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The near unanimous vote demonstrated the strong level of support from all parties for single-event sports wagering in Canada.
GameOn provides legalized sportsbooks with gaming software solutions, including patent-pending first-screen technology that lets fans make bets with remote controls.
GameOn recently announced advisors with deep sports betting experience: J Moses, a respected game industry veteran who also served as an advisor for the sports wagering platform Bet.Works (recently acquired by Ballys), Mike Vorhaus, seed investor at DraftKings and Skillz, Sean Hurley, previously served as Head of Sportsbook at DraftKings and Sabrina Carrozza, a communications consultant who represents some of the biggest brands in sports, media and technology.
Saudi Arabia has a government investment fund that, according to the
Al Jazeera, acquired US $ 3,3 billion (R $ 17,82 billion, in direct conversion) in three first-rate companies (“AAA” or “triple A”, as the industry jargon says): Activision Blizzard, Electronic Arts (EA) and Take-Two Interactive. The acquisition was conducted over the last quarter of 2020.
The world market for games he has been highly respected for years by Crown Prince Mohammed bin Salman, the son of Saudi King Salman bin Abdul Aziz Al-Saud. According to
Al Jazeera, the prince has stated on several occasions that he is part of the first generation of the kingdom to grow up “playing video games”, even claiming to Business Week, in a 2016 interview, that his favorite series is the franchise Call of Duty from war games by Activision.
This has been a helluva week for Second City news. On Wednesday,
Financial Times first published reports of an imminent sale of the comedy behemoth to private equity firm ZMC, owned by Strauss Zelnick. Zelnick is the CEO of Take-Two Interactive Software, home of the
Grand Theft Auto game franchise. On Thursday, those rumors were confirmed by ZMC; they declined to name the purchase price, but
FT said that the company was expected to fetch about $50 [million].
Coincidentally, Wednesday was also when the newly formed Association of International Comedy Educators, a union for the arts educators and facilitators who teach at Second City, announced that they had filed cards with the National Labor Relations Board seeking recognition as a bargaining unit from Second City. Under the local umbrella of the Illinois Federation of Teachers, the Chicago chapter of AICE represents 160 instructors at Second City. (The branches in Hollywood and Toronto will be represented through Commun
Saudi investors pile $3 billion into major game publishers
The fund is chaired by Saudi Crown Prince Mohammad bin Salman, a self-confessed games fan
BlizzConline. Credit: Blizzard Entertainment
The Saudi Public Investment Fund (PIF) has reportedly purchased over $3billion (£2.1billion) worth of stocks in an array of major video game publishers.
In a report by
Al Jazeera, the SEC filings of the PIF detail an investment in Activision Blizzard, Take-Two Interactive, and Electronic Arts over the course of the fourth financial quarter of last year.
The fund is chaired by Saudi Crown Prince Mohammad bin Salman, who has been seen to take an interest in video game companies in the past. His charity, the Mohammad bin Salman Charity Foundation, also owns a 33.3% stake in SNK which is set to rise to a controlling share of 51% ownership in time. SNK’s largest IPs include