Online Bookmaker Betway Parent to Go Public in Merger With Acquisition Firm | Investing News

NEW YORK (Reuters) – Super Group, the parent company of online bookmaker Betway, said on Sunday it has agreed to go public through a merger with blank-check acquisition firm Sports Entertainment Acquisition Corp at a valuation of around $5 billion.

The deal comes as Betway, which has its roots in Europe, expands in the United States. Betway also said it has agreed to acquire Digital Gaming Corp, tapping the online sports betting and gaming market in 10 U.S. states.

“The company (Super Group) is projecting EBITDA in excess of $350 million in 2021, with continuous growth that is very healthy thereafter,” Sports Entertainment Chairman Eric Grubman said in an interview. “Those numbers are without the U.S., which is not likely to produce high profits in the next couple of years. The U.S. currently is more about the investment than profit, and is one of many opportunities the company has.”

Reuters

Read More

Georgia Gwinnett College to offer ‘fully online’ information technology degree | News

College degrees traditionally require students to spend at least some time in a classroom, but Georgia Gwinnett College is trying something different.

The Lawrenceville-based school announced this past week that it will begin offering its first “fully online” degree, which will be available for information technology-software development majors. The school already offered an IT major that students could take in a classroom setting, which it will continue to officer, but the new online-only version of the degree will launch this summer.

“The IT field is growing exponentially in Georgia and particularly in the Northeast section of the state where GGC is located,” GGC Provost and Senior Vice-President of Academic Affairs George Low said. “This degree will help us continue to meet the needs of the workforce, while providing a platform for students who prefer remote study.”

U.S. Bureau of Labor Statistics data shows the computer software development field is

Read More

Patriot Software Named Best Payroll for New Users by Motley Fool’s The Blueprint | News

CANTON, Ohio, March 27, 2021 /PRNewswire-PRWeb/ — Patriot Software, LLC, an accounting software and payroll provider, has made The Blueprint’s top 10 list of Best Payroll solutions for 2021. The Blueprint is a Motley Fool service that offers unbiased business and tech expertise.

Earning the title of “Best for New Users,” Patriot Software received a 9.0 out of 10.0 score overall. The Blueprint’s review says that Patriot’s Payroll has “An intuitive user interface, minimal data-entry requirements, and a three-step payroll process [that] lets even a complete novice run payroll with ease.”

Each payroll solution on The Blueprint’s “Best Payroll solutions for 2021” list was evaluated based on ease of use, features, pricing, and customer support. The Blueprint’s team came up with their list through a series of testing and rating payroll systems for small to mid-sized businesses.

“For Patriot, keeping things simple and getting our customers out of

Read More

How a retired cop is helping to solve the law enforcement hiring crisis through technology | News

STOCKTON, Calif., March 26, 2021 /PRNewswire/ — Justin Biedinger was working at Stockton Police Department when he saw an opportunity to revolutionize the way law enforcement agencies do background checks on prospective hires. He knew nothing about designing software or even how to run a business. Biedinger took a leap of faith, and the Guardian software is now helping police departments and sheriff’s offices across the country to do more thorough background investigations in far less time. The software helps public safety agencies avoid hiring bad applicants who might show signs of implicit bias, problems with alcohol or drugs, and helps investigators catch applicant dishonesty much more easily. Guardian has brought many law enforcement agencies out of the dark age; they’re abandoning their archaic pen-and-paper processes and adopting this efficient, effective solution for better use of taxpayer dollars.

Below is Justin Biedinger’s story of how he founded Guardian Alliance

Read More