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Gambling News - 'M&a'
Business
January 31, 2023
GiG Acquires AskGamblers.com via Share Purchase by Innovation Labs
Last December, the leading technology company in the iGaming industry sealed the historical acquisition deal with Catena Media Plc. Now, Gaming Innovation Group (GiG) has announced the completion of the acquisition process for casino affiliate sites Askgamblers.com, Johnslots.com and Newcasinos.com along with a series of smaller domains from Catena Media Plc. The Transaction, Completed Via a […]

Industry
January 27, 2023
Trustly Completes Ecospend Acqusition
Trustly, a global payment platform for digital account-to-account (A2A) transactions has unveiled the completion of its acquisition of Ecospend, a British open banking payments platform. This move was officially greenlit by the Financial Conduct Authority. Trustly Acquired Ecospend Following Approval from the FCA Following the M&A deal, Trustly and Ecospend will together form the leading […]
Business
January 24, 2023
Aristocrat Poised for Strategic M&A Deals According to Fitch Ratings
Fitch Ratings has recently evaluated the creditworthiness of Aristocrat Leisure, affirming their Long-Term Issuer Default Rating at “BBB-“. The outlook on the rating is stable. Sound Balance Sheet Will Enable Aristocrat to Pursue M&A Deals The positive assessment is based on Aristocrat’s strong business profile as a global gaming supplier and low gross leverage. The […]
Industry
January 20, 2023
Fanatics in Discussions to Acquire the BetParx Sportsbook
US sports merchandise and commerce brand, Fanatics, is reportedly in discussions to acquire BetParx as it is seeking ways to establish a presence in sports betting. Discussions Ongoing According to the information provided by unnamed sources, Fanatics signed a letter of intent to buy the BetParx sportsbook but a price is yet to be determined […]
Industry
January 12, 2023
Golden Matrix to Acquire MeridianBet Group for $300M
Developer of gaming technology and content Golden Matrix entered into a definitive agreement to acquire MeridianBet Group for a total consideration of $300 million payable in a combination of cash and stock. ‘Highly Scalable B2C Vertical in New Markets’ The acquisition of Malta-headquartered MeridianBet Group and its related companies will give Golden Matrix access to […]
Casino
January 11, 2023
DoubleDown to Acquire SuprNation in a €33m All-Cash Deal
Social gaming company DoubleDown Interactive announced it has entered into an agreement to acquire online casino gaming firm SuprNation AB in an all-cash deal. First Post-IPO Acquisition The acquisition of Swedish-based iGaming company SurpNation will cost DoubleDown Interactive €33 million ($35.4 million) on a cash-free and debt-free basis and will be subject to a final […]

Casino
January 6, 2023
Bally’s, GLPI Completed Previously Announced Sale-Leaseback
Bally’s Corporation and Gaming & Leisure Properties (GLPI) announced that the acquisition of the land and real estate assets of Bally’s Tiverton Casino & Hotel in Tiverton, Rhode Island, and Bally’s Hard Rock Hotel & Casino Biloxi in Biloxi, Mississippi by GLPI is now completed for a total consideration of $635 million. Bally’s Sells Real […]

Business
January 6, 2023
Gambling.com Acquired New Domain – Casinos.com
Gambling.com has been busy solidifying its market positions but this has happened in a unique way when it comes to affiliate businesses, and its growth is indisputable. New Domain in the Gambling.com Roster Although news of this started making the rounds back in November 2022, the press release mentions that the launch of the new […]

Industry
January 5, 2023
Betsperts Group Expanded with Bleacher Nation Acquisition
Fantasy sports and sports betting media specialist Betsperts Group announced the acquisition of Bleacher Nation in a cash plus equity deal to mark the group’s fourth acquisition in the last 18 months. ‘Impressive Track Record of Growth’ With the addition of Bleacher Nation, a sports media outlet covering sports from Chicago and across the nation, […]

Business
January 3, 2023
Super Group Expands Global Presence in the US by Acquiring DGC
The NYSE-listed international digital gaming company that offers first-class entertainment confirmed the acquisition of the online gambling and sports betting company that offers market access in a dozen US states, including eight live markets. The new deal will allow Betway’s and Spin’s parent company to further expand its global presence in the US by entering […]