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Gambling News - 'M&a'
Business
July 12, 2022
French National Lottery Confirms Intent to Buy Aleda
The French National Lottery has announced that it will be buying out Aleda, a point-of-sale and payment processor company. The two organizations have entered exclusive negotiations and the Lottery has confirmed its intent to buy. This should empower the Lottery to pursue a more aggressive stance over the payment options used to make bets in […]
Sports
July 6, 2022
Playmaker Capital Signs $1.15M Deal to Acquire World Soccer Talk
Toronto-based digital sports media company, Playmaker Capital, has completed an acquisition deal for 100% of the digital assets of US-based World Soccer Talk, a soccer-focused media business. The purchase price was $1.15million and consisted of cash payment, 510,000 newly issued Playmaker shares, and an additional earn-out. Playmaker Positions Itself to Tap Soccer’s Growing Popularity in […]
Business
June 22, 2022
Evolution Buying out Nolimit City in €340M Deal
Evolution continues to consolidate its footprint in the iGaming sector by announcing that it is now looking to acquire Nolimit City for an initial sum of €200 million ($210 million). The potential sale could yield a bigger price provided that preliminary targets are met, leading to additional earnouts to the tune of €140 million ($147 […]
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 […]