Press Releases
Expert Insights and Networking: SBC’s Exclusive Capital Markets Forum at the NYSE
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SBC is gearing up to launch its debut Earnings & More:Capital Markets Forum event at the iconic New York Stock Exchange on May 6, offering 200 attendees a blend of learning and networking opportunities with leading experts.
This exclusive event, organized in collaboration with Earnings+More, aims to unite top minds from investment banks, M&A, and strategic advisory firms, alongside financial analysts and senior decision-makers from the gambling industry. Together, through a series of conference sessions, they will discuss pivotal trends shaping the betting and iGaming space in the United States and globally.
Conference Sessions
As the era of readily available capital wanes, private equity finds itself under pressure to validate its value proposition. Experts Adam Rosenberg (Senior Advisor | Gaming & Leisure, Blackstone), Joel H. Simkins (Managing Director, Houlihan Lokey), Nanette Heide (Global Chair, Private Equity Group, Duane Morris), and John Decree (Analyst, Global Commercial Real Estate Services) will dissect the specific contributions private equity can make to the gaming industry by evaluating its industry-related historical performance. Among other topics, the âPrivate Equity and Gamingâ panelists will elaborate on which companies they identify as promising targets for private equity involvement, both in the public market and among privately owned enterprises.
The ‘Billion-dollar Babies: The Swing to Profitability’ panel will explore the implications of the shift towards profitability and the rise of billion-dollar EBITDA giants for the rest of the United States’ online sports betting and online casino industry. The panelists will answer questions such as the repercussions the substantial profits amassed by sector frontrunners will have on others in the field, as well as how those earnings are going to be utilized. Andrew Fabian (Investment Banking â Global Technology Group, Citi), Barry Jonas (Managing Director, Truist Securities), Cassandra Lee (Senior Associate, Bettor Capital), and Chad Beynon (Senior Equity Analyst, Macquarie) will also discuss whether the industry will witness increased merger and acquisition activities, among other key discussion points.
As the trend of European companies struggling to penetrate the North American market prompts questions about their ongoing aspirations, the ‘Safe European Home: What do Withdrawals from North America Say about Future Ambitions?’ panel will delve into the associated challenges of the companies retracting their presence from North America. With concerns over wasted capital and failed ventures looming large, Ramy Ibrahim (Managing Director, Moelis & Company), Matt Sodl (Founding Partner & President, Innovation Capital), and Robin Chhabra (CEO, Tekkorp) will discuss strategies for assuaging investor apprehensions and articulating future plans. Scott Longley (CEO, Clear Concise Media) will moderate the session.
As the trend of continuously expanding portfolios with bolt-on deals becomes more challenging, the ‘No More Worlds to Conquer: What Happens When the Bolt-On Deals Dry Up?’ panel shifts the discussion to the future of M&A activity. Sandford Loudon (Partner, Oakvale Capital), Thomas Nicholls (Managing Director, Strategic Advisory Group, PJT Partners), Adam Berger (Partner, Duane Morris), and James Brodie (Head of Interactive, International, MGM Interactive) will zoom in on the quest for value-enhancing deals in Europe and beyond and analyze whether the era of the bolt-on juggernaut is nearing its end, with such opportunities dwindling and shareholders growing increasingly wary of costly expansions.
While the spotlight has largely been on the expansion of sports betting in the United States, the slower progress of online casino legalization at the state level has received less attention. Panelists Davis Catlin (Managing Partner, Discerning Capital), Josh Swissman (Consultant, GMA), Lauren Seiler (Founder, Global Gaming Advisors), and Eric Hession (President, Caesars Digital) will discuss the opportunities in the online casino field and the potential rewards that operators can capitalize on during the âShort-term memory: Have investors forgotten about iCasino?â panel. Caroline Ponsetti (Communications Strategist, Invariant) will moderate the session where one main question will be answered: are investors tuned in to this long-term potential?
Once the conference session concludes, attendees will be invited to join Networking Drinks directly on the Trading Floor at 6 pm.
Secure your spot at the Capital Markets Forum with a pass priced at $300. Availability is limited.
Conveniently timed, the event precedes the SBC Summit North America, the foremost iGaming & Sports Betting Event in North America, scheduled for May 7-9 at the Meadowlands Exposition Center in New Jersey. This ensures convenience for those interested in attending both events.
