Posts Tagged "investments"

Horse Racing: Big Blow to Alberta as Northlands Track is Hosting its Last Season of Horse Racing

Horse Racing: Big Blow to Alberta as Northlands Track is Hosting its Last Season of Horse Racing

The 116 years old Edmonton’s Northlands Track in Alberta will close down after 2016 season of horse racing. We know of a number of eye catching fun places that goes to shatters because of a new investment plan and, well, the Northlands track is no different.

Vision 2020, as the redevelopment plan of Northlands track is known, will shut down the 64 hectares of the site on August 20, 2016 after the 87th running of a Canadian derby.

The Northlands Track is run by a non-profit organization and boasts of creating employment to over 7000 people in the province. Cathy Kiss, Northlands vice president said, “There is going to be change”.

Brian Bygrave, director of Horsemen’s Benevolent and Protective Association of Alberta said, “Without Northlands, racing in Alberta would look awfully bleak”.

This does not go without saying that the industry will have to look at new venues. Horse owners and clients are concerned whether to breed their mares or to cancel their investments respectively.

There is a Balzac track but it is not yet complete since it has facilities of thoroughbred horse racing. Thoroughbred horses cannot use similar tracks to those of standard bred since they need stable and different track surface.

The only option left will be that of using local casinos to bet in the off track betting system.

The fall down of more than a century old racing track will bring rise to a new investment that will also benefit the community around Northlands track.

Virginia Park to the south and Bellevue to the east will benefit from increased amenities and their property values will be tripled as well. Safe to say it also has its perks.

Tony Caterina, Northlands councillor and board member said, “The possibilities are endless”.

Read More

Unikrn platform by eSprts has a new investor; Ashton Kutcher

Unikrn platform by eSprts has a new investor; Ashton Kutcher

The well-known Ashton Kutcher a Hollywood film star as well as technological evangelist has officially revealed that he will put in money as investment in eSport’s Unikrn wagering platform. This will be through the venture capital firm; Sound ventures.

It was just recently the film star feature in a movie as a technology pioneer Steve Jobs the man who founded the Apple in a film that was entitled Jobs is well known to have cemented his investment passion and made a huge step in it and has made numerous investments with various enterprises among them FourSquare, Uber, Airbnb as well as SoundCloud.

The Hollywood film star together with his long-term associate Guy Oseary who is the Co-Founder of Sound Ventures claimed that they would take up the initiative of giving advice as well as being on the look to Unikrn. This comes as the firm is on the verge of incorporating in fresh products in the market.

On the 30th day of June, Unikrn Series A round reported that it had brought together a sum of $7 million as its total capital. Since then, the company based in Seattle has seen its total value rise to $10 million as it funds the Crunchbase profile. The firm which has done entirely everything and used resources at its disposal is under the leadership of former director to Microsoft Ventures. This man is none other than Rahul Sood, he claimed that they will work extra hard in making sure that the entity is one of the best leaders in the competitive eSport gameplay and eSport wagering markets.

Sound Ventures Rahul Sood the CEO Unikrn claimed that he was pleased to initiate the Unikrn Arena and freeing the Unikrn Vault App in attempt to give its royal clientthe amusement they wish for. He continued to claim that incorporation of both Ashton Kutcher and Guy Oseary was a huge step as the two are renowned investors who pick the best enterprise and would bring more connections to his firm. This association would bring more success to each stakeholder of the company.

On the other hand, Ashton claimed that this is a chance to invest in various startups but was attracted more by Unikrn who have a unique way of changing various ways in which people integrate in the eSport market.

Read More

Synot Group now in a deal with Australian slot developer; Atlas Gaming

Synot Group now in a deal with Australian slot developer; Atlas Gaming

Synot Group the Eastern European gambling and betting operator has announced that it has made a little investment with Atlas Gaming; a company based in Australia and involves itself with manufacturing machine gaming equipments. This comes as an included deal of a part that involved its previous deal that was stuck between them and South African gambling investment firm Grand Parade Investments (GPI).

The new deal stipulates that The Synot Group investment in Atlas Gaming will oversee itself from its base in Czech being vigorously involved in the distribution of services all across the globe taking the name of Australian manufactures.

Since the Australian manufacture is well known in the world, the company would take this glorious chance in attempt to publicly showcase itself to the world populace and gamers who may end up signing in with them as potential clients if they would be pleased with its products as well as services. However, Synot group was reluctant in giving more information on the terms that would be incorporated as they invested in Atlas Gaming.

The management team based in Atlas Gaming claimed that it is on the verge of expanding its services based on the gaming machine products for its Australian as well as the South African markets. This, it claimed would raise more awareness about the firm and its products to unawares clients and in turn the company would actually increase its revenue.

The new investment for the two companies will give Synot Group a through way channel that would make its products and services familiarized in Eastern Europe.

Miroslav Valenta Jr. who is the Synot Group Sales Director was very pleased with the deal and received his new associates the GPI with open arms claiming that the company has been in existence for a short period and it was about to vanish due to lack of investors. However, his company was much willing to strike a deal that would be a great boost to the firm where it would be popularized in the global markets. He continued to say that this association is not necessarily on investments but looks beyond the acquaintance of new markets for maximization of revenues.

Read More

Rise of a new empire in online betting, the daily fantasy sport

Rise of a new empire in online betting, the daily fantasy sport

The make-believe daily fantasy sport is the new gold mine bettors and online players as even real-life kings of professional sports in the teams, leagues and media empires are betting on the daily fantasy sport. Individuals are betting and putting large stakes on fantasy sports. This thus puts the season in a hyper drive with grand prizes with the country’s bans on the different online sport betting.

 

DraftKings, the site for the daily fantasy said that in this week it had received investments from Madison Square garden, Fox Sport the national leagues of hockey, soccer and baseball that amounted to a total of $300 million. Earlier this month its chief rival, FanDuel had received $275 million from NBC sports, Time Warner’s Turner Sports, Google and other investors. This shows how the fantasy sport is getting the attention of many online bettors and bookies.

 

Fantasy sport started as an online nerd distraction and now is seemingly the new and large outpouring event and has made way to being a prize dazzling industry as well as a gamblers niche to make some good money. But to some players, the business has an advantage as since the online game does not make so much money, it however makes players get hooked on the game of which when utilized could turn to being a rewarding franchise. With this they get to mold the next generation of fans and get sport junkies get hook on the game.

 

Eric Shank, the sport president said that more people get to played the fantasy games the more they bought their products and with this they get to make some money. Fantasy football has been played in America for quite a while now and over the years gotten many fans across the country. It has been part of America’s mainstream events in workplaces with fantasy rosters now even available in then ESPN. In 2005, fantasy football was played with 12 million people in North America and this has seen an upward trajectory with up to 56 million people being expected to play the game this year.

 

The previous version of the fantasy league is a bit different from the daily one as it required commitment all through the season. The daily fantasy is much easy and players can set up a fantasy tam in the morning through their computers or phones and get the result by the end of the day before the next match. The daily fantasy is much like a slot machine while the season long fantasy is being compared to a long time investment.

Read More

Recent Comments

    Always bet responsibly and never gamble what you cannot afford. Here at sports-bettingsites.com we support responsible gambling. If you think that problem gambling is affecting you and/or those close to you you might want to contact gamcare and if you want to gain greater gamble awareness you can visit gambleaware.co.uk for more information.