ISLE OF MAN

Rivalry Issues 2022 Business Update

Retrieved on: 
Tuesday, January 4, 2022
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TORONTO, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Rivalry Corp. (the Company or Rivalry) (TSXV: RVLY) (FSE: 9VK), an internationally regulated sports betting and media company, today issued a letter to shareholders summarizing recent progress and outlining strategic priorities for 2022.

Key Points: 
  • TORONTO, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Rivalry Corp. (the Company or Rivalry) (TSXV: RVLY) (FSE: 9VK), an internationally regulated sports betting and media company, today issued a letter to shareholders summarizing recent progress and outlining strategic priorities for 2022.
  • At Rivalry Corp. (Rivalry or the Company) we aspire for every year to exceed the last, and in 2021, our third full year of operating, we did just that.
  • The investment we will be making in all key areas of the business will likely exceed the past three years combined.
  • We will continue to deliver, and 2022 will demonstrate to the market what kind of pace we are capable of.

Monument Re and AXA Belgium Agree the Transfer of a Run-off Life Insurance Portfolio

Retrieved on: 
Tuesday, December 21, 2021
Finance, Banking, Accounting, Professional Services, Insurance, MAB, National Bank of Belgium, AXA, INTEGRALL, CEO, Isle, Monument, National bank, Hannover Re, Bermuda Monetary Authority, Insurance, Empire Life, Nasdaq

Monument Re, through its subsidiary Monument Assurance Belgium (MAB), and AXA Belgium have agreed today for the transfer of a run-off life insurance portfolio with BEGAAP provisions of EUR2.6bn, subject to regulatory approvals.

Key Points: 
  • Monument Re, through its subsidiary Monument Assurance Belgium (MAB), and AXA Belgium have agreed today for the transfer of a run-off life insurance portfolio with BEGAAP provisions of EUR2.6bn, subject to regulatory approvals.
  • Monument Assurance Belgium (MAB) is a Belgian life assurance company regulated by the National Bank of Belgium.
  • MAB is a member of the Monument Re Group and has established itself as the leading consolidator of life insurance and pension portfolios in Belgium.
  • Monument Re is a life insurance reinsurer and insurance holding company with a proven track record in acquiring capital-intensive European portfolios.

Real Luck Group Ltd Welcomes William Moore as Chief Financial Officer

Retrieved on: 
Friday, December 17, 2021
Luckbox, Online, Gambling, Phrase, Forward-looking statement, ACCA, LSE, Isle, CS, Company, B2C, Board, OGRA, NYSE, Growth, Industry, Rising Star, Bally Technologies, Dota 2, Acquisition, TSX Venture Exchange, B2B, Gala Bingo, Statistics, Marketing, Esports, CFO, AB, EGR, Multimedia, League of Legends, League, News, Technology, Online and offline, Online gambling, Group

(TSXV: LUCK) (OTCQB: LUKEF) (the "Company") and its subsidiary companies doing business as " Luckbox " (the "Group"), an award-winning provider of licensed, real-money esports and sports betting, is pleased to announce the appointment of William Moore as its new Chief Financial Officer.

Key Points: 
  • (TSXV: LUCK) (OTCQB: LUKEF) (the "Company") and its subsidiary companies doing business as " Luckbox " (the "Group"), an award-winning provider of licensed, real-money esports and sports betting, is pleased to announce the appointment of William Moore as its new Chief Financial Officer.
  • Mr Moore said: "I strongly believe that Real Luck Group is at an inflection point where it can significantly scale player acquisition and revenues.
  • I'd like to thank everyone at Real Luck Group for making my time with the Company fun and enjoyable."
  • His efforts have positioned Real Luck Group to enter the next phase of growth with a solid balance sheet and low operational costs.

Q BioMed Shows Significant Uptrend in Revenues in Year-End Update

Retrieved on: 
Thursday, December 16, 2021
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NEW YORK, Dec. 16, 2021 /PRNewswire/ -- Q BioMed Inc. (OTCQB: QBIO ), a commercial-stage biotech company, provides this update to shareholders with positive trend in revenues, advancement in pipeline assets and imminent uplisting to Nasdaq.

Key Points: 
  • NEW YORK, Dec. 16, 2021 /PRNewswire/ -- Q BioMed Inc. (OTCQB: QBIO ), a commercial-stage biotech company, provides this update to shareholders with positive trend in revenues, advancement in pipeline assets and imminent uplisting to Nasdaq.
  • This uptrend is a very positive sign as we continue to roll out our Strontium89 commercial program.
  • Since Q BioMed's inception 5 years ago, we have been busy building significant value ranging from blockbuster potential drugs to revenue-producing opportunities.
  • Q BioMed is focused on licensing and acquiring undervalued biomedical assets in the healthcare sector.

A Rapidly Expanding eSports Ecosystem Attracts Institutional Attention

Retrieved on: 
Monday, December 13, 2021

Additionally, awareness about esports is rapidly expanding in large part thanks to technological advancements and higher income levels around the world.

Key Points: 
  • Additionally, awareness about esports is rapidly expanding in large part thanks to technological advancements and higher income levels around the world.
  • Most projections put the eSports ecosystem on track to surpass USD 1 Billion in revenue for the first time this year.
  • Our mission is to bring the excitement of esports betting to the entire world through fully licensed, secure online platforms.
  • Our ecosystem consists of subsidiaries in esports, iGaming, product branding, digital advertising and marketing campaign design that are all complementary drivers of our future revenue growth.

