A company that provides real-time data from sporting events to media and sports betting companies is acquiring a free to play game provider that could diversify its products.
One of the most respected names in fintech is Betsy Cohen, the founder of The Bancorp (NASDAQ: TBBK). Cohen has launched numerous SPACs over the last five years, landing deals, pending deals and more out there still searching for targets.
The week kicked off with a large SPAC deal announced on Sunday, bringing a new global sports betting and online casino company public. Several other SPAC deals were announced throughout the week along with a couple rumors that could be worth a watch this week.
An appearance by the executive of a publicly-traded company on CNBC or another business-related news channel can sometimes move the share price fast. If the show airs outside the trading hours, it can sometimes have less of an effect on the share price.
Video games were seen as one of the biggest winners from the pandemic and the related stay-at-home orders around the world. New gaming figures and quarterly reports from Sony and Microsoft suggest strong growth could continue ahead.
The 147th running of the Kentucky Derby will take place today. The race will feature 19 horses as of writing that will compete in the longest-running annual sporting event in the United States.