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Industry
May 15, 2023
Fanatics to Acquire PointsBet USA in a $150M Deal
Global digital sports platform Fanatics has announced its decision to purchase PointsBet’s US assets, just as earlier reports had suggested. According to the official announcement, the former company will acquire the sports betting operator in a $150 million deal. The money will be paid in cash, as agreed by the two companies. At first, Fanatics […]
Industry
May 12, 2023
Fanatics Reportedly in Negotiations to Acquire PointsBet USA
Fanatics Sportsbook, the sports betting arm of the popular sports merchandise brand, is reportedly in talks to acquire the US business of the Australian sportsbook operator PointsBet. Sources Claim Negotiations Are Ongoing Fanatics is in advanced negotiations to acquire the US assets and operation of troubled sportsbook operator PointsBet, including its innovative “PointsBetting” apparatus, Sports […]
Industry
May 9, 2023
Betr Acquires FansUnite’s Chameleon Gaming Platform
Microbetting gambling startup Betr is making the headlines today after an announcement that it has acquired the Chameleon gaming platform from its owner, FansUnite Entertainment. In Line with the Business Model The acquisition of Chameleon is seen by Betr as key to its future growth, allowing it to integrate into its direct-to-consumer platform Chameleon’s full […]
Business
May 5, 2023
Kambi Group Plc, Next in Line for a Potential Takeover?
The Swedish provider of technology for the gaming industry might be next in line for a takeover, according to the freshest Eilers & Krejcik Gaming (EKG) research included in their most recent EKG Line report. Kambi Group Not Idly Waiting for a Potential Suitor According to EKG, Kambi’s repayment of the $8.3 million Kindred Group […]
Business
May 5, 2023
Operators Show Interest in Acquiring Gambling Startup Betr
Over the last decade, the popularity of sports betting has grown exponentially. With the introduction of mobile betting options, more sports fans and gamblers engaged in placing wagers on their favorite teams. Not unexpectedly, the global sports betting market is only set to grow further and expand, which helped draw in new operators. Betr is […]
Sports
May 4, 2023
Morgan Stanley: Top Five Sportsbook Operators to Grow via Acquisitions
After expressing their belief that gambling in Macau is on the right track for recovery thanks to optimistic 2023 estimates, gambling experts at Morgan Stanley have made fresh speculation on the rising number of sportsbook-related deals that will be sealed in 2023 and beyond. In a note issued to their clients, the analysts working for […]
Business
May 4, 2023
FansUnite Agrees to Sell Subsidiary McBookie for $4M
The global entertainment and sports company focused on delivering technology for online gambling operators, FansUnite, announced it has entered into a definitive agreement for the sale of its wholly-owned subsidiary, McBookie. Details about the new transaction emerged earlier this week and see FansUnite sell the business “to an arm’s length third-party” in a deal with […]
Business
April 25, 2023
Yahoo Integrates Wagr into Yahoo Sports
Yahoo has announced the acquisition of Wagr, a social sports betting app. This major development is in line with Yahoo Sports’ efforts to create exciting betting and fantasy products for sports aficionados. Wagr excels in mobile-first content and uses its customers’ experience to keep on improving its products. Now, this cutting-edge company will be fully […]
Industry
April 17, 2023
SEGA to Acquire Angry Birds’ Developer Rovio, Tables a €706m Bid
Video games manufacturer SEGA Sammy Holdings Inc. submitted a €706 million ($776 million) bid to acquire mobile games developer operating out of Finland, Rovio Entertainment. Accelerate Mobile Gaming Footprint Japanese-based game company SEGA Sammy announced today that its UK subsidiary, SEGA Europe Limited, has entered into a definitive agreement and submitted a tender offer to […]
Business
April 14, 2023
Better Collective Deepens Moat with Skycon Limited Acquisition
Digital sports media group Better Collective has acquired Skycon Limited, a British global display advertising company, in a $57 million deal (converted to USD). The new acquisition will help the former company cement its leading position in sports media, helping it improve its advertising efforts. Skycon Limited was founded in 2017 and is a Newcastle-under-Lyme-based […]
