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SBC to Hold the Inaugural Capital Markets Forum at the NYSE

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NEW YORK, Feb. 22, 2024 /CNW/ — SBC is gearing up to launch its debut Earnings & More: Capital Markets Forum event at the New York Stock Exchange on May 6, offering 200 attendees a blend of learning and networking opportunities with leading experts.

This exclusive event, organized in collaboration with Earnings+More, aims to unite top minds from investment banks, M&A, and strategic advisory firms, alongside financial analysts and senior decision-makers from the gambling industry. Together, through a series of conference sessions, they will discuss pivotal trends shaping the betting and iGaming space in the United States and globally.

Highlight Conference Sessions

As the era of readily available capital wanes, private equity finds itself under pressure to validate its value proposition. Experts Adam Rosenberg (Senior Advisor | Gaming & Leisure, Blackstone), Joel H. Simkins (Managing Director, Houlihan Lokey), Nanette Heide (Global Chair, Private Equity Group, Duane Morris), and John Decree (Analyst, Global Commercial Real Estate Services) will dissect the specific contributions private equity can make to the gaming industry by evaluating its industry-related historical performance. Among other topics, the ‘Private Equity and Gaming’ panelists will elaborate on which companies they identify as promising targets for private equity involvement, both in the public market and among privately owned enterprises.

The ‘Billion-dollar Babies: The Swing to Profitability’ panel will explore the implications of the shift towards profitability and the rise of billion-dollar EBITDA giants for the rest of the United States’ online sports betting and online casino industry. The panelists will answer questions such as the repercussions the substantial profits amassed by sector frontrunners will have on others in the field, as well as how those earnings are going to be utilized. Andrew Fabian (Investment Banking – Global Technology Group, Citi), Barry Jonas (Managing Director, Truist Securities), Cassandra Lee (Senior Associate, Bettor Capital), and Chad Beynon (Senior Equity Analyst, Macquarie) will also discuss whether the industry will witness increased merger and acquisition activities, among other key discussion points.

As the trend of European companies struggling to penetrate the North American market prompts questions about their ongoing aspirations, the ‘Safe European Home: What do Withdrawals from North America Say about Future Ambitions?’ panel will delve into the associated challenges of the companies retracting their presence from North America. With concerns over wasted capital and failed ventures looming large, Ramy Ibrahim (Managing Director, Moelis & Company), Matt Sodl (Founding Partner & President, Innovation Capital), and Robin Chhabra (CEO, Tekkorp) will discuss strategies for assuaging investor apprehensions and articulating future plans. Scott Longley (CEO, Clear Concise Media) will moderate the session.

As the trend of continuously expanding portfolios with bolt-on deals becomes more challenging, the ‘No More Worlds to Conquer: What Happens When the Bolt-On Deals Dry Up?’ panel shifts the discussion to the future of M&A activity. Sandford Loudon (Partner, Oakvale Capital), Thomas Nicholls (Managing Director, Strategic Advisory Group, PJT Partners), Adam Berger (Partner, Duane Morris), and James Brodie (Head of Interactive, International, MGM Interactive) will zoom in on the quest for value-enhancing deals in Europe and beyond and analyze whether the era of the bolt-on juggernaut is nearing its end, with such opportunities dwindling and shareholders growing increasingly wary of costly expansions.

Once the conference sessions conclude, attendees will be invited to join Networking Drinks on the Trading Floor.

Secure your spot at the Capital Markets Forum.

Conveniently timed, the event precedes the SBC Summit North America, the foremost iGaming & Sports Betting Event in North America, scheduled for May 7-9 at the Meadowlands Exposition Center in New Jersey. This ensures convenience for those interested in attending both events.

View original content:https://www.prnewswire.com/news-releases/sbc-to-hold-the-inaugural-capital-markets-forum-at-the-nyse-302069281.html

SOURCE SBC

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Azure releases Cobalt on ARM; shown by Liftr Insights

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Liftr Insights data reveals extent of Azure’s deployment; following AWS’s lead almost a decade prior.

