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CalvinAyre.com
NEWSLETTER | JUN 17 2020
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NEWS OF THE DAY

William Hill sees bright post-pandemic future, raising £200m just in case

UK bookmaker William Hill claims to have enjoyed a “strong recovery” from its COVID-19 nadir, but it’s still looking to raise over £200m through a new share issue to help fuel that recovery. Hills said its online operations have “improved significantly” thanks to the resumption of Germany’s Bundesliga football and UK horseracing, while activity has remained “high” for those wacky alternative sports on which punters were forced to wager during the mainstream sports halt.

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RAFI'S MARKETS

Primorye takes another step forward

CalvinAyre.com’s Rafi Farber puts the spotlight on Primorye as the region moves to become the next Macau when it opens a second casino next month. It’s about time Summit Ascent, the only company currently operating there, has some competition. Competition is always good long term, but in this case it may not even hurt Summit Ascent in the short term.

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FROM OUR FRIENDS AT COINGEEK

Coinbase users pull out over $200M in digital currency over privacy concerns

Shortly after Coinbase offered to license its analytics platform to the Internal Revenue Service (IRS) and the Drug Enforcement Administration (DEA), Coinbase users removed over $200 million worth of BTC from the U.S.-based digital currency exchange.

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DAILY ROUNDUP

BUSINESS

Pennsylvania online gambling does heavy lifting for shuttered casinos

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POKER

888poker Freezeout Series promises $665,000 in cold hard cash

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CASINO

US casinos lobbying for cashless payments to address COVID-19 fears

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SPORTS

Betfred to open ‘sports betting lounge’ at Denver Broncos’ stadium

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