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CANTOR ENTERTAINMENT FILES FOR IPO
12/23/2011 : Funds to settle debt and finance listing on Nasdaq
Nevada-based gaming software developer Cantor Gaming and Wagering parent company, Cantor Entertainment Technology Inc, expects to raise up to $100 million in an initial public offering of common shares filed with U.S. regulators this week.
The number and cost of the shares to be offered has not been revealed, however, the company plans on using the money raised from the offering to repay debt and finance a listing of its common stock on Nasdaq, reports Reuters.
Global financial services firm and Cantor Gaming affiliate, Cantor Fitzgerald & Co, will underwrite the IPO.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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