AUSTIN, Texas, Nov. 13, 2024 /PRNewswire/ — Liftr Insights, a pioneer in market intelligence driven by unique data, revealed data showing the first appearance of Azure’s Cobalt CPU on the ARM architecture.

The introduction of Cobalt implies more growth of ARM is coming.

Liftr data has shown the first appearance of the Cobalt CPU designed by Azure. These new instance types, first appearing in 21 different regions across 4 continents, are run on the ARM architecture and will complement the existing ARM-based instances at Azure, which were sold to Azure by Ampere Computing.

“Our customers and the supply chain has been talking about this shift to ‘home-grown’ coming for years,” says Tab Schadt, CEO of Liftr Insights. “Many years back, AWS forged ahead to prove the value of running instances on their own designs.”

Intel and AMD are paying attention. While their sales to cloud providers have risen over the past few years, as shown by Liftr data, they were losing an increasing portion of the total market each month. That portion was going to ARM-based processors. While ARM represented 4.7% of public cloud CPUs at the end of 2021, it is close to representing 1 out of every 10 instances. For AWS, ARM is close to 1 out of 4 instances. While Azure has less ARM coverage, the introduction of Cobalt implies more growth of ARM is coming.

Ampere Computing is also watching these developments. After AWS’s initial success with their ARM-based instances, Graviton, all the other top cloud providers eventually adopted ARM using Ampere CPUs. Ampere grew from a few hundred instance types in 2021 to thousands and supporting 24.9% of the ARM instances in the cloud as of mid-2024.

“In addition to the power benefits of ARM, price-point is also a factor for enterprises,” says Schadt.

Liftr data show that the average price of the ARM-based instances on a pre-core basis is 50.5% the cost of x86 instances. This is even after a history of x86 prices per core decreases and ARM prices increases, according to Liftr Insights’ half-a-decade of history.

About Liftr Insights
Liftr Insights generates reliable market intelligence using unique data, including details about configurations, components, deployment geo, and pricing for:

Server processors: Intel Xeon, AMD EPYC, Aliyun Yitian, AWS Graviton, and Ampere Computing AltraDatacenter compute accelerators: GPUs, FPGAs, TPUs, and AI chips from NVIDIA, Xilinx, Intel, AMD, AWS, Google, and Qualcomm.

As shown on the Liftr Cloud Regions Map at https://bit.ly/LiftrCloudRegionsMap, among the companies tracked are Amazon Web ServicesMicrosoft AzureAlibaba CloudGoogle Cloud, Oracle CloudTencent Cloud, CoreWeave, Lambda, and Vultr as well as semiconductor vendors AMD, AmpereIntel, Qualcomm, and NVIDIA. Liftr Insights subject matter experts translate company-specific service provider data into actionable alternative data. 

Liftr and the Liftr logo are registered service marks of Liftr Insights. The following are trademarks and/or service marks of Liftr Insights: Liftr Insights, Cloud Components Tracker, Intelligence Compute Tracker, and Liftr Cloud Regions Map. 

The following are registered intellectual property marks, trademarks, or service marks of their respective companies:
Amazon Web Services
Microsoft Azure
Alibaba Cloud
Google Cloud
Oracle Cloud
Tencent Cloud
CoreWeave
Lambda
Vultr
Intel Corporation
Ampere Computing
Qualcomm
NVIDIA
AMD
ARM 

View original content to download multimedia:https://www.prnewswire.com/news-releases/azure-releases-cobalt-on-arm-shown-by-liftr-insights-302300378.html

SOURCE Liftr Insights

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GEMCAP SOLUTIONS, LLC TO AUCTION THE PERSONAL PROPERTY OF LOOP MEDIA, INC. AND RETAIL MEDIA TV, INC. VIA PUBLIC SALE

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SAN ANTONIO, Nov. 13, 2024 /PRNewswire/ — Pursuant to Section 9-610 of the Uniform Commercial Code, GemCap Solutions, LLC, as servicer and attorney-in-fact for secured party GemCap Holdings, LLC (the “Secured Party”) will hold a secured party public sale to the highest and best bidder for cash, with reserve, to be conducted telephonically by the Secured Party on Thursday, December 5, 2024 at 11:00 a.m. Central Standard Time (the “Public Sale”). Qualified Bidders (defined below) may attend the Public Sale telephonically.

