UK-based Amelco, one of the world's leading suppliers of sports betting software and trading services, has confirmed that it has secured regulatory approval to sell its online solutions in the US state of Colorado.
Private Equity majors are closely watching companies in distress, economic activity going bad, higher demand for money to fund expansion and they are ready to hunt for bargains. As per a report published by the Telegraph, nearly 70 percent of private equity firms said that they are evaluating deals to buy companies (or acquire majority stake) in distress. While economists are arguing over V-shaped or U-shaped recovery for the economy, private equity firms have set their eyes on the best bargain they can get for their money.
In the United Kingdom, government officials are reportedly mulling plans to reclassify so-called loot boxes in gaming due to concern that these products are training and encouraging children to gamble.