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Industry
August 18, 2022
Penn to Acquire the Remainder of Barstool Sports
Penn National Gaming, now rebranded as Penn Entertainment, announced its intentions to buy out the remainder of Barstool Sports, one of its longtime partners. The former company already owns a significant part of Barstool Sports and is now looking to finalize the acquisition. Penn to Acquire Barstool Sports Penn Entertainment has been working together with […]
Business
August 17, 2022
HeadsUp Is Close to the Finish Line with Spinola Acquisition
International gaming operator HeadsUp Entertainment has taken an important step towards strengthening its position in the global lottery market with the upcoming finalization of the acquisition of lottery software provider Spinola Gaming. HeadsUp Buys All Third-Party-Owned Spinola Shares HeadsUp has announced the completion of the next step leading towards the acquisition of the major global […]
Casino
August 9, 2022
Evolution Officially Closes Its €340M Nolimit City Takeover
Evolution has officially closed its €340 million ($347 million) Nolimit City takeover. The deal contained a conditional upfront payment of €200 million ($204 million) and a number of earn-outs that amount to €140 million ($143 million), payable in cash. The Deal Between the Two Parties Was Disclosed in June As one of the world’s leading […]
Business
July 22, 2022
BT Group and Warner Bros. Discovery’s Merger Greenlit by the UK CMA
BT Group and Warner Bros. Discovery’s merger has been greenlit by the UK’s Competition and Markets Authority (CMA). Thanks to this development, the two companies will be able to provide the Irish and UK markets with new sports betting products. BT Sport Was Initially Targeted by DAZN, But the Merger Shut Down the OTT Platform’s […]
Business
July 15, 2022
MGM Resorts International to Buy Genting Singapore, Reports State
US gambling giant MGM Resorts International has been reportedly taking a closer look into the possibility of acquiring Genting Singapore. According to reports, MGM has already held talks with the Lim family to either invest in Genting or acquire it in its entirety. Genting is the parent firm of Resorts World Sentosa. COVID-19 Restrictions Are […]
Business
July 14, 2022
Optimove Secures Graphyte to Create “Holistic Player Journeys”
Optimove has announced the successful acquisition of Graphyte, a platform created by former Ladbrokes employees Damien Evans and Rob Davis. Graphyte was acquired for an undisclosed sum and will now help Optimove deliver on an even broader range of technological tools for the gambling industry. Optimove Secures Graphyte to Empower Businesses and Players through Tech […]
Business
July 12, 2022
Iris Capital Becomes the Highest Bidder for Aquis’ Casino Canberra
The raging bidding war over Aquis Entertainment’s Casino Canberra is about to end as Iris Capital, a venture capital company based in New South Wales, has made an even higher offer to purchase 100% of the shares in the casino from Aquis, outbidding any previous offers from Capital Leisure & Entertainment Pty Ltd. Iris Capital’s […]
Business
July 12, 2022
French National Lottery Confirms Intent to Buy Aleda
The French National Lottery has announced that it will be buying out Aleda, a point-of-sale and payment processor company. The two organizations have entered exclusive negotiations and the Lottery has confirmed its intent to buy. This should empower the Lottery to pursue a more aggressive stance over the payment options used to make bets in […]
Sports
July 6, 2022
Playmaker Capital Signs $1.15M Deal to Acquire World Soccer Talk
Toronto-based digital sports media company, Playmaker Capital, has completed an acquisition deal for 100% of the digital assets of US-based World Soccer Talk, a soccer-focused media business. The purchase price was $1.15million and consisted of cash payment, 510,000 newly issued Playmaker shares, and an additional earn-out. Playmaker Positions Itself to Tap Soccer’s Growing Popularity in […]
Business
June 22, 2022
Evolution Buying out Nolimit City in €340M Deal
Evolution continues to consolidate its footprint in the iGaming sector by announcing that it is now looking to acquire Nolimit City for an initial sum of €200 million ($210 million). The potential sale could yield a bigger price provided that preliminary targets are met, leading to additional earnouts to the tune of €140 million ($147 […]