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Business
June 21, 2022
Baden Resources Shares NorthStar Gaming Reverse Takeover Proposal
Baden Resources has announced its reverse takeover plans of NorthStar Gaming via a non-binding letter of intent. According to the proposal, Baden will acquire all of NorthStar’s shares in exchange for its own shares, whereas NorthStar shareholders will have the option to convert their existing shares in NorthStar into Baden shares. The Proposed Deal Is […]
Business
June 18, 2022
NeoGames Finalizes Aspire Global Acquisition
iLottery platform provider NeoGames has completed its acquisition of Aspire Global, which started this January. 99.31% of the shares in Aspire Global were tendered, and any remaining shares will be subject to a compulsory sale around 11 August. The deal is worth SEK4.3billion ($440.0 million) and will result in the complete merger of the two […]
Business
June 17, 2022
Playtech Extends Negotiations Period with TTB Partners
Playtech has decided to extend TTB Partners’ period to submit a proposal for acquiring the former company. This was announced this morning by the gaming supplier’s board of directors. Playtech and TTB Partners to Continue Negotiations TTB Partners had to submit a proposal by June 17, which it failed to do. As per Playtech’s board’s […]
Business
June 15, 2022
Playtech Clears the Final Hurdle for Its Sale of Finalto
Renowned gambling software development company Playtech announced this Wednesday that it had received the necessary regulatory approvals to complete the sale of its financial trading division Finalto to Hong-Kong-based Gopher investments. Playtech shareholders approved the $250 million cash-only sales in December 2021, and the companies hope to close the deal by the end of June […]
Casino
June 9, 2022
RAW Buys Sapphire Gaming to Deliver on “Never-Before-Seen” Solutions
RAW iGaming has announced the acquisition of Sapphire Gaming, a promising developer with an established track record that will now boost the company’s footprint in the iGaming space. Thanks to Sapphire Gaming, RAW iGaming will be able to scale up its own development capacity and focus on strategic goals for 2022 and beyond. Sapphire Gaming […]
Business
June 7, 2022
Skywind Expands UK Presence via Intouch Games Acquisition
The premium content provider for the iGaming industry, Skywind Group, announced Tuesday that it completed the acquisition of Intouch Games Group, the award-winning technology company. Skywind Finalizes Intouch Games Group Acquisition Founded in 2012 by a group of industry veterans, Skywind Group offers high-performance iGaming solutions and content for key regulated markets around the world […]
Industry
May 31, 2022
Tabcorp Announces Senior Management Team Changes
Tabcorp has announced several senior management team changes ahead of its demerger in which its lottery operations will be separated from gaming, wagering and media services. All of the changes were set out in the Demerger Booklet and the demerger is expected to finalize on June 1. Some Employees Will Be Transferred to The Lottery […]
Casino
May 31, 2022
Oceanus Acquisition May Be SJM’s Last Satellite Casino
The courtship between Macau concessionaires and satellite casinos has most likely come to an end. The best example of that is SJM Holdings which, following its acquisition of Oceanus, will most likely not be looking to buy any additional satellite casinos moving forward, at least according to JP Morgan. SJM Holdings Unlikely to Buy More […]
Casino
May 31, 2022
Lady Luck Acquires Games Studio ReelNRG in $850,000 Deal
A recently completed acquisition deal saw LL Lucky Games, the parent company of Lady Luck, acquire London-based games studio ReelNRG. The purchase price consists of 2.5 million newly issued shares worth SEK 3.3 each and totals $850,000. The Acquisition to Provide Lady Luck with Additional Products and Increased Market Reach Calvin Kent, CEO of ReelNRG, […]
Business
May 30, 2022
Kambi Presents Enticing Risk-Reward for Acquisition
A Norwegian hedge fund is propping up sports betting technology supplier Kambi as a potential target for acquisition speculating that a number of companies could very well become bidders. MGM as Part of LeoVegas’ Expansion Alinea Capital Management, a long-biased hedge fund solely focused on companies from the gaming and iGaming sectors and managing a […]
