Brad Allen

Brad has been covering the online gambling industry in Europe and the US for more than four years, most recently as the news editor at EGR Global.

sportradar

How Might Sportradar Spend $350 Million In Hot M&A Market?

Sportradar is raising $505 million to finance a potential acquisition. The raise was revealed last week by Fitch Ratings, who gave Sportradar debt a B+ credit rating – a rating sometimes known as “speculative.“ The data giant is also looking to secure a $129 million revolving credit facility. What’s the money for? Fitch noted that […] Read More
Posted on: October 20, 2020 | Sports Betting | Brad Allen
5Dimes

5Dimes Says Regulators Key To Next Steps After Fed Deal On Criminal Investigation

5Dimes is on the hunt for a regulated CEO as the former offshore book continues its transition to the regulated market. The company last week announced a $46 million settlement with the US Department of Justice that clears the 5Dimes assets of legal restrictions. The settlement wrapped a years-long federal investigation of 5Dimes including illegal […] Read More
Posted on: October 6, 2020 | Regulation Sports Betting | Brad Allen
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