Tekkorp Digital

About

NASDAQ SYMBOLS: TEKK, TEKK.W, TEKK.U

TEKKORP DIGITAL is a NASDAQ-listed blank check company created to acquire and unlock the value of businesses poised for growth in the digital media, sports, entertainment, leisure and/or gaming ecosystems, by coupling transformative expertise with access to the deepest, most liquid public capital markets in the world.

Acquisition by a blank check company with a management team that has sectoral pre-eminence in nurturing and leading growth businesses, we believe, provides a transparent and efficient alternative to bring private companies to the public markets where they can benefit from increasing awareness, a more liquid acquisition currency and greater diversification of funding sources and access to capital.

Our management team of seasoned industry leaders has an unrivalled track record in building, investing, nurturing, acquiring and leading digital companies across digital sports, entertainment and gaming industries. With vast experience, and a deep network of long-standing relationships, we are uniquely positioned to identify and evaluate target businesses for whom our expertise, and a public listing will have metamorphic impact.

Although we may pursue an initial business combination in any sector or industry, we believe the digital media, sports, entertainment, leisure and gaming industries possess some of the most attractive growth opportunities given the expedited consumer shift from physical products to digital offerings, and the industries’ existing consumer demand. The digital sports and gaming market currently accounts for only a fraction of the broader global gaming industry, and we believe that it has significant momentum to gain key market share.

The expertise of our management team will help our partner company accelerate growth via optimisation of engagement, retention and monetization metrics.

We intend to target companies that we believe would benefit significantly from being publicly-traded and that have the necessary substance to be a public company. We expect those companies to meet the following guidelines:

Digital media, sports, entertainment, leisure and/or gaming business ripe for accelerated growth due to their proven organic expansion driven by a sustainable competitive advantage.
Defensible proprietary technology and intellectual property rights that are significantly differentiated and superior to the industry standard.
Accomplished management teams that are eager to work with us and benefit from our expertise.
Companies ready to meet the regulatory requirements of a public entity.
Viable platform for growth via acquisitions.
Businesses that have the necessary substance to become public companies
An appropriate valuation: we are rigorous, disciplined and valuation-centric investors, with a keen understanding of market value, upside and potential downside risks.

Team

Management

Matt Davey has been active for over 25 years within the digital media, sports, entertainment, leisure and gaming ecosystems, with additional specialist experience in government and regulatory roles. He is an experienced public company executive officer who has overseen more than ten mergers and acquisitions and over $1.2 billion in debt and equity capital raised to support the companies he has led.

Most recently, Mr. Davey was CEO of SG Digital, the digital division of Scientific Games Corp. (“Scientific Games”) (Nasdaq: SGMS). SG Digital was established following the $631m purchase in 2018 by Scientific Games of NYX Gaming Group Ltd (“NYX”) (formerly TSXV: NYX), where Mr. Davey served as CEO.
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As CEO of NYX, Mr. Davey developed and executed a corporate strategy that generated strong revenue growth. He shaped company strategy to focus on digital gaming supplier platforms and content that provided myriad gaming operators with the underlying gaming and sports betting systems for their online businesses. In 2014, Mr. Davey oversaw the initial public offering of NYX, and subsequently led the company through seven acquisitions which established NYX as one of the fastest growing global B2B real-money digital gaming and sports betting platforms.
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For a detailed corporate biography of Mr. Davey, see SEC S1

Robin Chhabra has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group (“TSG”) and William Hill, and a leading supplier, Inspired Gaming Group (Nasdaq: INSE). Mr. Chhabra served on the Group Executive Committees of each of these companies.

From 2017 to May 2020, Mr. Chhabra served as Chief Corporate Development Officer at TSG and, from 2019 to August 2020, he also served as the CEO of FOX Bet, a leading U.S. online gaming business which is the product of a landmark partnership between TSG and FOX Sports, a transaction which he led. During that period, Mr. Chhabra led several transactions which transformed TSG into the largest publicly listed online gambling operator in the world by both revenue and market capitalization and one of the most diversified from a product and geographic perspective with revenues of over $2.5 billion.

From 2010 to 2017, Mr. Chhabra served as Group Director of Strategy and Corporate Development at William Hill, where he led transactions which transform ed the company from a land-based gambling operator in the United Kingdom to a leading online-led international business. This included William Hill’s entry into the U.S. sports betting and online lottery markets via the acquisition of four businesses.

For a detailed corporate biography of Mr. Chhabra, see SEC S1

Eric Matejevich is a seasoned gaming executive with extensive experience in both the online gaming and traditional casino industries. From February to August 2019, he served as Trustee and Interim-CEO of Ocean Casino Resort (“Ocean”) (formerly Revel Casino, which had a construction cost of $2.4 billion) in Atlantic City, where he successfully led the management team through an ownership change and operational turnaround effort.

From 2016 to 2018, Mr. Matejevich served as the CFO of NYX where he focused his efforts on integrating the company’s many acquisitions and multiple debt refinancings to simplify its capital structure and provide liquidity for growth initiatives. Mr. Matejevich was instrumental to the executive team that sold NYX to Scientific Games for $631 million.
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From 2004 to 2014, Mr. Matejevich was the CFO of Resorts International Holdings and, from 2011, the COO of the Atlantic Club Casino, a property under the Resorts International Holdings umbrella - a Colony Capital (NYSE: CLNY) entity. As COO of Atlantic Club, he lobbied for and was successful in obtaining the first internet gaming legislation passed in the United States.