A Rapidly Expanding eSports Ecosystem Attracts Institutional Attention

Retrieved on: 
Monday, December 13, 2021

NEW YORK, Dec. 13, 2021 /PRNewswire/ -- eSports is a relatively new and fast-growing industry. Just like traditional professional sports, eSports teams have owners, franchises, endorsement deals, cash prizes from tournament winnings, and more—all contributing to their annual revenue and total valuation. Additionally, awareness about esports is rapidly expanding in large part thanks to technological advancements and higher income levels around the world. And, according to a report by Business Insider, eSports viewership is expected to grow at a 9% compound annual growth rate (CAGR) between 2019 and 2023, up from 454 million viewers in 2019 to 646 million viewers in 2023, per Insider Intelligence. Most projections put the eSports ecosystem on track to surpass USD 1 Billion in revenue for the first time this year. Subsequently, Newzoo projects revenue to hit the USD 1.8 Billion by 2022. Intema Solutions Inc. (TSX-V: ITM) (OTC: ITMZF), DraftKings Inc. (NASDAQ: DKNG), Take-Two Interactive Software, Inc. (NASDAQ: TTWO), Super League Gaming, Inc. (NASDAQ: SLGG), Electronic Arts Inc. (NASDAQ: EA)

Key Points: 
  • Additionally, awareness about esports is rapidly expanding in large part thanks to technological advancements and higher income levels around the world.
  • Most projections put the eSports ecosystem on track to surpass USD 1 Billion in revenue for the first time this year.
  • Our mission is to bring the excitement of esports betting to the entire world through fully licensed, secure online platforms.
  • Our ecosystem consists of subsidiaries in esports, iGaming, product branding, digital advertising and marketing campaign design that are all complementary drivers of our future revenue growth.

ErosSTX Enters Into a Definitive Agreement for the Sale of its STX Entertainment Subsidiary to The Najafi Companies

Retrieved on: 
Tuesday, December 7, 2021
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At the closing of the transaction contemplated by the purchase agreement, an affiliate of Najafi will acquire STX Entertainment through the purchase of all of the issued and outstanding shares of common stock of a parent entity of STX Entertainment and wholly-owned subsidiary of ESGC.

Key Points: 
  • At the closing of the transaction contemplated by the purchase agreement, an affiliate of Najafi will acquire STX Entertainment through the purchase of all of the issued and outstanding shares of common stock of a parent entity of STX Entertainment and wholly-owned subsidiary of ESGC.
  • Under specified circumstances set forth in the purchase agreement, Najafi will be required to pay ESGC a termination fee of $4.5 million (less the $2 million Najafi deposit) if Najafi fails to close the transaction.
  • The transaction with Najafi is subject to customary closing conditions, including its lenders confirmatory due diligence.
  • The Najafi Companies, based in Phoenix with offices in Los Angeles and New York, is an entrepreneurially driven private investment company founded by Jahm Najafi in 2002.

Real Luck Group Reports Q3 2021 Financial Results

Retrieved on: 
Tuesday, November 30, 2021
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Strong cash position -- The Company ended Q3 2021 with $15.8 million in cash, and no debt.

Key Points: 
  • CALGARY, AB and ISLE OF MAN, Nov. 30, 2021 /PRNewswire/ - Real Luck Group Ltd .
  • (TSXV: LUCK) (OTCQB: LUKEF) ("Real Luck Group" or the "Company") and its subsidiary companies doing business as " Luckbox " (the "Group"), an award-winning provider of legal, real-money esports and sports betting, today filed financial results for the nine months ending September 30, 2021 on SEDAR .
  • Strong cash position -- The Company ended Q3 2021 with $15.8 million in cash, and no debt.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/real-luck-group-reports-q3-2021...
    SOURCE Real Luck Group Ltd.

Monument Re Signs Agreement to Sell Robein Leven N.V.

Retrieved on: 
Thursday, November 25, 2021
Insurance, Professional Services, Bermuda Monetary Authority, Isle, Acquisition, Monument, Solvency, Insurance, Surveying

Monument Re announced today that, subject to regulatory approval, it has entered into an agreement to sell Robein Leven N.V. and its subsidiary Robein Effectendienstverlening (collectively Robein) to Chesnara plc through its existing Netherlands-based platform, the Waard Group.

Key Points: 
  • Monument Re announced today that, subject to regulatory approval, it has entered into an agreement to sell Robein Leven N.V. and its subsidiary Robein Effectendienstverlening (collectively Robein) to Chesnara plc through its existing Netherlands-based platform, the Waard Group.
  • Robein Leven is a closed life insurer domiciled in the Netherlands with traditional and linked savings products, mortgages and annuities.
  • Aperghis & Co acted as financial adviser to Monument Re with Simmons and Simmons providing legal counsel.
  • Monument Re has a presence in Bermuda which has full Solvency II equivalence along with Switzerland.

Rivalry Announces Record Third Quarter 2021 Results

Retrieved on: 
Wednesday, November 24, 2021
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TORONTO, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Rivalry Corp. (the Company or Rivalry) (TSXV: RVLY) (FSE: 9VK), an internationally regulated sports betting and media company, today announced its financial results for the three and nine month periods ended September 30, 2021.

Key Points: 
  • TORONTO, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Rivalry Corp. (the Company or Rivalry) (TSXV: RVLY) (FSE: 9VK), an internationally regulated sports betting and media company, today announced its financial results for the three and nine month periods ended September 30, 2021.
  • On November 3, 2021, the Company announced that it had achieved record results in the month of October, including all-time highs for betting handle and monthly active bettors.
  • While results will fluctuate from quarter to quarter due to the timing of major esports events, we anticipate strong growth for the foreseeable future, said Mr. Salz.
  • Management will host a conference call at 10:00 a.m. EST on Wednesday, November 24, 2021 to discuss the Companys third quarter 2021 financial results.