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High Roller Names Seth Young CEO in Planned Leadership Transition
Globenewswire· 2025-08-27 14:15
Leadership Transition - High Roller Technologies has announced the appointment of Seth Young as the new CEO, effective September 1st, succeeding Ben Clemes [1][2] - Ben Clemes, who has been CEO since 2024, is stepping down to spend more time with his family, leaving the company well-positioned for future growth [2][3] - Seth Young, previously the Chief Strategy Officer, has over 20 years of experience in the gaming industry and is recognized for his vision and leadership [3][5] Company Performance and Future Outlook - Under Clemes' leadership, High Roller achieved significant accomplishments and is positioned for continued growth [2][4] - Young expressed gratitude for Clemes' contributions and aims to build on the foundation established during his tenure to drive future growth and value for stakeholders [4][5] Company Overview - High Roller Technologies operates premium online casino brands, including High Roller and Fruta, and is listed on the NYSE under the ticker ROLR [7] - The company offers a user-friendly online casino platform with over 6,000 games from more than 90 providers, catering to a global customer base in the expanding iGaming industry [7] - High Roller is recognized for its innovative approach and commitment to excellence in online gaming [8]
Overlooked Analyst-Approved Dividend Plays You Can Count On
MarketBeat· 2025-08-27 11:03
Group 1: Essential Utilities - Essential Utilities has a dividend yield of 3.50% and an annual dividend of $1.37, with a dividend increase track record of 32 years and a payout ratio of 58.80% [3][5] - The company reported a 35% year-over-year increase in GAAP EPS, driven by its gas and water businesses and operational efficiency, particularly in Texas [4] - Essential Utilities announced a 5.25% increase in its dividend, continuing its tradition of over three decades of dividend increases, indicating strong earnings growth potential [5] Group 2: Globe Life - Globe Life has a dividend yield of 0.77% and an annual dividend of $1.08, with a dividend increase track record of 20 years and a low payout ratio of 8.63% [7][10] - The company reported a net operating income of $271 million for the latest quarter, marking a 10% year-over-year improvement, and raised its full-year earnings guidance [8] - Globe Life has engaged in significant share buybacks, spending approximately $226 million in the second quarter and planning up to $650 million in repurchases through 2025 [9] Group 3: NetEase - NetEase has a dividend yield of 1.66% and an annual dividend of $2.27, with a payout ratio of 30.72% [11] - Despite facing potential downside of -9.5%, most analysts still view NetEase shares as a Buy, highlighting its successful games segment driven by popular titles [12]
CTW to Participate in the Lake Street 2025 BIG9 Conference
GlobeNewswire News Room· 2025-08-27 11:00
Core Viewpoint - CTW Cayman is a leading game platform company that provides global access to web-based, free-to-play games inspired by popular Japanese animations, and will participate in the Lake Street Capital Markets Best Ideas Growth Conference in New York City on September 11, 2025 [1]. Group 1: Company Overview - CTW Cayman operates the flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games [1][3]. - The company was recognized as the largest anime IP-based H5 game platform in the world in 2023 in terms of gross billings, according to a Frost & Sullivan Report [3]. - CTW focuses on helping game developers generate revenue from Japanese anime IP by reaching a global player audience [3]. Group 2: Business Model and Strategy - CTW shares revenue generated from players' in-game purchases worldwide with game developers [3]. - The company leverages established relationships with leading Japanese animation IP holders to offer premium IP content and resources, along with distribution and marketing services to game developers [3]. - By collaborating with skilled game developers, CTW aims to deliver high-quality, animation-themed gaming experiences to gamers globally [3].
BetMGM Unveils First Major Corporate Brand Repositioning with "Make it Legendary" Campaign
Prnewswire· 2025-08-26 18:00
Core Insights - BetMGM has launched a brand refresh with a new campaign titled "Make it Legendary," featuring actor Jon Hamm as the brand ambassador [1][2] - The campaign aims to redefine BetMGM's identity, emphasizing its role at the intersection of entertainment and gaming, inspired by the essence of Las Vegas [2][3] - The campaign will include six new multi-channel advertisements, starting on August 30 during college football games, and will be distributed across various platforms [2][3] Company Overview - BetMGM is a leading sports betting and iGaming operator, formed through a partnership between MGM Resorts International and Entain Plc, and is headquartered in New Jersey [5] - The company offers a range of online gaming services, including sports betting and poker, leveraging state-of-the-art technology from Entain [5] - BetMGM is committed to responsible gaming, providing resources like GameSense to help customers engage safely with their platform [3] Marketing Strategy - The rebranding effort is a collaboration with the independent ad agency Highdive, which conducted extensive customer research to inform the campaign [2][3] - The campaign is designed to create a long-term strategic advantage for BetMGM by focusing on storytelling and connection with today's players [3] - Jon Hamm's involvement is intended to enhance the brand's appeal and elevate the customer experience through his charisma and storytelling ability [2][3]
SharpLink Announces Total ETH Holdings Increased to 797,704 as of August 24, 2025; Raised $360.9 Million in Net Proceeds for Week of August 18 - August 22, 2025
Globenewswire· 2025-08-26 12:00
