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Category: Gambling Industry
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Created: Monday, 07 October 2024 08:05
Once again, sports betting development company Playtech is in the news. However, this time around it is not good news for them. This is because Playtech is Facing Shareholder Backlash after a proposal to give its executives a $110 million bonus. Therefore, some Playtech Shareholders are not happy with the decision due to the lack of performance by the company.
The bonuses are a result of the company's recent €2.3 billion divestiture of its Italian sports betting and gaming division, Snaitech, to Flutter Entertainment. Last month, Playtech made an announcement regarding plans to distribute bonuses amounting to €100 million and €34 million for the management teams of Playtech and Snaitech.
This bonus program, revealed concurrently with the sale, positions Weizer as the primary recipient, although Playtech has not specified the precise sum he may obtain.
Additionally, executives will be eligible for 10% of the profits from any future sales, a provision that has raised apprehensions among investors.
Read more: Playtech is Facing Shareholder Backlash of Bonus Plan for Executives
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Category: NFL
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Created: Monday, 23 September 2024 06:41
For tonight’s NFL Monday Night football matchup, the Buffalo Bills are taking on the Jacksonville Jaguars. Despite not having the home advantage, can the Jaguars pull off an upset and defeat the Buffalo on their home turf? Find out by reading my Jaguars vs Bills NFL Betting Pick and analysis for tonight’s football game.
Sportsbooks and bookies are clearly favoring Buffalo with a -250 Money Line. While it might seem like a steep line in their favor for Week 3, it may be with a good reason. The Jaguars have experienced a disappointing start to the season with an 0-2 record. Furthermore, they are averaging a mere 15 points per game.
In their most recent match on Sunday, Jacksonville found themselves down by ten points at halftime and failed to capitalize on 13 penalties committed by Cleveland, resulting in an 18-13 defeat at home. Trevor Lawrence's performance has not met expectations, leading to a struggling offense for the team.
On the other hand, the Bills currently hold a 2-0 record, largely due to an impressive performance from Josh Allen, who is exhibiting qualities reminiscent of an MVP. In their recent game against Miami, James Cook was instrumental, scoring three touchdowns in the first half.
Read more: Jaguars vs Bills NFL Betting Pick for 9/23/2024