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Sunday April 11, 2021 10:13PM
The Latest in apollo global management
By Fiona Simmons
Industry

Sazka Group’s Revenue Grows by 66% in 3Q2020

December 15, 2020

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 […]

Sazka Group’s Revenue Grows by 66% in 3Q2020
By Mathilde Adam
Business

Apollo Signs $1.15 Billion Deal to Acquire IGT’s B2C Lottomatica Businesses

December 7, 2020

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 Signs $1.15 Billion Deal to Acquire IGT’s B2C Lottomatica Businesses
By Stoyan Todorov
Business

Burgundy Calls Apollo’s $2.5bn Great Canadian Bid Opportunistic

November 25, 2020

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 […]

Burgundy Calls Apollo’s $2.5bn Great Canadian Bid Opportunistic
Trending
By Melanie Porter
Legal

Bet365 Operator Hillside Sports Fined by Swedish Gambling Authority

The Swedish Gambling Authority has fined Bet365 operator Hillside Sports after the company offered wagering on a match in which most players were underage. Hillside Receives Warning and Penalty From Gambling Authority The Swedish Gambling Authority has issued a warning and a KR 1 million ($ 116,000) fine to local Bet365 operator Hillside Sports. The […]

By Stoyan Todorov
Casino

Videoslots Launches Brand-New “Pool Play” Feature

Videoslots’ “Pool Play” feature will make the jackpot experience more fun, more social, and potentially come with a much better chance of winning big.   Videoslots Launches Pool Play to Make Jackpot Games Social Jackpot hunting has been a solitary business for many years now, but Videoslots wants to change that. The operator is rolling out the “Pool […]

By Mike Johnson
Business

FT: Hedge Funds Peeved with William Hill and Caesars Deal

GWM Asset Management and HBK Capital Management have both sent letters to William Hill’s board of directors protesting what they described as a failure to disclose what they consider as potentially material information.  Hedge Funds Raise Issues with William Hill/Caesars Acquisition  Hedge funds may be revolting against William Hill’s board of directors, whom they now say failed […]

By Julie Moraine
Sports

888 Named Main Title Sponsor for the Portuguese Grand Prix

888 Holdings, a global sports betting and iGaming group operating from Gibraltar, entered into a sponsorship agreement with the Portuguese Grand Prix to become the title sponsor for the 2021 edition of the race event. “It is a thrilling moment for everyone at 888 while we position ourselves as unequivocal supporters for motorcycle sports globally.” […]

By Martina-Nikoleta Tsvetkova
Industry

Ban on Sports Betting Ads After Online Gambling Spike

The surge in online gambling in Australia during the pandemic has provoked concerns related to sports betting ads and their effect on players. Foreign Operators in Australia with Enormous Gains During Covid-19 Foreign-owned corporate bookmakers have emerged as winners during the Covid-19 pandemic with an enormous increase in market value, which has put the issue […]

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