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SharpLink Gaming Ltd. Completes Domestication Merger with SharpLink Gaming, Inc.

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SharpLink Gaming Ltd. (Nasdaq: SBET) (“SharpLink Israel”) today announced that effective today, February 13, 2024, SharpLink Israel has completed its previously announced change of jurisdiction of incorporation from Israel to the State of Delaware through an agreement and plan of merger (“Merger Agreement”) with SharpLink Gaming, Inc. (“SharpLink US”).

Pursuant to the Merger Agreement, which was approved by shareholders at an Extraordinary Meeting of Shareholders held on December 6, 2023, SharpLink Merger Sub Ltd., an Israeli company and a wholly owned subsidiary of SharpLink US, has merged with and into SharpLink Israel, with SharpLink Israel surviving the merger and becoming a wholly owned subsidiary of SharpLink US.

Each outstanding ordinary and preferred share of SharpLink Israel will automatically be exchanged for one share of SharpLink US’s common stock or preferred stock, as applicable, and all outstanding options and warrants to purchase ordinary shares of SharpLink Israel will convert to the options and warrants to purchase the same number of shares of common stock of SharpLink US under similar terms. For more detailed information regarding the domestication merger, please refer to the definitive proxy statement filed with the U.S. Securities and Exchange Commission on October 23, 2023.

SharpLink US’s common stock will commence trading on the Nasdaq Capital Market under the same trading symbol, SBET, effective at the market open tomorrow, February 14, 2024. The new CUSIP number for SharpLink US’ common stock is 820014108.

Changes to Board of Directors

In connection with the completion of the domestication merger, Joseph Housman, Paul Abdo, Scott Pollei and Thomas Doering resigned as directors of SharpLink Israel and SharpLink US.

Remaining on the SharpLink US board is Rob Phythian, CEO of SharpLink US, who has also been appointed as SharpLink US’ new Chairman; and Adrienne Anderson, an independent member of the Board, who will also serve as Chair of SharpLink US’s Audit Committee and as a member of the Compensation Committee.

Obie McKenzie and Leslie Bernhard have been newly appointed to serve as independent members of SharpLink US’ Board of Directors. McKenzie will also serve as Chair of the Compensation Committee and member of the Audit Committee; and Bernhard will serve as a member of both the Audit and Compensation Committees.

 

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MightyTips signs partnership deal with JVSpinBet

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MightyTips is pleased to announce it has signed a new partnership deal with the online sportsbook and casino brand JVSpinBet.

This collaboration targeting various South American markets, will allow MightyTips’ users to find out about the latest betting promotions and exclusive bonuses offered by the online operator, whereas JVSpinBet will reap the benefits of increased traffic, improved visibility, and potential new sign-ups. Existing JVSpinBet players will also be pointed towards MightyTips’ free daily betting tips and predictions, and its comprehensive database of online bookmaker reviews.

What is JVSpinBet

JVSpinBet is operated by Orakum N.V. and was launched in early 2020. The brand is fully licensed and regulated by the Government of Curacao (8048/JAZ) and uses the latest SSL encryption technology to ensure a safe and enjoyable betting experience for all its players. JVSpinBet has ensured that they have taken into consideration the needs of the modern bettor by designing an intuitive app for both iOS and Android devices and have also added hundreds of high-quality live streams across a wide range of sporting events.

They currently offer a huge selection of sports markets and live betting odds as well as an impressive portfolio of eSports leagues and competitions. Featuring popular games such as Dota 2, Valorant, and Call of Duty, they are extremely well-stocked in this department with JVSpinBet players also able to livestream the majority of ongoing events.

Their site is available in 60+ languages, offers 24/7 customer support and is one of a number of crypto-currency-accepting online sportsbooks, reflecting an increasingly growing trend within the iGaming industry.

What they say

Eugene Ravdin, MightyTips Head of Communications and Marketing, said: “This is yet another exciting collaboration between MightyTips and an innovative cryptocurrency-accepting sportsbook. We’re looking forward to working closely with JVSpinBet as we aim to grow both brands, improving their visibility and enabling bettors to learn more about their products. We can’t wait to get started.”

JVSpinBet spokesperson added: “Partnering with MightyTips is a fantastic opportunity for us to reach a wider audience of passionate sports bettors and gaming enthusiasts across South America. Their expertise in delivering high-quality betting insights and reviews aligns perfectly with our mission to provide an exceptional betting experience. We’re excited to collaborate and bring even more value to our players through this partnership.”

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Light & Wonder Names Simon Johnson as iGaming CEO

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Light & Wonder Inc. has announced Simon Johnson as the new CEO of the Company’s iGaming business.

Simon has been with Light & Wonder since 2017 and has been instrumental in driving the international commercial efforts of the Gaming business in his most recent role as Senior Vice President and International Managing Director.

As part of his new role, Simon will report directly into Light & Wonder President and CEO Matt Wilson and join the Company’s Executive Leadership Team.

Before joining Light & Wonder, Simon worked across a range of businesses and industries. He started out in Investment Banking, where he specialized in mergers and acquisitions and cross-border transactions. Simon has held leadership roles in Private Equity, Telecommunications, and Financial Technology businesses in operations that ranged from startups to FTSE100/Fortune 500 multinational companies.

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Professional Fighters League Teams Up with Cloudbet as Official Sports Betting and Online Casino Partner

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The Professional Fighters League (PFL), the fastest growing and most innovative sports league, announced a multi-year partnership naming Cloudbet the official and exclusive Sports Betting and Online Casino Partner of the PFL. This new collaboration will bring crypto-powered betting to PFL events, starting with the highly anticipated Road to Dubai Champions Series on January 25.

Cloudbet, a leading crypto casino with a global reputation, has been a trusted name in the cryptocurrency world for over a decade. With this partnership, they’ll bring a whole new way to engage with MMA fans by combining their expertise in crypto sports betting with PFL’s innovative approach to fighting.

Starting with the Road to Dubai Champions Series event, Cloudbet’s partnership will include prominent branding across PFL broadcasts and events.

“We are excited to announce our new long term partnership with Cloudbet. Cloudbet are forging a reputation as a trailblazer in the industry through their innovative approach and world class suite of products. We believe this is synonymous with the PFL and are elated to collaborate with Cloudbet to bring a fresh and premium experience for our fight fans around the world,” said Damian Willoughby, EVP Global Partnerships at PFL.

“One thing that really attracted us to this partnership was the chance to innovate alongside the PFL and bring truly new ideas to the sport. We plan to take this opportunity to push the boundaries of the fan experience together. More on that over the next few weeks and months,” said Cloudbet.

“The PFL has changed how people think about MMA, and that aligns perfectly with what we do at Cloudbet. We’re always looking for new ways to improve the experience for fans like us, and this partnership will let us create something really engaging. It’s all about making betting part of the action in a way that brings everyone watching much closer to the tension on screen,” Cloudbet added.

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