Ebet Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Consumer Discretionary : Hotels, Restaurants & Leisure | Small Cap Growth
Company profile

EBET, Inc. operates platforms to provide a real money online gambling experience focused on i-gaming including casino, sportsbook and esports events. The Company operates under a Curacao gaming sublicense and under a strategic partnership with Aspire Global plc (Aspire) allowing the Company to provide online betting services to various countries around the world. The Company operates online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It operates seven online wagering brands, through Websites and mobile applications, where it accepts deposits and funds from its customers and offer its customers the ability to use those funds to wager on slot and table games, live casino games as well as virtual sport computer simulated games and sports betting. It has market access for its esports products in various regulated markets, including the United Kingdom, Germany, Ireland, Malta, and Denmark, among others.

Closing Price
Day's Change
-0.0202 (-39.00%)
B/A Size
Day's High
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(Heavy Day)

10-day average volume:

Rivals Microsoft, Oracle expand their cloud partnership

4:37 pm ET September 14, 2023 (MarketWatch)

By Jon Swartz

Deal marks a significant strategic shift in the cloud market

Tech rivals Microsoft Corp. and Oracle Corp. on Thursday deepened a four-year-old cloud partnership, signaling more cooperation in the fast-evolving software and AI markets.

The accord will make it easier for Oracle (ORCL) users to run Microsoft (MSFT) Azure's AI on top of the Oracle database, the companies said. Previously, Oracle customers had to run a separate dashboard within Microsoft's Azure Cloud dashboard to integrate the competing platforms.

Customer previews of the new service, called Oracle Database@Azure, will be available in early 2024 in regions of the U.S., U.K. and Germany. Oracle and Microsoft declined to disclose financial details of the plan.

"We have a real opportunity to help organizations bring their mission-critical applications to the cloud so they can transform every part of their business with this next generation of AI," Microsoft Chief Executive Satya Nadella said in a statement. Microsoft Azure will be the only other cloud provider to run Oracle's database services, he said.

"Most customers already use multiple clouds," Oracle co-founder and Chief Technology Officer Larry Ellison said in a statement. Seamlessly connecting Oracle's database technology with Azure Services will let "customers experience the best possible database and network performance," Ellison said.

Ellison and Nadella made the announcement at Microsoft's Redmond, Wash., headquarters.

The deal marks a significant strategic shift in the cloud market. Before, cloud providers attempted to lock users on one platform. But that isn't feasible as the cloud has become more central to operations, and customers now usually use multiple cloud offerings.

Shares of Microsoft and Oracle were flat in after-hours trading Thursday.

-Jon Swartz

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.


(END) Dow Jones Newswires

September 14, 2023 16:37 ET (20:37 GMT)

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