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Business
May 22, 2025
Intralot Quashes Max Gaming Acquisition Rumors
Intralot, a reliable lottery partner and licensed gaming provider, has commented on rumors regarding an M&A deal it allegedly considered. Coming shortly after a report by a major Australian news outlet, the Greek company’s statement denied the rumored arrangement. Report Implied Intralot Could Acquire Max Gaming A recent report by The Australian made headlines after […]
Business
May 22, 2025
Blackstone Considers Selling Clarion Events amid Broader Market Uncertainty
Blackstone is now searching for buyers interested in acquiring Clarion Events, a leading privately held event and exhibition business. The sudden announcement drew significant attention from industry experts, with some believing it could set off more high-profile sales. As for Clarion, the company’s future remains uncertain despite its substantial post-pandemic recovery, as political headwinds and […]
Business
May 19, 2025
Light & Wonder Closes Acquisition of Grover Gaming’s Charitable Gaming Assets
Light & Wonder announced that it has completed its acquisition of Grover Gaming’s charitable gaming assets. The transaction was announced earlier this year and was praised by the former company due to “strong cultural alignment” between the two parties. Light & Wonder Closes the Deal On May 19, Light & Wonder confirmed that it has […]
Business
May 16, 2025
Flutter Announces $350M NSX Group Acquisition and Brazilian Market Entry
One of the world’s leading online sports betting and iGaming operators, Flutter, has expanded its influence recently by completing the purchase of a majority 56% stake in NSX Group. Flutter Unveils New Deal with Betnacional NSX Group is a leading Brazilian operator. The company owns sports betting platform Betnacional, and Flutter spent $350 million on […]
Business
May 12, 2025
PointsBet Considers Betr’s Takeover Proposal, Eyes Due Diligence
Australian sports betting giant PointsBet has published a new update regarding Betr Entertainment’s recent acquisition proposal. Betr Seeks to Acquire PointsBet Last month, Betr Entertainment revealed a revised proposal to acquire PointsBet, confirming that it is looking to complete its buyout of the latter company. This came shortly after the former company acquired a 19.9% […]
Business
May 2, 2025
Flutter Closes Its $2.6B Acquisition of Snai from Playtech
Flutter Entertainment, a leading online sports betting and iGaming company, announced that it has closed its previously announced acquisition of Snaitech (Snai), one of Italy’s top omni-channel operators. Flutter Cements Its Leadership in Italy Consistent with the earlier announcement, Flutter will acquire Snaitech for EUR 2.3 billion ($2.6 million) from a subsidiary of Playtech. Flutter […]
Business
April 30, 2025
Shareholder Tensions Rise After Novomatic’s Ainsworth Takeover Bid
Austrian gaming powerhouse Novomatic’s push for full ownership of Ainsworth Game Technology is running into increasing resistance from some minority shareholders despite support from Ainsworth’s Independent Board Committee (IBC). This resistance could potentially complicate what Novomatic had hoped would be a straightforward process in its bid to fully acquire the ASX-listed slot machine manufacturer. Some […]
Business
April 29, 2025
Betr Puts Forward Proposal to Acquire PointsBet
Sports betting company Betr Entertainment has unveiled a revised takeover proposal for competitor PointsBet. The former company, which just became PointsBet’s largest shareholder, is now seeking to complete its buyout. Betr Challenges MIXI’s Proposal Earlier this week, Betr acquired a 19.9% stake in PointsBet, immediately positioning itself as one of the latter company’s biggest shareholders. […]
Business
April 23, 2025
RHCO Secures Controlling Stake in Nigeria’s Morrich Lottery
Readen Holding Corporation (RHCO) a venture capital firm specializing in financial technology, digital payments, and online commerce, announced that it has signed a definitive deal to buy an 80% controlling stake in Morrich Lottery Limited, a licensed lottery operator in Nigeria. This is notably the former company’s inaugural foray into African gaming. RHCO Is Pursuing […]
Business
April 16, 2025
Visualize Group Sets Out to Acquire BMM Testlabs
Visualize Group, an investment partnership that makes high-conviction and long-duration investments in generationally enduring businesses, set out to acquire BMM Testlabs, a leading private independent test lab for gaming products. The deal is consistent with the former party’s strategy of investments in reputable businesses. The Deal Is Consistent with Visualize Group’s Strategy The financial aspect […]
