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Business
October 6, 2022
Banijay Is Ready to Acquire Beyond
Leading producer and distributor of content Banijay owned by the international leader in gaming and multimedia content FL Entertainment Group has taken its plans to acquire Beyond International one step further. Banijay has announced it has entered a scheme implementation deed at the end of which Beyond will turn into a wholly owned subsidiary. Banijay […]
Industry
October 5, 2022
Everi Expands Beyond Casino Gaming with Venuetize Acquisition
Provider of gaming equipment for land-based and digital casinos Everi Holdings is expanding beyond the casino gaming industry with the acquisition of Venuetize. Aligned with the Capital Allocation Strategy The acquisition of Venuetize will expand Everi Holdings’ total addressable market for the first time outside of the casino gaming industry, while assets of the mobile-first […]
Business
September 30, 2022
Light & Wonder Completes Final Stage of Divestiture Process for OpenBet
After announcing a $400 million cut in the sale price of its sports betting business OpenBet at the beginning of July, Light & Wonder has now announced the completion of the final stage of its gaming transformation. The company has sold the OpenBet platform to the Endeavour Group for $800 million, signaling the $400 million […]
Business
September 26, 2022
Allwyn and Cohn Robbins Not to Merge Due to Market Conditions
After delaying a proposed merger to the third quarter of the year, Allwyn Entertainment and special purpose acquisition company Cohn Robbins Holdings Corp. have announced that the deal is off. The companies released a joint press statement in which they stated that they have decided against proceeding with the deal. Allwyn Explains Why the Decision […]
Business
September 26, 2022
Bragg Gaming Group Finalizes Wild, Oryx and Spin Games’ Integration
Bragg Gaming Group has revealed that it has completed the acquisition of Wild Streak Gaming and Spin Games through the consolidation of the companies under a single brand – Bragg. The move applies to Oryx Gaming as well. This comes at an important time for the company, as it is beginning to roll out its […]
Business
September 14, 2022
Lightning Box Sees 50% Growth Since Light & Wonder Acquisition
The acquisition of Lightning Box, a developer of iGaming products and slots specialist, has led to a solid increase in the company’s results over the past year, Light & Wonder Inc. reported. Since the company joined the Light & Wonder portfolio back in August 2021, the slot maker has been able to benefit from superior […]
Business
September 9, 2022
PlayAGS and Inspired Entertainment Merger Falls Through the Ground
PlayAGS has announced that the merger talks with Inspired Entertainment are off. Even though reports stated that the deal was almost finalized, PlayAGS turned down Inspired’s proposed takeover and as a result, the company was the worst-performing stock last Thursday as its shares dropped by 20.76%. The Original Proposition by Inspired Was $370 Million Back […]
Business
September 8, 2022
Kambi Group Acquires Shape Games in $78M Deal
Kambi Group has acquired Shape Games, a front-end specialist, which will significantly boost the company’s capability to deliver engaging sports betting experiences. The upfront consideration of the acquisition is set at €38.5 million ($38.47 million), and the deal comes with a performance-related earnout up to €39.6 million ($39.57 million), which puts the potential total value […]
Business
September 1, 2022
LeoVegas Shareholders Vote Overwhelming in Support of MGM Offer
MGM Resorts will be completing the acquisition of LeoVegas after 96% of the latter’s shareholders accepted the takeover bid which is due to complete on September 7. The public offer tabled by the US-based hospitality and entertainment group is valued at SEK61 ($5.72) per share and the deal is estimated at $604 million presently, below […]
Business
August 22, 2022
Allwyn and CRHC Report Merger Deal Progress
After a short delay, Allwyn Entertainment, a Czech lottery juggernaut, is closer to becoming a publicly-traded company. The lottery operator previously inked an agreement with Cohn Robbins Holdings Corp, a special purpose acquisition company (SPAC). Now, both parties shared news about their agreement’s progress. Allwyn and CRHC Reported Their Progress According to the agreement, the […]
