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i3 Interactive to rebrand as Interactive Games Technologies

i3 Interactive to rebrand as Interactive Games Technologies 3rd March 2021 | By Robert Fletcher Online gambling solutions provider i3 Interactive has announced it is to rebrand as Interactive Games Technologies, with effect from tomorrow (4 March). i3 Interactive has previously stated that it would rebrand as International Game Technologies, but will instead adopt the Interactive Games Technologies name from the start of trading on 4 March on the Canadian Securities Exchange. The provider said shareholders will not be required to take any action as a result of the name change, while outstanding share and warrant certificates will not be impacted. Confirmation of the rebrand comes after the provider in December announced that it had completed the acquisition of a controlling interest in an unnamed Indian entity that owns and operates an online poker brand in the country.

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Rising Interest Rates May Continue to Test the Stock Market in the Week Ahead

Jerome Powell is the most important speaker, when he appears at a Wall Street Journal summit Thursday. If he wants to stop this rise in rates, he does have to say something. But he risks sounding hawkish. The more dovish he sounds, the higher rates will go, said Peter Boockvar, chief investment officer at Bleakley Advisory Group. When the Fed is described as dovish, it means it is maintaining easy policy, such as keeping interest rates at low levels. Some Fed watchers doubt the central bank will comment on the rise in yields any more than Powell did this past week when he said the move was the result of a strengthening economy. But bond pros say Powell could reinforce that Fed policy will remain easy for a long time to come.

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