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Industry
October 10, 2022
Green Jade to Become Green Jade Group Following GameCo Merger
GameCo, a developer pioneering a revolutionary new category of regulated gaming products and experiences has agreed on a merger with Green Jade Games, a Malta-based studio that “celebrates brilliance.” GameCo to Merge with Green Jade Games Green Jade Games and GameCo announced a merger that will result in the creation of an entirely new company. […]
Business
October 7, 2022
ESPN and DraftKings May Seal a Historical Deal
At the end of August, ESPN announced that it was interested in joining the sports betting market by selling its brand to sportsbook operators like Caesars Entertainment and DraftKings. The speculated license price was $3 billion, according to a media report based on sources that were not named. Now, Walt Disney Co.’s ESPN seems to […]
Business
October 7, 2022
Light & Wonder Completes House Advantage Asset Acquisition
Light & Wonder, an American gaming products and services company, announced that it completed the acquisition of all House Advantage assets. The acquisition of the marketing tech company’s business will help the supplier add a proven marketing solution to its products. Light & Wonder Acquired House Advantage As explained by Light & Wonder, House Advantage […]
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 […]
