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Business
December 20, 2023
Entain May Sell BetMGM Stake or Consider MGM Merger, Analyst
Earlier this month, the global gaming giant, Entain, announced the departure of its CEO, Jette Nygaard-Andersen. The unexpected move resulted in the appointment of the company’s non-executive director, Stella David, as interim CEO, until the hire of a permanent replacement for the senior-level role. Now, a new report released by Seeking Alpha, citing an expert […]
Business
December 4, 2023
Playtech Eyed a £700M Acquisition of William Hill
British gambling company William Hill has rejected a takeover attempt from Playtech, according to a report by The Sunday Times. The news outlet claimed that the latter company offered £700 million (approximately $887 million) for the acquisition. According to unspecified sources, Playtech tried to acquire William Hill in July. The former company may have sought […]
Business
November 27, 2023
Sun International Confirms Discussions about an Acquisition
The leading gaming, hospitality and entertainment giant that currently holds approximately 43% of the casino market in South Africa, Sun International, hinted at plans for a potential acquisition. The company advised its shareholders on Monday that it is currently in talks about a possible acquisition. Details on the matter are scarce with Sun admitting that […]
Business
November 9, 2023
DraftKings Contemplated 888 Holdings Takeover, Report Says
American sports betting giant DraftKings had considered a takeover of 888 Holdings amid the struggles experienced by the latter company. While the former company has not yet approached 888 with a takeover proposal, it mulled over the possibility and discussed the matter with 888 shareholders. According to a report by the Financial Times, DraftKings considered […]
Business
November 9, 2023
Stake Acquires Betfair Colombia, Prepares to Expand in LATAM
Online gambling and sports betting leader Stake will enter the Colombian market thanks to a new strategic acquisition deal. As announced, the company will acquire Betfair Colombia, securing its license. The move marks Stake’s foray into the country and is in line with its overall LATAM strategy. Betfair Colombia’s current license is valid until 2025, […]
Business
November 8, 2023
GiG Sets Out to Acquire KaFe Rocks in a $37M Deal
Gaming Innovation Group (GiG) has set out to acquire affiliate specialist KaFe Rocks in a new EUR 35 million (approximately $37.4 million) acquisition deal. The deal will solidify GiG Media’s position as a lead generator in the iGaming market and will expand the company’s presence in the lucrative North American casino sector. Under the agreement, […]
Business
November 8, 2023
SEGA SAMMY CREATION to Acquire GAN Limited
SEGA SAMMY HOLDINGS INC. and its subsidiary SEGA SAMMY CREATION INC. (SSC) have announced they will enter a definitive and amicable agreement to acquire Nasdaq-listed GAN Limited. The Acquisition, to Close by Q3 Ending in March 2025 SEGA SAMMY’s investment strategy through the fiscal year ending March 31, 2026, includes investing up to ¥250 billion […]
Business
November 6, 2023
FDJ Completes PLI Acquisition, Expands International Presence
La Française des Jeux (FDJ) has completed its acquisition of Premier Lotteries Ireland (PLI). Valued at over $400 million, the deal will expand FDJ’s presence in Europe and turn it into a major international company. The deal was originally announced this summer when FDJ unveiled its plans to acquire PLI’s entire share capital. PLI is […]
Business
November 2, 2023
Jelly Entertainment Completes Wundermachine Acquisition
Jelly Entertainment, the fast-growing UK-based iGaming developer, has announced the completion of the acquisition of Wundermachine, a leading provider of technology and social gaming content. The acquisition represents an important part of Jelly’s plan for growth and expansion on a global scale. By acquiring Wundermachine, the company anticipates strengthening some of its strategic operations, including […]
Industry
November 2, 2023
Lottomatica’s GBO S.p.A. Buys 100% of SKS365’s Share Capital
Italy’s first operator in the legal gaming market to receive authorization from the Customs and Monopoly Agency and one of the leading names in Europe, Lottomatica Group S.p.A. (Lottomatica), has announced it is purchasing 100% of the share capital of omnichannel Italian online and sports betting operator SKS365 Malta Holdings Limited (SKS365). The acquisition deal […]