Category: Business
Business06 Mar, 2019 Paddy Power Betfair to possibly change its name
The reputed Irish bookmaker Paddy Power Betfair (PPB) may possibly change its name to ‘Flutter Entertainment’, the group stated. The company said that it would change its name – subject to shareholder approval – because it would better reflect the diversity of its brands and operations....
Business05 Mar, 2019 Kerala opposes uniform lottery GST in Council meeting
The issue of uniform Goods and Services Tax (GST) on the face value of lotteries in India has been receiving a few extra ears. Many stakeholders of the industry have taken this issue up with central and state authorities in the past and since then, the GST Council has held meetings, but...
Business27 Feb, 2019 DraftKings and Caesars sign multi-year partnership
One of the largest daily fantasy sports provider DraftKings has signed a multi-year partnership with Las Vegas-based Caesars Entertainment to include online sports betting among the former’s offerings. Caesars currently provides sports betting services in 14 US states, and they have an ...
Business01 Feb, 2019 Key takeaways from 2019 Budget
The BJP Central Government’s last Union budget of their 4-year term was presented in the Parliament today. The 2019 interim Union Budget was presented by Finance Minister Piyush Goyal early in the day in the lower legislative house, the Lok Sabha. This time’s budget is targeted at the I...
Business31 Dec, 2018 Okada asks Filipino prosecutors to reconsider charges
Japanese business tycoon and ex-Chairman and CEO of Tiger Resorts Leisure and Entertainment Inc. (TRLEI) Kazuo Okada has sought reconsideration of his case with the Philippines Department of Justice (DoJ) earlier this month. Okada has been involved in multiple scandals in the past for w...
Business05 Nov, 2018 Adda52 Founders invest in edutech startup iChamp
The top businessmen always believe in expansion of their business range and that’s exactly what Adda52 founders Anuj Gupta and Mohit Agarwal have gone ahead and done. As a round of seed funding, Adda52, one of India’s leading poker companies, has invested in edutech startup,...
Business03 Jun, 2018 Amin Rozani: 10 Movies that Inspire me
For an entrepreneur, at times it can get really difficult to stay committed and inspired all the time. When work starts taking its toll, chances are there that you can lose sight of the reason why you had started in the first place. However there are a number of ways in which you can st...
Business03 Jun, 2018 Swedish gaming Co. CEO arrested for insider trading
This past week, Cherry AB, an online real money gaming company based out of Sweden, released a statement that they will be terminating CEO Anders Holmgren who was after being arrested by the authorities for “severe insider trading.” In his place the company has appointed Gunner Lind as ...
Business10 May, 2018 Walmart Acquires 77% Stake Worth $16 Bl in Flipkart
Walmart, an American multinational retail corporation that operates supermarkets across the country, has recently acquired Indian e-commerce company, Flipkart, in a record breaking deal. This acquisition, which was completed on 9th May 2018, became the largest deal for an Indian startup...
Business04 May, 2018 ZDream Ventures Invests in Fan Engagement App ‘Cricnwin’
Cricnwin believes that being a fan isn’t just about watching the game, but experiencing, engaging, and evolving along with the game. Cricnwin is a fan engagement app that is solely dedicated to cricket scores & updates, cricket-related news, cricket-related discussions & p...
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