Core Insights - SharpLink Gaming, Inc. has significantly increased its Ether (ETH) holdings and staking rewards, demonstrating a strong commitment to Ethereum adoption and long-term value creation for shareholders [1][2][4] Weekly ETH and Capital Summary - As of August 24, 2025, SharpLink holds approximately 797,704 ETH, valued at around $3.7 billion, with total staking rewards reaching 1,799 ETH since the treasury strategy launch on June 2, 2025 [1][4] - The company acquired 56,533 ETH during the week ending August 24, 2025, with an average purchase price of $4,462 per ETH [3][4] - SharpLink raised $360.9 million in net proceeds through its At-the-Market (ATM) facility during the same week [3][4] Financial Position - The company has approximately $200 million in cash available for further ETH acquisitions, indicating strong liquidity [1][4] - The ETH concentration on a cash-converted basis exceeds 4.00, reflecting over a 100% increase since the treasury strategy's inception [4] Leadership Statement - Joseph Chalom, Co-CEO of SharpLink, emphasized the company's commitment to building long-term value while supporting the broader Ethereum ecosystem [2]
DraftKings Launches Responsible Gaming Education Month Campaign Featuring Super Bowl Tickets Sweepstakes
Globenewswire· 2025-08-26 11:30
Core Insights - DraftKings Inc. is launching a monthlong campaign for Responsible Gaming Education Month (RGEM) to promote responsible gaming through a sweepstakes offering NFL tickets and a trip to Super Bowl LX [1][2] - The campaign encourages customer engagement with responsible gaming tools like My Budget Builder and My Stat Sheet, aiming to foster a more informed gaming culture [2][4] Group 1: Campaign Details - The sweepstakes will run from August 26 to September 8, allowing customers to win NFL regular season tickets by using My Budget Builder [2] - Each week will introduce new responsible gaming engagement methods, with additional ticket giveaways and a grand prize trip to Super Bowl LX for using My Stat Sheet [2][3] Group 2: Tool Highlights - My Budget Builder, launched in June 2025, builds on the success of My Stat Sheet, which has been utilized by approximately 3.4 million customers to track their gaming activity [3] - DraftKings emphasizes the integration of responsible gaming tools throughout the customer journey, reinforcing its commitment to responsible play [4] Group 3: Company Commitment - DraftKings is dedicated to providing a fun and responsible gaming experience, sharing a new Code of Responsible Play with customers to promote responsible behavior [4] - The company aims to maintain responsible gaming as a core aspect of its product design and long-term strategy as it continues to grow [4][6]
X @The Economist
The Economist· 2025-08-26 07:40
Market Projections - India's money-based gaming firms were expected to double their collective annual revenues in the next three years [1] - The projected revenue was expected to increase from $38 billion [1] Government Impact - The country's government has foiled the previous revenue projections [1]
X @The Economist
The Economist· 2025-08-26 00:20
Last week India’s parliament banned all money-based online games. Offending operators face fines and prison terms; banks that process their transactions could also be punished. What has prompted the crackdown? https://t.co/pYtq8iNKq6 ...
Can Rush Street Interactive (RSI) Run Higher on Rising Earnings Estimates?
ZACKS· 2025-08-25 17:21
Core Viewpoint - Rush Street Interactive, Inc. (RSI) shows potential as a strong investment opportunity due to significant upward revisions in earnings estimates, indicating a positive earnings outlook and potential for continued stock price appreciation [1][2]. Earnings Estimate Revisions - Analysts have become increasingly optimistic about Rush Street Interactive's earnings prospects, leading to higher earnings estimates that are expected to positively influence the stock price [2]. - For the current quarter, the company is projected to earn $0.07 per share, reflecting a year-over-year increase of 40.0%. Over the past 30 days, one estimate has been revised upward, resulting in an 8.33% increase in the Zacks Consensus Estimate [6]. - For the full year, the earnings estimate is $0.35 per share, representing a year-over-year change of 84.2%. The consensus estimate has increased by 21.57% due to one upward revision and no negative revisions in the past month [7][8]. Zacks Rank and Performance - Rush Street Interactive currently holds a Zacks Rank 2 (Buy), indicating favorable conditions for investment based on promising estimate revisions. The Zacks Rank system has a strong track record of identifying outperforming stocks [9]. - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500, suggesting that Rush Street Interactive may continue to perform well in the market [9]. Recent Stock Performance - Over the past four weeks, Rush Street Interactive shares have increased by 37.8%, indicating strong investor confidence driven by positive earnings estimate revisions [10].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Roblox Corporation – RBLX
GlobeNewswire News Room· 2025-08-25 15:39
Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices involving Roblox Corporation and its officers or directors [1] Group 1: Legal Issues - Louisiana Attorney General filed a lawsuit against Roblox, alleging inadequate controls on its online gaming platform that allow child predators to exploit children [3] - The lawsuit claims that the platform facilitates connections between predators and children, enabling the sharing of sexually explicit material [3] Group 2: Market Reaction - Following the news of the lawsuit, Roblox's stock price dropped by $7.94 per share, a decline of 6.34%, closing at $117.34 per share on August 15, 2025 [4] Group 3: Pomerantz LLP Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering significant damages for victims of securities fraud and corporate misconduct [5]