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Business
October 30, 2024
Caesars Accelerates Debt Reduction Goals with LINQ Promenade Sale
The leading casino entertainment company with a solid presence across the United States, Caesars Entertainment, announced it has entered into a definitive agreement to sell one of its Las Vegas assets. Caesars Agrees to Sell the LINQ Promenade Details regarding the sale emerged Tuesday with the company confirming its intention to divest the LINQ Promenade, […]
Business
October 21, 2024
XLMedia to Sell US Assets to Sportradar, Plans to Delist by May
Sports and gaming digital media company XLMedia has agreed to sell its remaining business in North America to Sportradar, a Switzerland-based sports data specialist. This conditional agreement will see the rest of XLMedia’s NA business transferred to Sportradar for $30 million in cash. XLMedia Failed to Achieve Its Goals in America According to XLMedia, the […]
Casino
October 17, 2024
Openbox Secures Boldplay’s Full Creative Content
Openbox Holdings, the company behind OpenBox Gaming, has announced that it has acquired Boldplay, a prominent online casino studio. The studio has developed a number of excellent games, including Splatzz, Mummified Mysteries, Arriba, Swan House, and more. Openbox Taps Boldplay to Strengthen Content Momentum As a result, OpenBox Gaming will now leverage Boldplay’s content in […]
Business
October 11, 2024
Fantasma Games’ Shareholders Approve EveryMatrix’s Takeover Bid
EveryMatrix announced that an overwhelming majority of Fantasma Games’ shareholders have approved the former company’s takeover bid. For context, the acquisition required the approval of at least 90% of the content developer’s investors. The Deal Has Been Approved by Shareholders A month ago, EveryMatrix submitted a recommended public offer to acquire all of Fantasma Games’ […]
Business
October 8, 2024
Esportes da Sorte Acquires ST Soft, Hopes to Open a New Leaf
Brazilian betting operator Esportes da Sorte has successfully obtained authorization to operate in Rio de Janeiro, thanks to its acquisition of ST Soft-operated Apostou.com, which had already received licensing by the state’s lottery provider Loterj in November 2023. This move allows Esportes da Sorte to establish a presence in the lucrative Rio de Janeiro market […]
Legal
September 30, 2024
Shareholder Lawsuit May Derail Apollo-Everi Acquisition
Dan Clancy, a shareholder of Everi Holdings, on Wednesday, 25 September, filed a suit to block the proposed $6.3 billion deal by Apollo Global Management to acquire the company. The lawsuit accuses Everi’s board of directors of violating securities laws by submitting a misleading and incomplete proxy statement regarding the deal. The Deal Has Significant […]
Business
September 24, 2024
WA.Technology Unveils Ambitious Acquisition of Onseo
WA. Technology, a leading platform provider within the iGaming industry, will be acquiring technology developer Onseo in a reportedly multi-million euro deal. While the exact terms of the deal remain undisclosed, industry insiders agree that this ambitious move could lead to significant long-term gains for WA.Technology, solidifying the company’s presence in a highly promising jurisdiction. […]
Casino
September 24, 2024
Boyd Gaming Acquires Resorts Digital to Capitalize on New Jersey’s Market
Boyd Gaming, a major US hotel and casino operator, has grown its presence in New Jersey‘s profitable online gambling market by buying Resorts Digital, the online branch of Atlantic City’s Resorts Casino. The deal was facilitated by Oakvale Capital, a leading M&A firm in the iGaming sector, that advised Resorts on the sale of the […]
Business
September 19, 2024
Playtika to Acquire Developer of Dice Dreams and Domino Dreams SuperPlay
Mobile games pioneer and interactive entertainment leader Playtika Holding Corp. announced it entered into a definitive agreement to acquire SuperPlay in a deal that may surpass $1 billion. On Wednesday, Playtika uncovered details regarding the acquisition of the leading creator of hit mobile games. Acquisition Expected to Close In Q4 2024 The company revealed that […]
Business
September 18, 2024
EveryMatrix Proposes to Acquire Fantasma Games in $21M Share Buyout
EveryMatrix, a provider of iGaming software, solutions, content and services, just announced a recommended public offer to acquire Fantasma Games by buying out its shares. By acquiring the latter firm, EveryMatrix hopes to dramatically increase its games output. Half of Fantasma Games’ Shareholders Are Already on Board The acceptance period for the offer is expected […]