Sports loving fans in New Orleans can now bet with one of the United States’ fastest growing online bookmarkers with Pointsbet (ASX: PBH) having gained authorisation to accept its first bet in the State of Louisiana. The approval has been granted by the Louisiana Gaming Control Board, making Louisiana the 12th State that PointsBet has
Read More
As more and more companies expand their portfolios to include more sustainable and eco-conscious offerings, Motorcycle dealership company Motorcycle Holdings (ASX: MTO) is not about to be left behind. The Company has acquired one of Australia’s largest motorcycle and electric vehicle importers and distributors, the Mojo Group, for $60 million. Melbourne-based Mojo Group is a
Read More
Cannabis consumers rejoice, medicinal cannabis provider Cronos Australia (ASX:CAU) is very close to finally releasing its Canview platform to make the procurement of the drug an easy affair. The roll-out is happening across stages with the first one comprising a number of order fulfilment upgrades, process improvements and other efficiencies. It was deployed internally within
Read More
Bid adieu to Coles Express stations and retail stores, as soon they will all spell out Viva Energy. In a strategic move for both companies, Coles Group (ASX: COL) has agreed to sell its petrol stations to oil refinery Viva Energy (ASX: VEA) for $300 million. While Viva will use this opportunity to become the
Read More
Given a choice between everyday living and health insurance, which one would you opt for? It is ironic that people are having to choose between these two in the first place, but most are opting for the first. As living costs rise, people are cancelling their health insurance, urging companies like Aussie healthcare fund NIB
Read More
Only for retail company KMD Brands (ASX: KMD) would the phrase “winter is coming” elicit bright smiles and enthusiastic cheers as Kathmandu jackets enjoy a moment in the spotlight with the highest-ever sales growth of over 24.5% for Q4. Though it was the brand’s best-ever winter performance, the excitement has thawed as fewer people buy
Read More
Since the demerger of its lotteries business to concentrate on its wagering business, Tabcorp (ASX: TAH) has made further strides in its restructure with the sale of its eBet business for $62 million, no longer seeing value in its loyalty and tracking systems. Generating EBITDA of $4.4 million and an EBIT loss of $2 million
Read More
Adelaide-based x-ray technology company Micro-X (ASX:MX1) has gained major bragging rights as the leading independent manufacturer of x-ray tech components Varex Imaging Corporation has invested $15 million into the business, thus commencing an equity partnership. As per the agreement, Varex will pay $7.5 million—in five ‘milestones’ for an exclusive licence fee to use Micro-X’s NEX
Read More
More business is being conducted online than ever before, and with such a trend has come major increases to online marketing budgets. Identifying an opportunity to provide businesses with better returns on their online advertising, artificial intelligence company Crowd Media (ASX: CM8) has developed a solution to reduce customer acquisition costs using conversational AI. In
Read More