For a detailed corporate biography of Mr. Matejevich, see SEC S1

Board of Directors

Over the past decade, Mr. Bailey has been a leader in turning around Atlantic City, and one of the first executives to embrace online gaming and sports betting in the United States. In 2010, Mr. Bailey bought Resorts Atlantic City and initiated a comprehensive renovation which allowed for the property to be rebranded and repositioned.

In 2015, Resorts established an online gaming platform by partnering with PokerStars, now part of the $24 billion Flutter Entertainment, PLC (LSE: FLTR), to operate an online poker room in Atlantic City. In 2018, Resorts announced deals with DraftKings (Nasdaq: DKNG) and SB Tech to open a sportsbook on-property and online. Mr. Bailey’s efforts in New Jersey helped set the framework for expansion of online sports and gaming throughout the United States.
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In addition to his gaming interests, Mr. Bailey has 50 years of experience in all facets of real estate development, asset M&A, capital markets and operations and is the founder, CEO and Principal of JEMB Realty, a leading real estate development, investment and management organization.
For a detailed corporate biography of Mr. Bailey, see SEC S1
In addition to his gaming interests, Mr. Bailey has 50 years of experience in all facets of real estate development, asset M&A, capital markets and operations and is the founder, CEO and Principal of JEMB Realty, a leading real estate development, investment and management organization.
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For a detailed corporate biography of Mr. Bailey, see SEC S1

Tony Rodio has nearly four decades of experience in the gaming industry. From April 2019 until July 2020, he served as the CEO and director of Caesars Entertainment Corporation (Nasdaq: CZR), and led the company through its $17.3 billion merger with Eldorado Resorts, one of the largest transactions the gaming industry has ever seen. Mr. Rodio was instrumental to Caesars’ expansion into the digital gaming industry and oversaw the implementation of new digital businesses such as its Scientific Games powered retail sportsbook solution that now operates in various states throughout the U.S.

From October 2018 to April 2019, Mr Rodio served as CEO of Affinity Gaming. Prior to that he was President, CEO and a director of Tropicana Entertainment, Inc. where he was responsible for the operation of eight casino properties in seven jurisdictions. During his seven years at Tropicana, Mr Rodio oversaw a period of unprecedented growth, improving overall financial results with net revenue that increased more than 50% driven by both operational improvements and expansion across regional markets. Ultimately, Mr. Rodio’s efforts at Tropicana led to its sale to Eldorado Resorts in 2018 for $1.85 billion.
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For a detailed corporate biography of Mr. Rodio, see SEC S1

Marlon Goldstein is a licensed attorney with nearly 20 years of experience in the gaming space. He joined The Stars Group (Nasdaq: TSG)(TSX: TSGI) in 2014 as its EVP, Chief Legal Officer and Secretary until his retirement from the company in July 2020 following the merger of TSG with Flutter Entertainment, PLC (LSE: FLTR). Mr. Goldstein was the senior TSG executive based in the United States and one of the primary architects of TSG’s strategic vision for its U.S.-facing business.

During his tenure, TSG grew from a $500 million market-cap company to approx $7 billion market-cap through a combination of organic growth and strategic mergers and acquisitions. Mr. Goldstein participated in multiple M&A transactions and capital markets offerings at TSG, including several transformational transactions in the digital gaming industry.
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 Prior to joining TSG, Mr. Goldstein was a principal shareholder in the corporate and securities practice at the international law firm of Greenberg Traurig P.A., where he practiced for almost 13 years. Additionally, Mr. Goldstein was the founder of the firm’s Gaming Practice.

For a detailed corporate biography of Mr. Goldstein, see SEC S1

Sean Ryan is a digital media and technology operator with extensive global experience in online payments, e-commerce, mobile ad networks, digital games, enterprise collaboration platforms, blockchain, and real money gaming. Since 2014, Mr. Ryan has been VP of Business Platform Partnerships at Facebook, Inc. (“Facebook”) (Nasdaq: FB), where he leads a 500+ person global organization that manages the Payments, Commerce, Novi/Blockchain, Workplace and Audience Network businesses.

Mr. Ryan was hired by Facebook in 2011 as the Director of Games Partnerships to re-shape games and monetization strategies in order to derive more value for Facebook, its users and its partners, including the addition of a Real Money Gaming offering in regulated markets. Mr. Ryan’s team helped accelerate a major trend in engagement through cross-platform games and therefore the opportunity to increase users through establishing games on multiple platforms.

Prior to joining Facebook, Mr. Ryan created the new social and mobile games division at News Corp, an American multinational mass media corporation controlled by Rupert Murdoch.
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For a detailed corporate biography of Mr. Ryan, see SEC S1

Tom Roche has more than 40 years of experience in the gaming industry as a regulator, advisor and independent auditor. Mr. Roche joined Ernst & Young (“EY”) as a partner in 2003 and opened its Las Vegas office. He was subsequently appointed as the Office Managing Partner and Global Gaming Industry Market Leader. In 2016, Mr. Roche relocated to the EY Hong Kong office to supervise the expansion of the EY Global Gaming Industry practice in the Asia Pacific region. Mr. Roche has been integral to numerous multi-billion dollar transactions that have shaped the current gaming landscape.

At EY, Mr. Roche also provided advisory support to the American Gaming Association on research projects, including the revocation of The Professional and Amateur Sports Protection Act of 1992 (PASPA) and anti-money laundering best practices in the gaming industry. He has assisted government agencies in numerous international locations with enhancing their regulatory approach to governing the industry especially in the online gambling sector.
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For a detailed corporate biography of Mr. Roche, see SEC S1

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