The Secured Party is conducting the Public Sale to foreclose the security interest held by the Secured Party in and to substantially all of the personal property assets LOOP MEDIA, INC., a Nevada corporation, and RETAIL MEDIA TV, INC., a Nevada corporation, jointly and severally (the “Borrower”) including, without limitation, (i) inventory (“Inventory”), (ii) accounts receivable (“Accounts Receivable”), (iii) certain machinery and equipment owned by the Borrower all as set forth on the schedule prepared by Secured Party (collectively, the “FF&E”), (iv) all of its patents, trademarks and trade names, including “Loop”, “Loop Media”, “Music News Loop”, and “Retail Media TV”; domain names owned by Borrower, including www.loop.tv; and the Borrower’s customer list (collectively, the “Intellectual Property”), and (v) trade fixtures (“Trade Fixtures”). The Inventory, Accounts Receivable, FF&E, Intellectual Property and Trade Fixtures are collectively referred to as the “Public Sale Collateral”.

The Secured Party is conducting the Public Sale to foreclose the lien and security interest held by the Secured Party in and to the Public Sale Collateral.  At the Public Sale, all of Borrower’s right, title and interest in and to the Public Sale Collateral will be sold “as is” and “where is” and the Secured Party shall make no representation or warranty, either express or implied, relating to title, use, quiet enjoyment, possession, merchantability or fitness for a particular purpose, completeness, condition or the like, all of which are hereby disclaimed, in the sale or disposition of the Public Sale Collateral.  In addition, the Public Sale Collateral is being sold (i) free and clear of Secured Party’s liens and any subordinate security interests, and (ii) without recourse to Secured Party, its attorneys and representatives.  The Public Sale of the Public Sale Collateral, if made, shall be to the highest and best bidder.

In order to participate in the bidding process, each person or entity (a “Potential Bidder”) must deliver to the undersigned (i) an executed confidentiality agreement in form and substance acceptable to Secured Party, (ii) current financial statements of the Potential Bidder or other evidence acceptable to Secured Party that will show the financial ability of the Potential Bidder to purchase the Public Sale Collateral, (iii) a completed and executed Asset Purchase Agreement in the form provided by Secured Party, and (iv) a deposit in an amount equal to ten percent of the bid amount which will be held in escrow by Secured Party.  A Potential Bidder that complies with the foregoing requirements shall be deemed a “Qualified Bidder”. Those Qualified Bidders participating at the Public Sale shall be provided with the telephone number and passcode to attend the Public Sale and shall be given the opportunity to bid on a competitive basis.

At the Public Sale, each of the Inventory, Accounts Receivable, and the Intellectual Property, may be offered for sale in separate lots or in combination lots and the Public Sale Collateral will be offered as a single lot.  At the conclusion of the Public Sale, the successful bidder(s) must pay the final bid amount in full by a wire transfer of funds to the Secured Party.  The Secured Party reserves the right to credit bid on any or all of the Public Sale Collateral at the Public Sale.  The Secured Party reserves the right to reject all bids, adjourn or cancel the Public Sale.

For further details regarding the Public Sale Collateral, obtaining the confidentiality agreement and the form asset purchase agreement, and information regarding the Public Sale, you may contact either Michael Berens, Esq. by email at mberens@gmail.com or by telephone at (530) 304-6922 or David Ellis by email at dellis@gemcapsolutions.com or by telephone at (310) 494-1437.

