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Business
September 22, 2025
Allwyn Ventures into the DFS Space with PrizePicks Majority Stake Acquisition
Global lottery giant Allwyn International announced that it has entered into a definitive agreement to acquire a majority stake in North America-facing daily fantasy sports (DFS) operator PrizePicks. Allwyn to Buy a Majority Stake in PrizePicks In its announcement, Allwyn said that it will purchase a 62.3% stake in PrizePicks for an initial cash consideration […]
Industry
September 22, 2025
Miami Fund to Sue Standard General over Its Allegedly Unfair Takeover of Bally’s
The Miami Police Pension and Relief Fund is reportedly on the way to sue American hedge fund Standard General over its 2024 bid to acquire casino and hospitality operator Bally’s Corporation. “Hedge Fund Vulture” Kim Made the Transaction Possible As reported by Casino.org, the Miami Police Pension and Relief Fund believes that the acquisition of […]
Business
September 19, 2025
Genius Sports Bolsters Innovation with Sports Innovation Lab Acquisition
Genius Sports Limited, an official data, technology and broadcast partner to the sports, media and sports betting sectors, announced that it has completed the acquisition of Sports Innovation Lab, a data, analytics, and insights leader. The acquisition will empower Genius Sports, pairing its global footprint of official league data with Sports Innovation Lab’s deterministic fan […]
Business
September 15, 2025
ATG Encourages Shareholders to OK Novomatic’s Takeover Bid
Gaming machine manufacturer Ainsworth Game Technology (ATG) has encouraged its shareholders to accept Novomatic’s latest takeover offer. In its latest Australian Securities Exchange release, the company defined the offer as “fair and reasonable.” Novomatic Returned with an Improved Bid Ainsworth Game Technology has issued a statement in response to Novomatic’s takeover offer through which the […]
Industry
September 11, 2025
PointsBet Encourages Shareholders to Back MIXI’s Takeover Offer
PointsBet has once again encouraged its shareholders to accept MIXI Australia’s takeover proposal. In the meantime, the Australian sportsbook reiterated its skepticism about Betr’s rival offer, citing significant risks. PointsBet Prefers MIXI’s Proposal MIXI Australia, the Australian arm of the Japanese tech giant MIXI, has continued the fight for PointsBet, hoping to acquire the sports […]
Industry
September 8, 2025
Tipico Completes ATLAS Group Acquisition from NOVOMATIC
Tipico Group, a leading sports betting and iGaming company in the German-speaking region, has confirmed the completion of its acquisition of ATLAS Group, the parent company of Austria’s ADMIRAL Group. The company said that this transaction aligns with its local strategy. Tipico Will Divest Some of Its Land-Based Shops According to Tipico’s official press release, […]
Business
September 8, 2025
MIXI Australia Achieves Majority Stake in PointsBet
MIXI Australia, the Australian arm of the Japanese tech giant MIXI, has acquired majority control of PointsBet Holdings, marking another win for the company, despite competitor Betr Entertainment’s efforts to acquire the sportsbook. A Major Step for MIXI On September 5, MIXI Australia reached 51.86% shareholding in PointsBet, which is equivalent to some 180.3 million […]
Business
September 2, 2025
Pine Sports and SharpSports Merge to Reach Greater Heights
Pine Sports has merged with SharpSports in a deal that will leverage the two companies’ unique qualities to help them reach greater heights. The Deal Will Speed Up SharpSports’ Production Pipeline The deal was first announced on the 179th episode of Betting Startups, a podcast dedicated to emerging companies within the North American gaming sector. […]
Business
August 22, 2025
Betr Rejects MIXI’s Offer for PointsBet Shares
Betr Entertainment, one of PointsBet’s potential buyers, has reiterated its opposition to a rival takeover proposal by MIXI Australia. Betr, which owns a significant stake in PointsBet, previously leveraged its shareholding to block an earlier acquisition arrangement. The Clash Continues Betr, which has long expressed interest in acquiring PointsBet, a sportsbook with a presence in […]
Business
August 20, 2025
Donaco Delists from ASX Due to On Nut Road Merger
Donaco International Limited (DNA) announced the completion of its delisting ahead of its acquisition by On Nut Road Limited. This follows the recent approval of the latter company’s takeover of the former. Donaco Ceases Trading Earlier this month, New South Wales’ Supreme Court greenlit On Nut Road Limited’s acquisition of Donaco International, an Asia Pacific […]
