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Poker
March 7, 2022
RSI’s RIO Acquisition Paves the Way for Fourth US Poker Brand
Online poker options in the US might soon expand with the addition of Run It Once (RIO) brand after it was acquired by Rush Street Interactive (RSI) in a $5.8 million deal last week. RIO Poker Is Now Bigger The acquisition of RIO, the popular online poker website owned by Phil Galfond, is suddenly bringing […]
Industry
February 14, 2022
Blackstone to Acquire Crown Resorts for $6.5 Billion
Crown Resorts announced that it entered into an implementation deed under which its shares will be acquired by Blackstone Inc. for AU$13.10 per share. Blackstone, Crown Resorts Enter Into Implementation Deed Crown Resorts, one of Australia’s largest entertainment groups and a leading casino operator, announced on Monday that it entered into an implementation deed with […]
Business
February 10, 2022
Tabcorp, Entain Run Neck-and-Neck to Take Over Western Australia’s TAB
Western Australia (WA) has selected the shortlist for the second and binding bid phase of its TAB auction. The field is led by ASX-listed Tabcorp and Entain, which runs bookmakers Ladbrokes and Neds. WA expects the provider of online and retail outlet wagering services in the state to have a formal data room open by […]
Business
February 8, 2022
Everi Gains a Stronger Foothold in Australia Through New Acquisition
Everi Holdings, a casino gaming company, has announced plans for acquiring eCash Holdings. This Australian firm provides cash handling and payment solutions for the gaming industry. This is the second Australia-based acquisition for the company since the beginning of 2022. Everi Expands Footprint Down Under Everi will purchase eCash Holdings for AUD$33 million ($23.4 million). […]
Sports
February 7, 2022
Entain Acquired Avid Gaming to Complement Canadian Offering
Gambling group Entain announced today the acquisition of Avid Gaming in a deal valued around C$300 million ($236 million). Entain acquired Deis Ltd, the firm operating Avid Gaming, from Middlebrook Investments Limited. Highly Complementary to Existing Canadian Business The acquisition of Avid Gaming, owner of Canada’s leading online sports betting brand Sports Interaction, is seen […]
Business
February 3, 2022
Playtech Acquisition Saga Continues with TTB Partners Approach
Less than 24 hours after the bid from Aristocrat had failed to receive the required Playtech shareholder support, another candidate to acquire the London-listed tech firm crept into the picture after a report in Sky News revealed an approach from TTB Partners. New Buyer Interest from Hong Kong TTB Partners, a boutique investment and advisory […]
Business
February 2, 2022
Playtech Shareholders Leave Aristocrat Empty-Handed
Playtech announced today the £2.1 billion ($2.85 billion) bid Australian slot manufacturer Aristocrat tabled in October last year failed to gather the required shareholder approval and has been terminated while the proposed acquisition scheme will now lapse. Vote Failed to Pass Threshold The majority of Playtech shareholders voted in favor of the proposal at the […]
Industry
February 1, 2022
Gambling.com Acquires BonusFinder.com to Boost NA Presence
The affiliate business is a greasy pole – you go up, you go down. Gambling.com Group has bucked the trend by establishing itself firmly on an upward trajectory and the latest acquisition of BonusFinder.com, a website that collects and reviews the information of thousands of casinos from all over the world, attests to Group’s unmatched […]
Business
January 28, 2022
Super Group and SEAH Close Merger, SGHC & SGHC WS Now Live
The operator of online betting and gaming brand Betway and multi-brand online casino Spin, Super Group (SGHC), is now live on the New York Stock Exchange (NYSE), following the announcement that its merger with Sports Entertainment Acquisition Corp (SEAH) is completed. Pursuing Global Growth Opportunities Super Group and special purpose acquisition company (SPAC) SEAH announced […]
Esports
January 28, 2022
Intema Solutions Details Livestream and Loot.Bet Acquisition
Intema Solutions has entered into a definitive share purchase agreement with Loot.Bet esports betting platform and brand owner Livestream. The deal is estimated at $14.8 million and will be paid in cash, new Intema common shares, and a secured vendor take-back note. This follows up on a letter of intent signed in May when Intema […]