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Business
August 23, 2024
Winner Joins evoke plc’s Portfolio in Romania After €10M Cash Injection
evoke plc, one of the world’s leading betting and gaming groups that owns and operates globally renowned brands including William Hill, 888, and Mr Green has acquired a 51% stake in Romania’s Winner.ro owner New Gambling Solutions (NGS) SRL. Consequently, the group has now turned into the fourth largest Business-to-Consumer operator in the country which […]
Industry
August 22, 2024
Golden Matrix Acquires Controlling Interest in Online Discount Platform
Golden Matrix Group, Inc. is an online platform, content developer, and licensor for social gaming. The company has announced the acquisition of an 80% controlling interest in Classics for a Cause Pty Ltd., or CFAC, in a strategic expansion into the consumer loyalty and rewards industry, which should synergize with its existing portfolio. GMGI Hopes […]
Business
August 14, 2024
Playtech Confirms Talks of £2bn Flutter Bid for Snaitech
The leading supplier of software, content and solutions, powering iGaming and betting operators, Playtech, confirmed it is in talks for the potential sale of its business-to-customer (B2C) division in Italy, Snaitech, to the leading gaming and entertainment giant, Flutter Entertainment. Today, the company released a short letter titled “Response to Media Speculation,” acknowledging that it […]
Business
August 2, 2024
Betsson to Acquire Sporting Solutions, In Line with M&A Strategy
Betsson is set to acquire Sporting Solutions, a UK-facing B2B firm that provides operators with cutting-edge sports betting technology. The acquisition, Betsson highlighted, will not disrupt the provision of products to the supplier’s existing partners. The Deal Will Reinforce Betsson’s Business Sporting Solutions was founded in 2007 and has a strong presence in the United […]
Business
August 2, 2024
Caesars Entertainment Confirms $500M Sale of WSOP Brand to NSUS
The largest casino-entertainment company in the US and globally recognizable company, Caesars Entertainment, announced it signed a definitive agreement to sell its intellectual property rights to the World Series of Poker (WSOP) to the leading investment group within the iGaming vertical known for delivering GGPoker, the innovative online poker room, NSUS Group Inc. Details regarding […]
Sports
July 29, 2024
PrizePicks Engages Moelis & Co. to Explore Expansion Opportunities
PrizePicks, the biggest daily fantasy sports (DFS) operator in North America, has hired investment bank Moelis & Co. to look into possible mergers and acquisitions. People who know about the situation have commented that the company wants to grow by buying other companies instead of selling its business, reported Bloomberg. From Atlanta to a Thriving […]
Business
July 26, 2024
Apollo Funds to Acquire IGT Gaming & Everi Holdings in Historic Deal
Apollo Funds, a newly formed holding subsidiary of Apollo Global Management, has set out to acquire International Game Technology’s IGT Gaming & Digital business and Everi Holdings in a historic arrangement. The transaction values the two companies at approximately $6.3 billion. This deal comes after an earlier agreement between IGT and Everi that saw the […]
Business
July 26, 2024
Sega Sammy to Acquire Stakelogic and Expand Its Gaming Presence
Sega Sammy Holdings has announced its acquisition of Stakelogic, a leading Netherlands-based developer of gaming content. Through a definitive agreement between subsidiary SEGA SAMMY CREATION (SSC) and Stakelogic, the B2B supplier will join the Sega Sammy family. Sega Sammy Is Bullish on iGaming Subject to various regulatory approvals and the satisfaction of customary conditions, the […]
Business
July 26, 2024
Bally’s Corporation Commits to Standard General Merger Agreement
Bally’s Corporation has entered into a definitive merger agreement with Standard General L.P.—its largest common stockholder, under which Standard General will acquire all outstanding shares of Bally’s for $18.25 per share. This new chapter for Bally’s should bring fresh opportunities for the operator and create lasting growth for the company. This Deal Should Significantly Expand […]
Business
July 19, 2024
Evolution to Acquire Galaxy Gaming in an $85M Deal
Gaming and entertainment company Evolution has set out to acquire Galaxy Gaming, a leading developer of casino games and technology. As agreed by the two companies, the former will acquire the latter for a total of $85 million, to be paid in cash. As a leader in the development and distribution of unparalleled casino experiences […]
