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GAN’s Losses in 2018 Spawn Talk of a Sale

Renowned UK-based online gambling service provider GAN is reportedly considering selling itself to the highest bidder now that its US-based operations are beginning to pick up.  Last Friday, the company announced that its net revenue hit £10.6m in 2018, an amount that represented a 16 percent improvement over 2017’s tally. Unfortunately, the same cannot be […]

Carl Icahn Ups Caesars Stake, Becomes Biggest Shareholder

Activist investor Carl Icahn has recently become the biggest shareholder in Caesars Entertainment after entities related to him acquired 38.9 million shares in the gaming company last week. By so doing, the investor’s stake went up to 15.53 percent up from the about 10 percent stake he had amassed over the past few months thus […]