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Category: Gambling Industry
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Created: Sunday, 06 August 2023 07:08
South African casino firm, Enjoy Group, contacted the Commission of Financial Markets of Chile to discuss the potential sale of its casinos in Uruguay and Chile. Also, the decision came after Enjoy failed to merge with DREAMS SA.
According to bookie pay per head experts, the April deadline for the merger between Enjoy and the firm came and went without action. Enjoy Group has been looking for alternative long-term strategic initiatives to increase profits ever since.
The news comes after a report by Diario Financiero on July 30 that Enjoy was selling its assets in Chile and Uruguay.
Enjoy Group to Sell LATAM Assets
According to sportsbook PPH reports, the corporation may gain from a deal if it sells its operations in Chile and Uruguay. Enjoy Group has been working with their financial advisor, ASSET Chile, to plan this transition. ASSET Chile aims to attract investors and strike a contract to help the firm thrive.
Read more: Enjoy Group Considers Selling LATAM Assets after Failed Merger
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Category: Gambling Industry
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Created: Thursday, 18 May 2023 19:49
It’s the most valuable city in sports gambling. There are so few people outside on a spring afternoon in this little Colorado town that you can hear the North Clear Creek, which runs through it, flowing with water. And yet, this community of just 100 people, who reside in 61 homes, is the most expensive in all of America's regulated sports betting regions.
Key Points
– Sports gambling thrives in a small Colorado town.
– Black Hawk has a rich, interesting history that has led to its link to sports betting.
Sports Gambling, Meet Black Hawk, Colorado
Black Hawk, Colorado stands alone as the sports gambling center of this new world as we mark the fifth anniversary of a Supreme Court ruling that permitted states to determine their own sports gambling fate.
There are more valuable states than Colorado in the era following the repeal of the Professional and Amateur Sports Protection Act of 1992. Over the past five years, wagers totaling more than $20 billion have been placed in five different states: Illinois, New Jersey, Nevada, New York, and New Jersey.
Read more: The Most Valuable City in Sports Gambling