Latest News
QTech Games recruits David Camacho to take the lead for LatAm markets
![QTech Games recruits David Camacho to take the lead for LatAm markets](https://gamingamericas.com/wp-content/uploads/2024/07/camacho-e1721990847192.jpg)
QTech Games, the leading games distributor for all emerging markets, has appointed David Camacho to the new role of Account Manager for LatAm Markets.
Camacho arrives at QTech Games after a successful and long-serving spell at Tabella, a global powerhouse across varied igaming verticals, where he proved himself across a range of senior roles focusing on the LatAm markets. At QTech Games, David will drive sales and its existing presence across Central and South America, growing its global footprint in more Spanish and Portuguese-speaking territories.
QTech Games commented: âWeâre delighted that David is now part of the QTech team. His extensive experience and network in the industry are second to none, after over two decades in the sector. So, he will prove a true asset to both QTech Games and all our clients, as we will deepen our existing influence across Hispanic markets in Central and South America.
âRecruiting the best localised talent and expertise has always been a central pillar of our strategy. Therefore, weâre naturally thrilled to have David on board.
David Camacho added: âIâm excited to be joining QTech Games, a company with the most remarkable content suite across varied igaming verticals, all delivered via a stellar platform built on bleeding-edge technology. I canât wait to get started by deploying my business connections and contacts across a region I know so well at such a crucial point in its maturation.
âOf course, when it comes to LatAm, everyoneâs talking about the unfolding scene in Brazil, but Iâll also be concentrating our efforts in more mature countries such as Colombia and Mexico, alongside some other opportunities in Peru, another promising territory with one of the most operator-friendly regulations in recent times. Argentina and Chile will also be interesting in due course. Apart from the strong growth in this region, I believe we will be able to fuel it further with our new QTech Hybrid product that fits perfectly in all these markets!â
QTech Hybrid â get in touch to find out more!
QTech Hybrid will next be showcased at the upcoming SBWA+ show in Ghana in August, where QTech Games delegates will be on site to unpack its breakout technology and salient applications for joining up the retail and digital-mobile experience. QTech Hybrid offers a retail solution that can be transferred seamlessly to mobile in any emerging market, enabling the customer to continue playing after leaving the retail environment. QTech Hybrid allows players to access the full game library of QTech Games, while the retail solution also contains a state-of-the-art Agent Management System. Itâs also an instant win for efficient payments.Â
Latest News
BETBY AND PIXBET ENTER LONG-TERM BRAZILIAN SPORTS BETTING PARTNERSHIP
![BETBY AND PIXBET ENTER LONG-TERM BRAZILIAN SPORTS BETTING PARTNERSHIP](https://gamingamericas.com/wp-content/uploads/2024/07/PIXBET@publisher.jpg)
BETBY strengthens its Latin American position with agreement to power leading Brazilian brand Pixbet
BETBY, the premium sports betting supplier, has signed a long-term sports betting agreement with Pixbet. The partnership will see Pixbet leverage Betbyâs award-winning sports betting solution and services to upgrade its current sportsbook, offering Brazilians a best-in-class online betting experience.
Pixbet a leading Brazilian bookmaker present throughout the national territory, is well known for its bold marketing strategy, having earlier this year been announced as the new shirt sponsor for Brazilian soccer club Flamengo under a lucrative two-year deal.
Chris Nikolopoulos, Chief Commercial Officer at Betby, said: âIt is a pleasure to have put pen to paper on this agreement with Pixbet, an operator whose management team boasts clear expertise and a passion for sports betting that mirrors our own.
âThis agreement further bolsters Betbyâs impressive range of partners throughout Brazil and Latin America, and we are excited to capitalise on the rich promise this partnership holds.â
Ernildo Junior, owner of Pixbet, said: âWe are very pleased to have signed with Betby as we look to further deliver on our sports betting ambitions to become the leading betting brand in Brazil.
âBetby has a proven track record in Latin America and its suite of high-performance sportsbook technology will provide our players with a superior sports betting experience whilst providing us with cutting-edge risk management tools.â
Press Releases
Arizona Department of Gaming Releases May Sports Betting Figures
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Bettors in Arizona wagered approximately $568.5 million on sports in May of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 25.9% increase when compared to May of 2023.
The state collected approximately $4.3 million in privilege fees in the month.
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