Business
March 1, 2024
IGT and Everi Embark on Transformative Merger
International Game Technology PLC (IGT) and Everi Holdings Inc. have entered into definitive agreements that will separate IGT’s Global Gaming and PlayDigital businesses. Following the spin-off, these entities will combine with Everi to create a dynamic global gaming and fintech enterprise. The transaction, valued at approximately $6.2 billion, is set to reshape the landscape of […]
Business
February 21, 2024
FanDuel Acquires BeyondPlay for an Undisclosed Sum
Flutter’s sports betting and fantasy sports brand FanDuel has acquired the iGaming software startup BeyondPlay in a strategic deal. While the monetary aspect of the arrangement was not disclosed, executives expressed their excitement about the deal. BeyondPlay was founded in 2021 and offers a jackpot management system and multiplayer software. The first solution allows the […]
Business
February 21, 2024
Caesars to Acquire WynnBET’s Michigan iGaming Operations
The leading betting and gaming operator, Caesars Entertainment, announced an important acquisition, allowing it to significantly strengthen its footprint in one of the six online gambling markets across the United States. On Tuesday, the company confirmed the acquisition of WynnBET’s Michigan iGaming operations. In other words, Caesars acquired the company’s online gambling operations in the […]
Business
February 20, 2024
FDJ Reportedly Considers Divesting Sporting Solutions
La Française des Jeux (FDJ), the premier lottery and sports betting operator in France, confirmed earlier this week that it will officially launch its public tender offer for Kindred Group. The announcement came after its blockbuster $2.5 billion bid was approved by the Swedish gambling regulator with the company confirming that the offer is expected […]
Industry
February 19, 2024
FDJ to Officially Launch Public Tender Offer for Kindred
France’s premier lottery and sports betting operator, La Française des Jeux (FDJ), announced that its takeover proposal for Kindred Group has been approved by the Swedish regulator. As a result, the French betting powerhouse will launch its offer on February 20. According to FDJ, its offer document secured the official approval of the Swedish Financial […]
Business
February 19, 2024
Betsson Returns to the Netherlands via $30M Holland Gaming Technology Acquisition
Online gambling group Betsson announced its re-entry into the Dutch market via the acquisition of Holland Gaming Technology and Holland Power Gaming. The EUR 27.5 million ($29.6 million) deal will allow Betsson to triumphantly return to the Netherlands after its exit several years ago. The gambling group had to pull out from the newly-regulated Dutch […]
Business
February 16, 2024
DraftKings Expands Reach with $750M Acquisition of Jackpocket
DraftKings Inc. has finalized an agreement to purchase Jackpocket, the prominent US lottery app, for a staggering $750 million. DraftKings’ Partnership with Jackpocket Signals Entry into US Lottery Industry The deal, structured with approximately 55% cash and 45% stock components, underscores DraftKings’ strategic maneuver to tap into the vast potential of the US lottery industry. […]
Business
February 14, 2024
GAN Shareholders Give the Thumbs Up to Sega Sammy Merger
Most GAN shareholders have approved the company’s looming acquisition by Sega Sammy. The deal, originally announced in August, will see the company’s B2B and B2C iGaming business acquired by the Japanese gaming powerhouse. As it turns out, 95% of the company’s shareholders support the merger. For reference, the latest shareholder meeting was attended by people […]
Business
February 7, 2024
Games Global Secures Three Awards, Completes DGC B2B Acquisition
Games Global, a leading iGaming supplier, secured a number of awards as ICE 2024 kicked off. In addition, the company has now completed its acquisition of DGC B2B from Super Group. Games Global Scoops Up Three Prestigious Awards Games Global was recognized at the International Gaming Awards 2024, securing three prestigious accolades. The company was […]
Business
February 6, 2024
Better Collective Finalizes Acquisition of Playmaker Capital
Better Collective announced that it has completed the acquisition of Playmaker Capital, a Toronto-based digital sports media group. This is notably Better Collective’s second-largest acquisition to date. The deal saw Better Collective acquire all of Playmaker Capital’s issued shares for a consideration of CAD 0.70 per share. Better Collective covered this deal both in cash […]
