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Industry
October 14, 2025
Fortuna Entertainment Acquires Controlling Stake in Lob, Enters Montenegro
Fortuna Entertainment Group (FEG), a leading omni-channel betting and gaming operator in Central and Eastern Europe, announced its expansion into Montenegro via a new M&A agreement. Per the announcement, FEG will acquire a majority stake in local gaming leader Lob, cementing its dominance in its target regions. FEG Grows Its Presence in Southeast Europe FEG, […]
Business
October 13, 2025
Allwyn Unveils Historic Merger with OPAP
Allwyn International has announced a strategic merger with OPAP, Greece’s leading gaming company. The resulting entity will be called Allwyn and will position itself as the second-largest listed lottery and gaming company in the world. The Creation of Gaming’s Second-Largest Business According to the announcement, Allwyn will merge with OPAP through an all-share transaction that […]
Industry
October 8, 2025
Aristocrat Moves Ahead with Awager Purchase to Expand Online Presence
Aristocrat Leisure Limited announced plans to buy Awager Ltd., a leading company in live slot streaming. The deal made with funds overseen by Oaktree Capital Management keeps the price under wraps and will close after getting regulatory approvals. Awager’s Live Slot Streaming Expertise Catches the Attention of Aristocrat Awager runs its business from Israel and […]
Business
September 29, 2025
NextBet Starts Australian Operations by Buying CrossBet
A fresh competitor has joined Australia’s tough betting industry. NextBet has begun its operations by buying CrossBet, a bookie based in Brisbane. This purchase kicks off its plan to bring together mid-sized operators and become a top challenger brand. NextBet Buys CrossBet as First Step in Creating Tier-Two Betting Giant The firm, created to benefit […]
Business
September 24, 2025
Merkur Completes Acquisition of Gaming Arts, Cementing US Re-Entry
German game maker Merkur announced that it has completed its acquisition of Gaming Arts, LLC, a Las Vegas-based provider of gambling technology. The transaction was announced earlier this year and subsequently approved by the Nevada Gaming Commission. Merkur Wraps Up Its Takeover of Gaming Arts In its official announcement, Merkur confirmed that its takeover of […]
Business
September 24, 2025
Sports.com Media to Acquire Racing Women in Pursuit of Motorsports Growth
SEGG Media, a global sports, entertainment and gaming group, announced that its subsidiary Sports.com Media Group has set out to acquire Racing Women Limited, an organization empowering female drivers in motorsport. SEGG Media Wants to Expand Its Motorsports Presence According to the announcement, Sports.com Media Group has signed a letter of intent to acquire […]
Business
September 22, 2025
Spreadex Forced to Abandon Sporting Index Merger After CMA Ruling
The Competition and Markets Authority (CMA) has reaffirmed its earlier ruling that Spreadex’s bid to keep control of Sporting Index’s consumer-facing business would harm competition in the sports spread betting sector. This development means that an alternative buyer must acquire Sporting Index, ensuring that Spreadex does not establish a monopoly over the sports spread betting […]
Business
September 22, 2025
Allwyn Ventures into the DFS Space with PrizePicks Majority Stake Acquisition
Global lottery giant Allwyn International announced that it has entered into a definitive agreement to acquire a majority stake in North America-facing daily fantasy sports (DFS) operator PrizePicks. Allwyn to Buy a Majority Stake in PrizePicks In its announcement, Allwyn said that it will purchase a 62.3% stake in PrizePicks for an initial cash consideration […]
Industry
September 22, 2025
Miami Fund to Sue Standard General over Its Allegedly Unfair Takeover of Bally’s
The Miami Police Pension and Relief Fund is reportedly on the way to sue American hedge fund Standard General over its 2024 bid to acquire casino and hospitality operator Bally’s Corporation. “Hedge Fund Vulture” Kim Made the Transaction Possible As reported by Casino.org, the Miami Police Pension and Relief Fund believes that the acquisition of […]
Business
September 19, 2025
Genius Sports Bolsters Innovation with Sports Innovation Lab Acquisition
Genius Sports Limited, an official data, technology and broadcast partner to the sports, media and sports betting sectors, announced that it has completed the acquisition of Sports Innovation Lab, a data, analytics, and insights leader. The acquisition will empower Genius Sports, pairing its global footprint of official league data with Sports Innovation Lab’s deterministic fan […]
