Business
September 16, 2024
France Outlines Conditions for FDJ’s Acquisition of Kindred
The French competition regulator has approved the deal as long as FDJ agrees to follow certain conditions. FDJ to Keep Its Monopoly and Competitive Businesses Separate France seems favorable of FDJ’s takeover of Kindred, provided that the two companies agree to follow a number of conditions. In the wake of its first investigation into the […]
Business
September 13, 2024
Evolution Gaming Expands Live Casino Portfolio with Arcadia Gaming Solutions Acquisition
Evolution Gaming announced the strategic acquisition of Arcadia Gaming Solutions, a deal expected to enhance its position as a live casino gaming leader. Arcadia, known for its proprietary technology allowing players to engage with real-time physical arcade machines remotely, will join Evolution’s growing portfolio of innovative gaming solutions. Arcadia Pioneered a Novel and Engaging Product […]
Business
September 11, 2024
Endeavor Putting OpenBet and IMG Arena for Sale
Endeavor, a talent and media holding form, has confirmed that it will be divesting OpenBet and IMG Arena, and is attempting to sell the assets. This process began during the second quarter and the search for a buyer is ongoing. Oakvale Capital, a top iGaming M&A firm, is facilitating the search for potential buyers. As […]
Industry
September 6, 2024
Star Sports Eyes Sporting Index Acquisition amidst UK Competition Probe
In a potentially significant development for the UK betting landscape, Star Racing, a division of Star Sports, has announced it is looking to acquire Sporting Index from the bookmaker Spreadex. This move comes in response to the ongoing investigation by the UK’s Competition and Markets Authority (CMA) into the merger between Spreadex and Sporting Index […]
Business
September 4, 2024
Kambi Chairman Weighs In on Recent Acquisition Rumors
Kambi the industry’s trusted provider of a range of sports betting services to licensed B2C gaming operators, has commented on the ongoing media speculation about its acquisition by another party. Kambi Denies the Rumors Recent rumors strongly suggested that Genius Sports, a sports data and technology company, has approached Kambi with an acquisition offer. This […]
Business
September 3, 2024
Revpanda Acquires Leetz Media, Evolves into Revpanda Group
Revpanda, an all-in-one digital marketing agency, has announced its acquisition of Leetz Media, another advertising specialist. The tie-up has resulted in the former company evolving into Revpanda Group. Revpanda Evolves Into Revpanda Group The acquisition, according to Revpanda’s official announcement, marks the union of two “well-established companies that have consistently delivered top-tier results in the […]
Business
August 29, 2024
DraftKings Enhances Micro-Betting Capabilities with Acquisition of Simplebet
Digital sports entertainment and gaming giant DraftKings, Inc. will significantly enhance its micro-betting capabilities by acquiring micro-market pricing and sports betting content company Simplebet. This strategic transaction will mark a significant evolution in DraftKings’ in-game wagering capabilities as it leverages Simplebet’s advances with machine learning algorithms. Live Betting Is the New Hot Thing in Sports […]
Business
August 29, 2024
Deutsche Bank Leads $4.3B Deal for Apollo’s Acquisition of Everi and PLC-IGT
Deutsche Bank AG is leading a $4.325 billion bond-and-loan offering to finance Apollo Global Management Inc.’s ambitious buyout of two big casino equipment suppliers. The deal represents one of the most pivotal mergers and acquisition moves in the gaming landscape this year, a sector where such high-profile deals are a rarity. Everi and PLC-IGT Will […]
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 […]
