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Asked why GiG had returned to B2C, Richards explains the decision was threefold.
“First, our own priorities have shifted,” he says. “We have been explicit that we are moving away from a growth-at-all-costs mindset, towards a more disciplined focus on profitability and cash generation, and 888Africa is immediately accretive on both counts.
“Second, the opportunity itself was time-limited. 888Africa became available because of Evoke’s own strategic evolution, and assets of this quality with this kind of market position do not come up often.
About Fire Blaze Toltec Blocks
iGaming use cases on Bitcoin – We save the best for last. This article discusses Bitcoin SV use cases for the iGaming industry.
Why gaming needs blockchain – iGaming legend Nick Hill breaks down several ways the Bitcoin SV blockchain will benefit the gambling industry, and how operators, players, regulators and others all stand to benefit from adopting the blockchain.
The post Learn about Bitcoin SV without the noise or the nonsense. appeared first on CalvinAyre.com.
About Fire Blaze Toltec Blocks
This is only possible if the club in question allocates at least 0.75% of prescribed profits over $1 million to community-focused activities and services. These profits make up two-thirds of the ClubGRANTS scheme funding.
The final third derives from a further 0.4% of a club’s gaming machine profits over $1 million during a tax year.
However, the scheme has faced ongoing scrutiny and criticism. Clubs can direct the funds towards upgrading their own facilities, and there is no mandated verification for how the grant recipients must deploy the money.