity to grow XLMedia both organically and through acquisition.

“This fundraising will enable us to fully capitalise on acquisition opportunities we have identified in key verticals.”

$11m - The guaranteed combined prizes that are being given away by Pokerstars, as it marks the anniversary of two its more popular online games, the Sunday Million and Sunday Storm. With more than 1.2 million players since it launched, the Sunday Storm will be celebrating its 7th birthday with a $1m guarantee, while the Sunday Million marks its 12th anniversary an hour later with a guaranteed prize pool of $10m, including $1m for first place.

6 - Jose Mourinho’s Manchester United side are favourites to land six players in the january transfer window, according to Ladbrokes.

The Red Devils are now as short as 2/9 to make a move for the Arsenal forward, but they're 13/2 or shorter to add a whole host of other blockbuster names to their ranks between now and February 1.

Lucas Moura (9/4) is the most likely man to make the move ahead of Nicolo Barella (4/1), but Javier Hernandez is now just a 9/2 shot for a shock return to Old Trafford. Meanwhile, Mesut Ozil is 5/1 to follow Sanchez from North London to Manchester, with Danny Rose (13/2) rounding out the quintet.

Alex Apati of Ladbrokes said: "With Sanchez seemingly set to join United in the coming days, it looks as though Mourinho's spending spree will continue right to Deadline Day."

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