Author: Zech
Although energy demand has increased, clean energy technologies have helped the world reduce its use of fossil fuels last year. advertisementAccording to the International Energy Agency (IEA), without clean energy technologies, global carbon emissions would have tripled in the last five years.Global carbon dioxide emissions are set to remain at a record high in 2023, but a new analysis finds that an increase in clean sources has led to a “structural slowdown” in energy-related emissions.While energy demand is growing, the expansion of solar, wind and nuclear power helped the world avoid further use of fossil fuels last year.Electric vehicles, which…
Fleetspace designs and manufactures its own seismic sensors, called Geodes. Credit: Fleetspace The Adelaide, Australia-based space technology company is revolutionizing mineral exploration by delivering 3D subsurface models in a matter of days, greatly accelerating the acquisition and processing of geophysical data used to select drilling targets. Fleet Space Technologies started out in 2015 as a satellite company focused on industrial IoT solutions, such as monitoring remote oil pipelines, offshore wind turbines, and hydroelectric lines, before finding important applications in the mining and exploration industry. “The problem with traditional surveying methods is that it takes time to collect data, process it…
Business combination creates a comprehensive and diverse portfolio of high-performing land-based, digital, and fintech gaming products and services Complementary offering coupled with global reach provides compelling growth prospects with significant synergy opportunities Attractive recurring revenue profile and strong profit margins, balance sheet, and cash flows provide flexibility to allocate capital to drive long-term shareholder value creation IGT CEO Vince Sadusky to lead combined company with executives from both companies in key leadership roles; Everi Executive Chairman Michael Rumbolz to serve as chairman of the board of directors of the combined company IGT Global Lottery business to operate as a pure play global lottery…
Ananta Agarwal(Reuters) – International Game Technology Inc will separate its lottery division from its gaming business and merge it with casino platform provider Everi Holdings to create a separate company worth $6.2 billion including debt.The transaction follows a strategic review of its two divisions, Global Gaming and PlayDigital, which offer gaming systems, iGaming and sports betting, and will enable the independent division to focus on its lottery business, which accounts for more than half of its revenue.IGT’s management has previously said the intrinsic value of its business is not fully reflected in its stock price and urged it to consider…
International Game Technology (IGT) is combining its global gaming and PlayDigital businesses with Ebri to create an “inclusive and diverse” global company. IGT will separate its Global Gaming and PlayDigital businesses and combine them with Everi. Under the agreement, IGT shareholders are expected to own approximately 54% of the combined business. Everi shareholders will own the remaining 46%. The move, which values the combined business at $6.2 billion (£4.9 billion/€5.7 billion) on an enterprise value basis, was unanimously approved by the boards of directors of both companies. The transaction is expected to close later this year or early 2025. Following…
“We are thrilled to have been able to push the boundaries of mobile gaming technology to unprecedented heights at MWC. The incredible honor of receiving the prestigious Best of MWC 2024 award from globally renowned media highlights our unwavering dedication and passion to provide cutting-edge mobile gaming technology that captivates and inspires young professional gamers around the world. This recognition reaffirms our commitment to continuously deliver the most innovative and exhilarating gaming experiences to the next generation of gamers,” said Tony Zhao, General Manager of Infinix. The new technology surpassed the AnTuTu benchmark with an unprecedented score of 2,215,639. This…
The GSMA revealed that 47 mobile operator groups, representing 239 mobile networks and 65% of the world’s connections, have now signed up to the Open Gateway Initiative, designed to accelerate the growth of digital services and apps, unlock the full potential of 5G networks, commercialize network application programming interfaces (APIs) and enable seamless integration with hundreds of participating networks around the world. According to a McKinsey study, network API initiatives could deliver significant value to the telecommunications industry and businesses using 5G networks over the next six years. If telecommunications operators can further expose their network APIs and innovations to…
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To mark a statistic as a favorite, please create an employee account, after which you will be able to access your favorite stats via the star in the header. Register now You are currently using a shared account. To use individual features (mark stats as favorites, set stats alerts, etc.), please log in with your personal account. If you are an administrator, please log in again and authenticate. Log in *For commercial use only Based on your interests Free Statistics Premium Statistics Free + Premium Statistics Reports Market AnalysisThe most important statisticsThe most important statisticsThe most important statisticsThe most important…
The first time I bet at a Las Vegas sportsbook was in 1983, when I bet on the Miami Dolphins as the favorites to win Super Bowl XVII. Washington won handily, 27-17. Having just moved to Las Vegas from Southern California after college, the little sportsbook, then the Bingo Palace, offered a unique Nevada experience. That uniqueness is gone forever. Legal sports betting is on its way to over 40 states. This week on Indy Gaming, we take a look at how Nevada sportsbooks are adapting to the changing landscape. Click here to sign up for Indy Gaming. A sports…