Business
November 14, 2025
Everbay Capital Cites Concerns Over Golden Entertainment CEO Buyout
New York–based investment firm Everbay Capital has sent a letter to Golden Entertainment’s board raising serious concerns about last week’s announcement that the company’s CEO, Blake Sartini, plans to purchase the business. Everbay Capital argues that the proposed price of $2.75 per share for the remaining company, following the real estate divestiture, significantly undervalues its […]
Business
November 4, 2025
Novomatic Extends Takeover Bid for Ainsworth amid Mounting Tensions
Austrian gaming giant Novomatic AG has extended its bid to acquire the remaining shares of Ainsworth Game Technology (AGT) by another month, with a new deadline of December 3. The company’s ongoing efforts to consolidate its control over the Australian slot machine manufacturer have drawn significant attention after a filing with the Australian Securities Exchange […]
Business
November 3, 2025
Sportradar Completes Its Acquisition of IMG ARENA
Sportradar announced that it has closed its acquisition of IMG ARENA, which marks a major milestone for both companies. This follows recent approval from the UK Competition and Markets Authority (CMA). The Deal Has Been Sealed Earlier this year, sports data specialist Sportradar set out to acquire IMG ARENA from Endeavor Group Holdings. The former […]
Business
October 30, 2025
Jumbo Interactive Sets Sail for America with $36M Dream Giveaway Acquisition
Australian iLottery expert Jumbo Interactive announced the completion of its AUD 55.4 million ($36.3 million) acquisition of US prize draw company Dream Giveaway. This will allow the former business to make a foray into the US, capitalizing on the growing demand for lottery products. Jumbo Penetrates the US Market The deal was closed on October […]
Business
October 28, 2025
Banijay Acquires Majority Stake in Tipico to Create “European Betting Champion”
French multinational television production and distribution company Banijay Group announced that it has acquired a majority stake in sports betting company Tipico Group. The former said that it plans to merge its Betclic brand with Tipico, resulting in a stronger betting business. Banijay Acquires Majority Stake in Tipico In its announcement, Banijay said that it […]
Business
October 24, 2025
Kjerulf Ainsworth Launches New Bid for AGT Shares
Kjerulf Ainsworth, son of Ainsworth Game Technology (AGT) founder Len Ainsworth, is making a fresh move to increase his stake in the Australian slot machine supplier. To this extent, he has launched a proportional takeover bid to acquire an additional 2.9% of AGT, offering existing shareholders AU 1.30 ($0.84) per share. The price is roughly […]
Business
October 23, 2025
Power Struggles Deepen at Ainsworth Game Technology
Ainsworth Game Technology (AGT), the Australian slot machine developer founded by the legendary Len Ainsworth, continues to suffer from significant internal power struggles. The latest twist comes from Len’s son, Kjerulf Ainsworth, who has launched a proportional bid to lift his stake in the company from 7.27% to just under 10% as he seeks to […]
Business
October 22, 2025
TrueLayer to Acquire Zimpler and Champion Pay by Bank in Europe
TrueLayer, a leading European payment provider, announced that it has signed an agreement to acquire fellow payment provider Zimpler for an undisclosed sum. While the deal is still subject to regulatory approvals, the former company called it a “clear step forward” in its mission to drive innovation within the sector. The Deal Will Cement TrueLayer […]
Industry
October 14, 2025
Fortuna Entertainment Acquires Controlling Stake in Lob, Enters Montenegro
Fortuna Entertainment Group (FEG), a leading omni-channel betting and gaming operator in Central and Eastern Europe, announced its expansion into Montenegro via a new M&A agreement. Per the announcement, FEG will acquire a majority stake in local gaming leader Lob, cementing its dominance in its target regions. FEG Grows Its Presence in Southeast Europe FEG, […]
Business
October 13, 2025
Allwyn Unveils Historic Merger with OPAP
Allwyn International has announced a strategic merger with OPAP, Greece’s leading gaming company. The resulting entity will be called Allwyn and will position itself as the second-largest listed lottery and gaming company in the world. The Creation of Gaming’s Second-Largest Business According to the announcement, Allwyn will merge with OPAP through an all-share transaction that […]
