SPACs and sports betting: Perfect synergies

Special purpose acquisition companies (SPACs) have emerged as the preferred tactic for operators to secure stock market listings, as well as gaining access to capital and expertise


Their use highlights growing investor confidence in the rapidly expanding sports betting and igaming sector.

Industry veterans and executives at Tekkorp Digital Acquisition Corp, Matt Davey and Robin Chhabra, explain why SPACs are fast replacing the traditional IPO as the preferred path to a stock market listing.