Brief: Pferdewetten.de To Enter Sports Betting Retail Business
23/07/2021 15:48
July 23 (Reuters) - PFERDEWETTEN DE AG EMHn.DE :
* INTENDS TO ENTER THE SPORTS BETTING RETAIL BUSINESS
* SIGNS LETTER OF INTENT TO FOUND JOINT COMPANY WITH
BUSINESS
PARTNERS, THROUGH WHICH ENTRY INTO STATIONARY SPORTS BETTING
BUSINESS IS TO BE IMPLEMENTED
* IS TO HOLD 70% OF THE JOINT COMPANY
* BUSINESS PARTNERS HAVE SPORTS BETTING SOFTWARE FOR RETAIL
AND
ONLINE BUSINESS
* IS GRANTING A LOAN OF UP TO EUR 8 MILLION TO FINANCE THE
NEW
COMPANY
Source text for Eikon: ID:nEQ59t5hsa
Further company coverage: EMHn.DE
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
Recent news on pferdewetten de AG
See all newsBrief: Pferdewetten.De AG Says Supervisory Board Appoints Mark Schiedel As Interim Chief Financial Officer
Brief: Pferdewetten.de AG Says Resolves On Capital Increase With Subscription Rights With A Total Issue Volume Of Up To EUR 8.0 Million
Brief: Pferdewetten.de Submits FY21 Dividend Proposal Of EUR 0.10 Per Old Share
Brief: Pferdewetten De Q1 EBITDA At EUR 0.89 Mln
Brief: Pferdewetten DE Receives Extended License To Include Stationary Operations