Business
May 16, 2025
Flutter Announces $350M NSX Group Acquisition and Brazilian Market Entry
One of the world’s leading online sports betting and iGaming operators, Flutter, has expanded its influence recently by completing the purchase of a majority 56% stake in NSX Group. Flutter Unveils New Deal with Betnacional NSX Group is a leading Brazilian operator. The company owns sports betting platform Betnacional, and Flutter spent $350 million on […]
Business
May 12, 2025
PointsBet Considers Betr’s Takeover Proposal, Eyes Due Diligence
Australian sports betting giant PointsBet has published a new update regarding Betr Entertainment’s recent acquisition proposal. Betr Seeks to Acquire PointsBet Last month, Betr Entertainment revealed a revised proposal to acquire PointsBet, confirming that it is looking to complete its buyout of the latter company. This came shortly after the former company acquired a 19.9% […]
Business
May 2, 2025
Flutter Closes Its $2.6B Acquisition of Snai from Playtech
Flutter Entertainment, a leading online sports betting and iGaming company, announced that it has closed its previously announced acquisition of Snaitech (Snai), one of Italy’s top omni-channel operators. Flutter Cements Its Leadership in Italy Consistent with the earlier announcement, Flutter will acquire Snaitech for EUR 2.3 billion ($2.6 million) from a subsidiary of Playtech. Flutter […]
Business
April 30, 2025
Shareholder Tensions Rise After Novomatic’s Ainsworth Takeover Bid
Austrian gaming powerhouse Novomatic’s push for full ownership of Ainsworth Game Technology is running into increasing resistance from some minority shareholders despite support from Ainsworth’s Independent Board Committee (IBC). This resistance could potentially complicate what Novomatic had hoped would be a straightforward process in its bid to fully acquire the ASX-listed slot machine manufacturer. Some […]
Business
April 29, 2025
Betr Puts Forward Proposal to Acquire PointsBet
Sports betting company Betr Entertainment has unveiled a revised takeover proposal for competitor PointsBet. The former company, which just became PointsBet’s largest shareholder, is now seeking to complete its buyout. Betr Challenges MIXI’s Proposal Earlier this week, Betr acquired a 19.9% stake in PointsBet, immediately positioning itself as one of the latter company’s biggest shareholders. […]
Business
April 23, 2025
RHCO Secures Controlling Stake in Nigeria’s Morrich Lottery
Readen Holding Corporation (RHCO) a venture capital firm specializing in financial technology, digital payments, and online commerce, announced that it has signed a definitive deal to buy an 80% controlling stake in Morrich Lottery Limited, a licensed lottery operator in Nigeria. This is notably the former company’s inaugural foray into African gaming. RHCO Is Pursuing […]
Business
April 16, 2025
Visualize Group Sets Out to Acquire BMM Testlabs
Visualize Group, an investment partnership that makes high-conviction and long-duration investments in generationally enduring businesses, set out to acquire BMM Testlabs, a leading private independent test lab for gaming products. The deal is consistent with the former party’s strategy of investments in reputable businesses. The Deal Is Consistent with Visualize Group’s Strategy The financial aspect […]
Business
April 14, 2025
Already Media Acquires Live Casino Comparer in “Fastest M&A Deal in iGaming History”
Tech-driven gaming affiliate and media firm Already Media has acquired Live Casino Comparer, a review portal focused on live dealer gaming. The acquisition will reinforce the former company’s affiliate capacities, allowing it to reach new heights. Already Media Continues Its M&A Efforts According to the announcement, Already Media acquired Live Casino Comparer to expand its […]
Business
April 10, 2025
Bragg Gaming Unveils Partnership with and Stake in RapidPlay
Bragg Gaming Group, a global provider of iGaming content and technology, unveiled the acquisition of a strategic equity stake in RapidPlay, a Brazilian game development studio. In addition to that, Bragg confirmed a partnership with the Brazilian game specialist. RapidPlay Is a Brazilian Visionary According to Bragg, RapidPlay is a high-performance studio founded by seasoned […]
Business
April 10, 2025
Regulators Greenlight Flutter’s Takeover of Snaitech
Flutter Entertainment, a company describing itself as the world’s leading online sports betting and iGaming operator, announced that its acquisition of Snaitech (Snai), one of Italy’s leading omni-channel operators, has secured the necessary regulatory approvals to proceed. The Takeover Can Move Forward Flutter elaborated that its takeover of Snai has received all necessary antitrust, gaming […]
