It was a deal in the works for around ten months, but it has finally reached a successful conclusion. Apollo Global Management, the asset fund management company with its hands in gaming operations around the globe, is now the owner of Canada’s Great Canadian Gaming (GC). With the acquisition complete, Apollo brought in an industry […]
Apollo Global Management continues to take bigger chunks of the global gaming market. It has shown interest in a number of gaming companies around the world as the industry continues to grow. As of this past Monday, Apollo is the owner of assets in Italy that previously belonged to International Game Technology (IGT), officially taking […]
As Tabcorp continues with a review of its media and wagering business, Apollo Global Management has entered the bidding process, tabling a $4 billion offer. Apollo Joins the Race for Tabcorp’s Media and Wagering Assets Tabcorp’s (TAB) wagering and media business continues to be as tempting a prospect as ever, as Entain has already submitted […]
Private equity fund Apollo Global Management is set to expand its presence in the content and advertising space after agreeing to acquire AOL and Yahoo brands from Verizon. “Apollo delivered the strongest vision and strategy for the next phase of Verizon Media. I have full confidence that Yahoo will take off in its new home.” […]
Now that Caesars Entertainment was able to close on its purchase of William Hill and all of the sports gambling operator’s assets, it’s time to get to work. Caesars made it clear from the start that it would sell William Hill’s non-US assets following the acquisition that cost it $3.7 billion and it’s ready to […]
Sazka Group’s businesses maintain a positive performance in 3Q2020 after lockdown restrictions were lifted. Markets and channels return swiftly to business activity, which shows the company’s capacity to adapt to the new normality and the strong demand for its products. Casinos Austria Deal with Positive Impact on 3Q2020 Figures Pan-European lottery and sports betting giant […]
IGT announced on December 6 it will sell its B2C Lottomatica businesses to Apollo Global Management’s investment subsidiary for $1.15 billion. IGT Board Unanimously Approves Billion-Dollar Deal Multinational gaming provider International Game Technology (IGT) announced yesterday it has agreed to sell its Italian B2C Lottomatica businesses to Apollo Global Management’s finance subsidiary Gamenet Group for […]
Apollo Global Management Inc may not be offering enough as part of its C$2.5 billion takeover bid for Great Canadian Gaming Corp. Or at least this is what one of the shareholders thinks, as they have opted to hold onto their shares in Great Canadian, Bloomberg reported. Burgundy Asset Management Ltd, one of the major […]
