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 […]
Business
November 25, 2024
Bet-at-Home Weighs Sale amid Operational Challenges
Bet-at-home AG, a veteran in the online gaming and sports betting industry, is reportedly exploring a potential sale, according to a recent NEXT.io report. Despite recent struggles, the company’s resilient financial performance could make the operator an attractive acquisition target. Bet-at-home maintains a presence in several European markets, further aiding its prospects. Unfavorable Developments Hurt […]
Industry
November 25, 2024
Playtech Eyes Happybet Sale, Reports Claim
Gaming specialist Playtech is reportedly mulling over a sale of its Happybet betting brand. The brand has struggled to gain traction, prompting the parent company to plan a discontinuation of its operation in Austria. Playtech Onboarded Oakvale Capital to Explore a Sale, Rumors Say Sources told gaming news outlet NEXT.io that a Happybet sale is […]
Business
November 20, 2024
Bally’s Shareholders Say Yes to Standard General Takeover
In July, the global casino-entertainment company with a growing omnichannel presence of online sports betting and iGaming offerings, Bally’s Corporation, agreed to a $4.6 billion acquisition by the hedge fund that “pursues a single strategy of opportunistic investing primarily in levered U.S. middle-market companies,” Standard General. Under the terms, the New York City-based hedge fund, […]
Business
November 19, 2024
Wind Creek Hospitality and McGregor Family Ink Acquisition Deal
Two major players in Alabama‘s hospitality and tourism industry, Poarch Band of Creek Indians-operated Wind Creek Hospitality and Birmingham Racecourse and Casino and VictoryLand Casino owners, the McGregor family, have announced inking a new deal. Namely, Wind Creek has agreed to acquire the Birmingham Racecourse, with the expected closing time for the transaction set for […]
Industry
November 15, 2024
Everi Shareholders Give the Thumbs Up to Apollo Merger
Everi Holdings, a premier provider of content, products, fintech, player retention and bingo to the land-based and digital casino industries, announced that its shareholders have approved the company’s takeover by Apollo Global Management. Shareholders Favored the Deal At a special meeting of Everi stakeholders, investors voted in favor of the pending simultaneous acquisition of Everi […]