Industry
April 17, 2023
SEGA to Acquire Angry Birds’ Developer Rovio, Tables a €706m Bid
Video games manufacturer SEGA Sammy Holdings Inc. submitted a €706 million ($776 million) bid to acquire mobile games developer operating out of Finland, Rovio Entertainment. Accelerate Mobile Gaming Footprint Japanese-based game company SEGA Sammy announced today that its UK subsidiary, SEGA Europe Limited, has entered into a definitive agreement and submitted a tender offer to […]
Business
April 14, 2023
Better Collective Deepens Moat with Skycon Limited Acquisition
Digital sports media group Better Collective has acquired Skycon Limited, a British global display advertising company, in a $57 million deal (converted to USD). The new acquisition will help the former company cement its leading position in sports media, helping it improve its advertising efforts. Skycon Limited was founded in 2017 and is a Newcastle-under-Lyme-based […]
Industry
April 13, 2023
PointsBet Reportedly Seeking to Sell Its Business in the US
PointsBet, one of the smaller players on the US sports betting scene, hired the services of financial advisory services firm Moelis & Co, seeking to explore potential opportunities for the sale of its US arm. Divesting PointsBet US The appointment of the agency specialized in providing strategic advice to corporations, governments and financial sponsors is […]
Industry
April 13, 2023
Blexr Grows Its Business with ThePOGG Acquisition
Top-performing marketing company Blexr has reinforced its business through the acquisition of The Players Online Gambling Guide (ThePOGG), a British affiliate site. The former company noted that the new deal will help it expand its portfolio and business-to-business products. We’re thrilled to announce that we’ve acquired this top-rated UK-based website and premium alternative dispute resolution […]
Industry
April 12, 2023
IMG ARENA Wraps Up Leap Gaming Acquisition
Sports betting data specialist IMG ARENA has concluded its acquisition of the high-end virtual games provider Leap Gaming. The agreement was originally announced in December 2022 and is expected to further popularize the former company. By acquiring Leap Gaming, IMG ARENA has also acquired the company’s cutting-edge games and solutions, including its 3D motion capture […]
Business
April 12, 2023
Everi Enhances Games and Fintech Solutions with Acquisition of Video King
Everi Holdings Inc., a major provider of casino gaming products and services, has agreed to purchase certain assets of Video King, a top provider of integrated electronic bingo gaming devices and systems for $59 million. The acquisition is expected to be immediately beneficial to the company’s earnings and cash flow. Video King Licenses in 60 […]
Business
April 11, 2023
Private Equity Firms Show Interest in Israel-Based Playtika
The Israel-based digital entertainment company, developing and publishing mobile gambling games, Playtika, continues to pursue options for a strategic combination or takeover. It was back in February last year when the company confirmed plans for a strategic combination and even the possibility of a sale. Not unexpectedly, since the announcement, Playtika’s shares picked up. Despite […]
Business
April 5, 2023
Entain Pens Major Deal, Acquires 365scores
Global sports betting, gaming and interactive entertainment group Entain has unveiled a new major acquisition. The company said that it has acquired all of the shares of 365scores, a global sports media company. In the announcement, Entain said that the acquisition has cost it $150 million. In addition, Entain may have to pay up to […]
Business
April 4, 2023
Parsec Capital Acquires Majority Interest in Enteractive Media, Plans Nasdaq Listing
Parsec Capital Acquisitions, a special purpose acquisition company, has acquired a majority interest in Enteractive Media, a gaming affiliate company. Parsec Capital said that it plans to acquire the remaining Enteractive shares in the future, turning the company into a wholly-owned subsidiary. The current deal follows a previous merger announcement and overrides the actual merger […]
Business
March 23, 2023
Rovio Turns Down Playtika’s Acquisition Bid
Playtika, an Israel-based digital entertainment company that develops and publishes mobile games and gambling titles, has wrapped up the negotiations for the acquisition of Rovio. While the latter company, best known for its Angry Birds franchise, will not go through with the deal, it will continue the negotiations with other parties. This news comes in […]
