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Faith In The Gambling Industry
Two investors in the online gambling business with confidence in the future are Justin Drummond and his wife Alexandra, who last week upped their stakes in Internet advertising group Media Corporation, which owns the information portal Gambling.com.
According to the Business Scotsman, the duo bought an additional 1.5 million shares in the company for an undisclosed price, although the stock price has been trading around the 1p level according to public records - down more than half over the past year.
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The purchases took their combined holding up to more than 24 million shares, or 8.3 percent of the company.
Drummond is CEO and a founder of Media Corporation, and the cause for his optimism appears to be that following the change in government in the United States he feels there's a good chance that we will see US legalisation of online gambling sooner rather than later. This could have a significant impact on positive impact on Media Corporation's business.
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4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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