M&A

New industry-backed SPAC targets US gaming acquisition worth at least $1bn

Tekkorp Digital Acquisition Corp is led by big hitters including Matt Davey and Robin Chhabra

A new Special Purpose Acquisition Company (SPAC) led by former NYX and Scientific Games CEO Matt Davey is seeking a US sports betting acquisition worth at least $1bn (£760m). Tekkorp Digital Acquisition Corp will begin trading today on Nasdaq and is expecting to raise up to $250m through its IPO. In its S1 SEC filing,…

Finance | Fox Bet | M&A | NYX Gaming Group | Robin Chhabra | Scientific Games | SPAC | Tekkorp Digital Acquisition Corp | US sports betting

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