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 […]
Business
July 16, 2024
Accel Entertainment to Acquire Fairmount Holdings in a $35M Deal
Accel Entertainment, a leading distributed gaming operator in the US, announced that it has entered into an agreement to acquire Fairmount Holdings, the owner of FanDuel Sportsbook & Horse Racing. The deal will see Accel Entertainment pay $35 million for the acquisition, payable to the sellers as 3.45 million shares of Accel Class A-1 common […]
Business
July 16, 2024
Relativity Acquisition Confirms Plans to Merge with Mazaii in $500M Deal
Blank check company sponsored by the Delaware limited liability company, Relativity Acquisition Sponsor LLC, Relativity Acquisition Corp., has announced its intention to acquire the Montreal-based innovator within the online gambling industry, Mazaii Corp Ltd. Recently, Relativity Acquisition confirmed it has entered a letter of intent for the acquisition of the iGaming developer. Under the terms […]
Business
July 15, 2024
Rush Street Interactive Sale May Be Imminent, Suggests Report
Earlier this year, rumors emerged about the potential sale of Rush Street Interactive (RSI), the leading betting and gaming operator with a presence across the United States and owner of the popular brand BetRivers. Although the rumors emerged in March, details are scarce with only DraftKings being named as a potential buyer of RSI. Despite […]
Business
July 8, 2024
EveryMatrix Acquires FSB Technology in Its Biggest M&A Deal Ever
EveryMatrix announced that it has acquired full turnkey and specialist sportsbook technology provider FSB Technology in a new all-cash deal. Set to underpin the OddsMatrix sportsbook platform and odds feeds division, the acquisition will create instant value for EveryMatrix. According to the announcement, the arrangement will generate immediate additional revenues and cross-company synergies. Additionally, it […]
Sports
July 8, 2024
Caesars Entertainment Acquires Australian Tech Startup ZeroFlucs
Caesars Entertainment, a prominent player in the casino and hospitality industry, has purchased Brisbane-based software firm ZeroFlucs Group. The acquisition is aimed at improving Caesars’ sports betting capabilities within its digital segment, Caesars Digital. This move comes after successful cooperation between the two companies that led to the integration of ZeroFlucs’ technology into the Caesars […]
Business
July 8, 2024
Penn Entertainment Shares Soar as Flutter Weighs In on Potential Acquisition
Flutter Entertainment is said to be considering the purchase of interactive assets from Penn Entertainment in a notable move for the gaming industry. Flutter could team up with Boyd Gaming, which has also expressed interest in buying Penn. Penn Entertainment Shares Rise as Flutter Weighs in on Potential Acquisition Following this news, shares of Penn […]
Sports
July 4, 2024
DraftKings Eyes Potential Sale of Vegas Sports Network
DraftKings is said to be thinking about selling the Vegas Sports Information Network (VSiN). VSiN is a Las Vegas-based sports betting radio network that the company bought for $70 million back in March 2021. Analysts are drawing parallels between this possible transaction and Penn Entertainment’s offloading of Barstool Sports last year, when Barstool went back […]
