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Star8 Corp Signs LOI to Purchase Pace Developments St. Vincent

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Star8 Corp has announced that it has signed a Letter of Intent (LOI) to acquire a group of St. Vincent operating under the name Pace Developments St. Vincent Inc. through a plan of exchange with an expected closing in the current quarter.

Pace Developments St. Vincent owns 45 acres of land at Peter’s Hope, St. Vincent and the Grenadines. Construction has already begun on the luxury Black Sands Hotel, which will eventually house 450 rooms, on the 45 acres of land at this site. Located below the hurricane belt, and with a newly constructed international airport in St. Vincent, the destination is growing in popularity within the luxury tourism market.

“Our Board of Directors is impressed with the vision and strategy behind this development. We see an opportunity to invest in a growing market with an inspired project, that will ultimately stimulate the local economy,” Mario Diez, Chief Executive Officer of Star8 Corp, said.

Phase one of the project is expected to open within 12 to 14 months, and an additional 200 rooms for phase two will be completed within 24 to 36 months.

“This property will feature a 5-star luxury hotel, with condos, a casino, a medical spa and its own private marina. The finished product is going to be a resort that truly embodies all elements of relaxation and luxury living,” Joseph Romano, Chief Executive Officer of Pace Developments St. Vincent, said.

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Full House Resorts Announces Promotion of Lewis Fanger to President

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Full House Resorts Inc. announced that it has promoted Lewis Fanger to President, Chief Financial Officer, and Treasurer, effective July 11, 2025. The title of President was previously held by Daniel Lee, the Company’s Chief Executive Officer. As previously disclosed, Mr. Lee extended his employment agreement as the Company’s Chief Executive Officer in June 2025.

“Since our arrival approximately ten years ago. Full House Resorts has undergone a significant transformation, from a small regional casino operator to one of the fastest-growing companies in our industry. Lewis’s financial leadership has helped enable that growth, allowing us to improve our existing assets and expand the Company through new developments such as American Place and Chamonix. Lewis has been an invaluable part of our team over the past decade, and his promotion to President will help ensure a continuity of leadership,” Mr. Lee said.

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NCPG Announces 2025 Board of Directors Election Results and Board Leadership

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The National Council on Problem Gambling (NCPG) has announced the newly elected members of its Board of Directors, as well as the slate of officers who will lead the organization for the upcoming year.

Following the annual election in June, NCPG members voted to elect the following individuals to serve on the Board of Directors from 2025 to 2028:

• Diana Goode – Affiliates Seat

• Wiley Harwell – Affiliates Seat

• Lori Manson – Affiliates Seat

• Glenn Yamagata – Affiliates Seat

• Jamie McKelvey – Organizations Seat

• Amanda Quintana – Organizations Seat

• Brian Ward – Individuals Seat

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Glenn Yamagata and Jamie McKelvey will serve a two-year term from 2025 to 2027.

In addition, the Board has elected the following officers to lead NCPG for the 2025–26 term:

• President: Derek Longmeier, Executive Director, Problem Gambling Network of Ohio

• Vice President: Christina Gray, Executive Director, Indiana Council on Problem Gambling

• Secretary: Wiley Harwell, Executive Director, Oklahoma Council on Problem Gambling and Gaming

• Treasurer: Amanda Quintana, Player Health Manager, Colorado Lottery

The Board’s esteemed leadership and expertise are instrumental in fostering NCPG membership, shaping policies, implementing strategies, and attaining organizational objectives. By leveraging their subject matter knowledge, skills, and experience, Board members are dedicated to serving all NCPG stakeholders through the development of comprehensive policies and programs for all those affected by problem gambling.

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SharpLink Gaming Announces $425,000,000 Private Placement to Initiate Ethereum Treasury Strategy

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SharpLink Gaming Announces $425,000,000 Private Placement to Initiate Ethereum Treasury Strategy

 

SharpLink Gaming Inc. announced that it has entered into securities purchase agreements for a private investment in public equity (PIPE) for the purchase and sale of 69,100,313 shares of common stock (or common stock equivalents in lieu thereof) at a price of $6.15 per share ($6.72 per share for certain members of the Company’s management team), for expected aggregate gross proceeds of approximately $425,000,000, before deducting placement agent fees and other offering expenses.

Consensys Software Inc. acted as the lead investor, and the offering included participation by prominent crypto venture capital firms and infrastructure providers such as ParaFi Capital, Electric Capital, Pantera Capital, Arrington Capital, Galaxy Digital, Ondo, White Star Capital, GSR, Hivemind Capital, Hypersphere, Primitive Ventures, and Republic Digital among others including Rob Phythian, SharpLink’s CEO, and Robert DeLucia, SharpLink’s CFO.

The closing of the offering is expected to occur on or about May 29, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the funds to acquire the native cryptocurrency of the Ethereum blockchain commonly referred to as “ETH” pending identification of working capital needs and other general corporate purposes. ETH will serve as the Company’s primary treasury reserve asset.

A.G.P./Alliance Global Partners is acting as the sole placement agent in connection with the offering.

“This is a significant milestone in SharpLink’s journey and marks an expansion beyond our core business. On closing, we look forward to working with Consensys and welcoming Joseph to the Board,” said Rob Phythian, Founder and CEO of SharpLink.

“On close, Consensys looks forward to partnering with SharpLink to explore and develop an Ethereum Treasury Strategy and to work with them in their core business as a strategic advisor. This is an exciting time for the Ethereum community, and I am delighted to work with Rob and the team to bring the Ethereum opportunity to public markets,” said Joseph Lubin, Founder and CEO of Consensys and Co-Founder of Ethereum.

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