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Gambling News - 'M&a'
Business
July 17, 2023
Play Synergy to Acquire Aruze Gaming America
Acquiring Aruze Gaming’s US-based assets marks a significant milestone for Play Synergy as it seeks to bolster its North American presence. The Empire Technological brand expands its portfolio and gains access to cutting-edge gaming technologies, offering players an enhanced gaming experience. Meanwhile, the extra funds should aid Aruze Gaming’s restructuring efforts, allowing the company to […]
Business
July 17, 2023
Entain Confirms Plans to Acquire Angstrom Sports
The global sports betting, gaming and interactive entertainment group, Entain, unveiled details regarding a new acquisition. The company said Monday it plans to acquire the specialist provider of sports modeling, forecasting and data analytics, Angstrom Sports in a deal with a maximum payment of up to £203 million ($265.5 million). Entain said that the acquisition […]
Business
July 14, 2023
STS Posts Strong Q2 Results Ahead of Entain Takeover
Ahead of the finalization of the acquisition by Entain, STS Group, the leading Polish sportsbook operator, released a new trading update, outlining the strong growth of the company for the second quarter of 2023. For Q2 of this year, the recorded amount of stakes hit PLN 1.103 billion ($278 million). This result, when compared to […]
Business
July 14, 2023
B90 Holdings Expands Online Gambling Marketing with Emwys Acquisition
B90 Holdings, an online sportsbook and casino operator, has announced its plans to acquire Emwys AB, a Swedish-based marketing company in the online gambling sector. The share purchase agreement was made with Funko International, and the total share capital of Emwys is valued at €3.6 million ($4 million). B90 Holdings Acquires Emwys to Boost Pay-Per-Click […]
Industry
July 5, 2023
Entain, Superbet Withdraw Interest in Slovenia’s Sports Lottery
The saga of the sale of Slovenia’s Sports Lottery has come to a sudden end after both candidates to acquire a stake, Entain and Superbet, withdrew their applications. Purchase Applications Withdrawn Slovenia’s Ministry of Finance announced that negotiations for the acquisition of a major stake in the state-run sports betting operator, Sports Lottery (Športna Loterija) […]
Industry
July 3, 2023
Golden Matrix and MeridianBet Amend Acquisition Terms
Gaming technology and content supplier, Golden Matrix Group Inc. (GMGI), and MeridianBet Group announced an amendment to the definitive agreement reached at the beginning of the year. Less Cash, More Stock The Amended and Restated Purchase Agreement for the acquisition of MeridianBet Group and its related companies by GMGI extends the required closing date of […]
Business
July 3, 2023
Better Collective Acquires Playmaker HQ in a $54M Deal
Better Collective announced the acquisition of Playmaker HQ, which will boost the former company’s social media and sports content. The acquisition cost the digital sports media group a total of $54 million, $15 million of which will be upfront. A million will be paid in deferred payments and an extra $38 million in performance-based earnout […]
Business
July 3, 2023
EveryMatrix Acquires DeepCI, Starts Data-Driven Product Integration
Starting July 1, the global affiliate intelligence platform Deep Competitive Intelligence (DeepCI) for iGaming affiliate programs has joined EveryMatrix, the group that delivers software, content, services, and solutions for Tier 1 and brand-new iGaming operators. The DeepCI team that was originally brought together by Lewis Civin and Riaan de Jager three years ago will be […]
Business
June 30, 2023
PointsBet’s Shareholders Vote in Favor of US Assets Sale
PointsBet announced that an overwhelming majority of its shareholders supported the sale of its US-facing business to the well-known sports merchandise company, Fanatics. Fanatics Betting and Gaming, the company’s sports retail division, filed a proposal for the takeover of PointsBet’s US assets in a deal for some $225.0 million, a significant increase from its initial […]
Industry
June 26, 2023
Rumors of Personal Motives Behind DraftKings’ PointsBet Bid
Failed merger negotiations may be behind DraftKings’ last-minute bid to acquire PointsBet USA and derail an already negotiated deal with Fanatics, according to a media report. Block Fanatics from New York Entry DraftKings chief executive officer Jason Robins is determined to “level the score” with Fanatics boss Michael Rubin, still holding a grudge after Rubin […]