Sportingbet has become the second gaming company in days to reveal takeover interest in its US business since new laws restricting online gambling in the country sent the global gambling industry into turmoil.

However, the company, which yesterday hired small and mid-cap broking firm Daniel Stewart & Co as its broker after Investec Investment Banking quit, warned that the price tag for its US business will not be large.

Sportingbet sets clock ticking on US sale

Vivek Ahuja

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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Homegrown names such as Laopu, Mao Geping and Songmont are winning over customers who are losing their taste for high-end Western brands.

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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Bosses aren’t just unapologetic about staff cuts. Many are touting shrinking head counts as accomplishments in the AI era.

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Many in the Gen Z generation missed out on critical experiences during the pandemic. Bosses should be filling in those gaps.

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The president turned a rare visit to the U.S. central bank into political theater that included hard hats and a back slap.

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Company points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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The biopharmaceutical company said the investment includes plans for a new manufacturing center focused on chronic diseases.

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SS&C Technologies Holdings has struck a deal to buy funds network operator Calastone from private-equity firm Carlyle Group for roughly $1 billion.

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