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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

PYMNTS

The blank check operation that will take Rush Street Interactive public fits the profile. RSI currently holds online gambling licenses in Illinois and Pennsylvania, states where Bluhm’s company Rush Street Gaming has casinos, as well as New Jersey, Colorado and Indiana. RSI is projecting $321 million in revenue for its fiscal 2021.

Online 142
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Southern Bancorp is building wealth for everyone

Independent Banker

approached him about a leadership position in 2013. Williams notes that this often occurs in minority and/or economically distressed markets: Some banks might provide deposit accounts for individuals but then deny them a loan. Over the longer term, Southern Bancorp’s leadership plans to score its loan portfolio for carbon emissions.

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Got $9M? Then You Can Get A Bank

PYMNTS

The recent news that Colorado National Bank had been bought for that sum begs a few questions. They are the owners of Transact Pro , which operates as a payments processing firm in Latvia. And it is a relatively small bank, with just two branches in Colorado. Who were the buyers? And how come so … cheap?

Colorado 101
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10 Top Banking Podcasts You Should be Listening to

Abrigo

or largely focused on the domestic banking market. If you have an interesting podcast to share, please send it to marketing@abrigo.com. It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations. Check them all out in our Knowledge Center.

Community 195
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Legal Cannabis Retail Rides A Wave Of Revenue Growth

PYMNTS

Not really a toddler or baby — even black-market sale of recreational and medicinal pot took on many traits of legitimate retail — but more like a once gawky teenager growing into a graceful, confident person. The report also noted that “since launching in Colorado in 2016, privately held LeafLink has quickly gained traction.

Retail 109
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Best Community Banks to Work For 2022

Independent Banker

Once we’ve been here for 10 years, we are awarded a three-month paid sabbatical,” says Emilie Johnston, chief operations officer. We don’t operate from a position of fear.”. Our leadership consistently articulates and demonstrates a commitment to being a great place to work.”. Reasons to stay. We’re not scared of that.

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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

I chose five years because banks that focus on year over year returns tend to cut strategic investments come budget time, which hurts their market position, earnings power, and future relevance than those that make those investments. MCBS, with a market cap of $705 million, and LTM revenues (net interest income plus fee income) of $125.5

Capital 78