An operations strategy course for iGaming leaders, about the structural decisions that shape a gambling business rather than its day-to-day running. It covers why fixed cost per market drives most strategic behaviour in the sector, assessing market entry on fully loaded economics rather than headline size, a structured way to decide whether to build, buy or partner for a capability and why switching cost matters more than initial cost, organisational design across functional, market-based and matrix structures, cost structure and which costs really fall with scale, when to rely on evidence and when on judgement, and why change programmes in this sector so often fail.
Written for operations, strategy and general management leads, and for anyone moving from running a function to shaping the business around it.
SkyCity Entertainment Group will run a formal, UBS-led sale of SkyCity Adelaide after inquiries from what it calls "credible interested parties", and has hired advisers to engage with suitors for the entire group. The board says a sale is not certain, and that the approaches it has already had undervalue the company.
Century Mile and Century Downs go to Highfield Investment Group, a Calgary developer with a thoroughbred racing business, at 6.1 times last year's EBITDA. The rent Century stops paying is worth nearly half the price every year, which is why the deal matters more to its balance sheet than its proceeds suggest.
Seven months after buying BMM Testlabs, the New York investment firm Visualize has completed its purchase of eCOGRA, creating a testing and certification group it says holds licences or accreditations in more than 800 jurisdictions. The price of neither deal has been disclosed.