Media Contact:
David Ellis
Email: dellis@gemcapsolutions.com
Direct: 310-494-1437

View original content:https://www.prnewswire.com/news-releases/gemcap-solutions-llc-to-auction-the-personal-property-of-loop-media-inc-and-retail-media-tv-inc-via-public-sale-302304304.html

SOURCE GemCap Solutions, LLC

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CINC Systems Announces Formation of Client Advisory Circle

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Exclusive client advocacy community aims to drive innovation and collaboration in the community association management industry.

DULUTH, Ga., Nov. 13, 2024 /PRNewswire/ — CINC Systems, the leading software solutions provider for the community association management (CAM) industry, announced today the formation of a client advocacy community dedicated to fostering conversation, collaboration, and innovation in the CAM space. This group’s formation aligns with the significant investments CINC is making in releasing multiple new groundbreaking products.

“We succeed when our clients thrive,” said CINC Systems Chief Client Advocate Dawn Randall, the committee’s executive sponsor. “I’m excited to collaborate with such an incredible group of industry leaders. This partnership will allow CINC to meet our industry’s evolving needs while providing a valuable platform for like-minded executives to network and ideate. I look forward to engaging in impactful conversations and creating lasting change together, focusing on solutions that lessen tedious tasks and allow for more meaningful work. By collaborating side-by-side, we will better serve our clients and elevate the business of community.”

CINC has long relied on client input to drive feedback. This group puts more structure around the effort. The new Advisory Circle brings together leaders from a diverse range of CAM companies across the U.S. Creating a unique balance of perspectives ensures that CINC hears the needs of the entire industry.

“If you’re not currently included, rest assured—this is an evolving board, and there will be future opportunities to join,” Randall said. CINC will continue to add to the board as soon as next year. Each board member serves a term to ensure fresh perspectives and new voices can continually contribute.

The group listed below was selected as CINC launched this initiative.

Terri Allen of Spectrum Association ManagementLiz Commando of Taylor Management Company Tracy Durham of Edison Association Management Jason Delgado of Rise Association Management Jamie Falconer of Foster Premier Management Dana Hizkaya of Next Generation Management Services Christina McCandless of Principle Association Management Company Kyle Priestley of Priestley Management Company Janice Roberts of Kuester Management Group Blake Sanford of PMI Corporate Brad van Rooyen of HomeRiver Group Steve Weclew of Condominium Associates Gail Windisch of Tidewater Property Management 

Founding member Brad van Rooyen said, “I am honored to be a part of it. I am looking forward to the meaningful collaboration, communication, and networking events that this group has to offer.”

The Advisory Circle is the latest CINC Systems initiative designed to empower CAM professionals and advance the industry. Members are committed to supporting ongoing programs that include industry events, research and reports, legislative advocacy, and the “CINC Tank,” where innovative ideas are identified, tested, and launched.

“The most successful CAM companies will be those that embrace transformation,” said CINC Systems CEO Ryan Davis, also an executive sponsor of the Advisory Circle. “CINC is dedicated to paving the way forward, not only with intuitive products, but also by creating the conditions for collective knowledge sharing, problem-solving, and innovation. I’m thrilled to welcome our founding Advisory Circle members and honored to work alongside these visionary leaders. Together, we can stamp out the tedious work and allow CAM leaders to focus on the meaningful work they enjoy.”

About CINC Systems
CINC Systems is the largest provider of accounting and management software in the community association management industry and the innovator behind accounting and banking integration. Founded in 2005 by a banker as the industry’s first SaaS platform, CINC has evolved into the largest and fastest-growing software provider in the CAM industry. With a team of more than 250 employees, CINC delivers software and applications to tens of thousands of associations across the U.S., reaching millions of homeowners. In January of 2024, Hg Capital made a significant investment in CINC to accelerate the company’s growth trajectory and institute rapid product development.

View original content to download multimedia:https://www.prnewswire.com/news-releases/cinc-systems-announces-formation-of-client-advisory-circle-302304308.html

SOURCE CINC Systems

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