Business
January 10, 2025
J&J Gaming Completes Leisure Gaming Takeover in Nevada
The national leader in the operation and installation of regulated gaming devices, J&J Gaming, announced that it has successfully completed the acquisition of a Nevada-based operator of nonrestricted casinos, Leisure Gaming. Golden Route Operations Acquires Leisure Gaming The strategic acquisition was finalized on December 16, 2024, after the former secured the required regulatory approvals from […]
Business
January 8, 2025
Tipico to Acquire Admiral Austria, Bolstering European Presence
Gaming technology group NOVOMATIC AG has agreed to sell its Austrian subsidiary, ADMIRAL Austria, to the Malta-based Tipico Group. This mutually beneficial agreement should help Novomatic expand its global presence while strengthening Tipico’s market share in its core jurisdictions. Both companies were optimistic regarding the sale as they remain confident in their continued growth. The […]
Business
January 3, 2025
Gambling.com Group Seals Odds Holdings Acquisition
Early in December, Gambling.com Group, the leading provider of digital marketing services for the online gambling industry, announced it continues its expansion with the acquisition of OddsJam’s parent company Odds Holdings, Inc. Now, the former confirmed that it has successfully completed the acquisition, as planned and on schedule. Odds Holdings’ Acquisition Closes as Planned Upon […]
Industry
December 30, 2024
Truist Securities Predicts High M&A Activity in 2025
Truist Securities has expressed optimism about a potential rebounding in mergers and acquisitions within the gaming sector. This would notably end a fairly dry period of low M&A activity. Truist Trusts the Favorable Conditions At the Wicked Good 12th Annual GLLR Summit in Boston, Truist Securities highlighted a number of favorable conditions that could lead […]
Business
December 17, 2024
XLMedia Plans £16M Tender Offer in 2025 as Part of Business Wind-Down
XLMedia PLC, a digital media affiliate company listed on the Alternative Investment Market (AIM), plans to start a £16 million ($20.2 million) tender offer in early 2025. This move is part of its plan to close down operations and give value back to shareholders. XLMedia Evolves into Cash Shell Entity Post Asset Sales XLMedia made […]
Business
December 16, 2024
Jefferies Praises Gambling.com’s OddsJam Acquisition, Reiterates Buy Rating
Gambling.com, a fast-growing provider of digital marketing services to the global online gambling industry, recently announced its historic acquisition of B2C company OddsJam. The transaction has since received acclaim from business experts, including Jefferies Equity Research. Gambling.com’s Business to Surge, Analyst Believes Jefferies Equity Research analyst David Katz expressed confidence that the deal will benefit […]
Business
December 13, 2024
Caesars Completes LINQ Promenade Sale, Repays Debt
American casino and hospitality giant Caesars Entertainment announced that it has completed the sale of its LINQ Promenade in Las Vegas. The sale of this Las Vegas asset was announced earlier this year and aligned with the casino and hospitality giant’s debt reduction goals. Caesars Used the Money for a Debt Prepayment Caesars agreed to […]
Business
December 12, 2024
Gambling.com Continues to Expand with Odds Holdings Acquisition
The fast-growing provider of digital marketing services to the global online gambling industry, Gambling.com Group, announced its plans to acquire OddsJam’s parent company Odds Holdings, Inc. The Acquisition Is Expected to Close In 2025 On Thursday, the former company confirmed it entered into a definitive agreement to acquire Odds Holds in a deal that has […]
Casino
December 9, 2024
New Hampshire: Concord Casino Attracts Interest from Las Vegas Firms
The sale of Concord Casino, a venue owned by the former New Hampshire state senator, Andy Sanborn, who was recently arrested over fraud allegations, hit a standstill recently. A major hurdle in the sale of the casino was the decision of a judge which cleared the path for the owner’s license revocation. While the completion […]
Business
December 5, 2024
TGLAB Acquires SysGaming, Targets LATAM Growth
TGLAB, an ambitious and progressive iGaming technology partner, has announced its acquisition of SysGaming, a Brazil-based gambling software provider. This agreement is set to enhance the former company’s overall capabilities and presence in the LATAM region. TGLAB Will Reinforce Its Position in LATAM TGLAB already boasts a robust footprint in Latin America, with its presence […]
