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Esports
June 10, 2023
Tiidal Gaming Completes C$13.25m Sportsflare Sale to Entain
Esports and gaming platform operator, Tiidal Gaming Group Corp., announced today that the transaction for the sale of its esports betting business, Sportsflare, to global sports betting and gaming group, Entain, has been closed. Purchase Price, Holding Period Tiidal Gaming Group sold its wholly-owned subsidiary, Tiidal Gaming NZ Limited, the company behind Sportsflare, for gross […]
Industry
June 8, 2023
IGT Evaluates Strategic Options about Global Gaming, PlayDigital Divisions
Global supplier of gambling technology and solutions, International Game Technology (IGT), announced today that the Global Gaming and PlayDigital divisions are the focus of a strategic evaluation by the board of directors. Portfolio Value Maximization In a press release, the board of directors at IGT informed all investors and stakeholders that it is currently considering […]
Business
June 8, 2023
Aristocrat CPO Points Benefits the Acquisition of NeoGames Will Bring
In mid-May, Aristocrat Leisure Limited unveiled details regarding an acquisition of the iLottery and iGaming solutions provider, NeoGames. The deal with a price tag of a staggering $1.2 billion ultimately seeks to provide a significant boost for Aristocrat, powering its expansion and presence within different verticals. The Israeli-based online gambling, lottery and betting solutions provider, […]
Business
May 30, 2023
XLMedia Partially Sells Personal Finance Unit for $1.3M to MPD Media
After announcing its partnership with bet365 as part of a new revenue-share contract with the purpose of promoting responsible gambling on the North American market at the start of May, XLMedia is finishing the month with another big announcement. The global digital media company has partially sold its Personal Finance assets including various websites and […]
Business
May 26, 2023
Kindred Said to Be Looking for Buyout Offers by End of May
Recent departures from the company, involving many of its C-level executives, including chief executive Henrik Tjärnström, have prompted many to wonder what is going on with Kindred Group. Some stakeholders have grumbled in private that Kindred’s ambitious plans to enter the sports betting space in the United States and run its own dedicated platform have […]
Industry
May 24, 2023
Whitezip and Markor Merge into Casimba Gaming
Whitezip, a renowned online marketing and software development agency, has announced a merger with Markor Technology, an acclaimed provider of PAM and aggregation services. The notable deal will see the two companies pair their capabilities to deliver even better gaming experiences. The newly-formed entity will be called Casimba Gaming. Founded upon Markor and Whitezip’s robust […]
Business
May 22, 2023
Paf to Acquire 888’s Latvian-Facing Businesses in a $31M Deal
The leading betting and gaming company that is globally recognized with its brands that include Mr Green, William Hill and 888, 888 Holdings Plc, announced it has come to an agreement to sell its Latvian-facing business. In a deal for some €28.3 million ($30.6 million), the company agreed to sell its Latvian business to Paf […]
Business
May 22, 2023
GLI Group Buys Out Remaining Shares in iTech Labs
Gaming Laboratories International (GLI) Group has completed a transaction for the remainder of shares in iTech Global, a gaming testing laboratory that will now significantly strengthen the company’s reach and expertise in the provision of sophisticated certification services for the sector. iTech to Continue Operating Under Its Own Brand Neither party has shared information about […]
Business
May 19, 2023
Light & Wonder Plans to Acquire All SciPlay Public Shares for $422M
The global gaming supplier that creates systems, content, and hardware connecting iconic titles across all channels has sent the proposal to the board of directors governing its social casino arm SciPlay Corporation. Provided the proposal will be received and accepted, SciPay would turn into Light & Wonder’s wholly-owned subsidiary. $20 per Share in an All-Cash […]
Business
May 15, 2023
Aristocrat Announces Its Milestone Acquisition of NeoGames
Aristocrat Leisure Limited’s recent announcement revealed details regarding the $1.2 billion deal and the company’s plans to implement the new technology within its existing offerings. NeoGames’ real money gaming (RMG) solutions showed significant potential to bolster Aristocrat’s market appeal across multiple jurisdictions. The global supplier’s stellar 2022 financials place it in the perfect position to […]
