Entain revealed its plans to secure esports wagering platform Unikrn in August this year, and has now followed up by completing the acquisition of the betting platform’s assets. Entain bought Unikrn in its entirety, bringing the website’s platform, technology and existing portfolio along with its 50-man team under the entertainment giant’s roof. Looking after the […]
Bally’s is on a trajectory to become one of the most competitive industry players as it now brings the Gamesys acquisition to the finish line. Bally’s Closes Gamesys Chapter On Monday, Bally‘s announced that all the regulatory and shareholder obligations had been completed, and with this, the acquisition of Gamesys into Bally’s can be considered […]
Catena Media plc has reached another land-mark deal in North America by purchasing i15 Media, a company with over 100 sites dedicated to sports betting, casino gaming and affiliates. The deal amounts to $45 million, of which $12.5 million will be paid in the form of Catena shares. Catena Continues to Notch up North American Assets […]
In a rather curious business decision at first glance, Israel-based digital entertainment company Playtika announced this Monday that it is acquiring the owner of the home design game Redecor – the Finnish company Reworks. Playtika’s Eighth Acquisition Deal The deal envisions Playtika paying $400 million upfront for 80% of Reworks and an additional of up to $200 million based on the target’s […]
Scientific Games is acquiring Sideplay Entertainment now pending regulatory approval as the company seeks to boost its iLottery products worldwide. SG Makes a Move on Sideplay for More Digital Lottery Games Scientific Games continues to build up its portfolio of iLottery options with the company now confirming the acquisition of Sideplay Entertainment. Sideplay is known for its […]
Playtika, a leading social gaming business, had higher revenue and much lower costs of maintaining the company running, which is why H1 resulted in profits, stated the chief financial officer of Playtika. Statistics showed that for the first half of 2021, the revenue reached $1.30 billion, or an increase of 9.6%. While the $1.30 billion […]
Global sports betting and gaming group Entain Plc announced it successfully priced and allocated a First Lien Term Loan B denominated in US dollars to the amount of $1.125 billion and with a maturity date of March 29, 2027. New USD Loan Entain explained that borrowers of the New Loan, which achieved favorable pricing of […]
Online gaming marketing affiliate firm Raketech announced today the acquisition of P&P Vegas Group Inc to strengthen its position in the growing US markets. Financial Details of the Acquisition The transaction is valued at €16 million ($19 million) on a debt-free basis and will be settled with €9 million ($10.68 million) in cash and 3,881,968 […]
Elys Game Technology, a gaming technology provider with an Italian certified betting and virtual sports betting software platform, has announced that it’s acquiring Bookmakers Company US for an upfront price of $12 million in cash and equity. Elys Aims to Have a Strong Foothold on the US Gaming Market Elys Game Technology has announced its […]
Kindred Group announced today it signed an agreement to buy the outstanding shares of online gaming supplier and third-party aggregator Relax Gaming. Payments Spread over 3 Years Kindred will pay initial cash consideration of €80 million ($95 million), out of a total value of €295 million ($350 million) for the outstanding 66.6% of shares, upon […]
