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Gambling News - 'M&a'
Business
May 11, 2021
Sportradar Acquires InteractSport Aiming to Conquer Cricket
Sportradar, a leading sports data provider, has acquired its third company for 2021, signing a definitive agreement with InteractSport, a company providing sports data, technology, and insights. Sportradar Ends Its Q22021 with Interactsport Acquisition Today, Sportradar, a leading global sports data and solutions provider, has announced entering into a definitive agreement with InteractSport, a sports […]
Business
May 11, 2021
PointsBet Announces PTC Acquisition to Boost Horseracing Offer
PointsBet will consolidate its expertise and product offering in the US horseracing industry through the acquisition of Premier Turf Club. Premier Turf Club Joins PointsBet to Boost Horseracing Offer PointsBet has dropped a big piece of news late on Monday evening, announcing the acquisition of Premier Turf Club, an advance deposit wagering (ADW) company that holds a license […]
Business
May 10, 2021
Crown Resorts Has a New Suitor as The Star Entertainment Offers a Deal
It took a while, but The Star Entertainment Group has finally decided to step forward and offer a deal to purchase the beleaguered Crown Resorts. The casino and hospitality company has submitted a formal proposal to buy out Crown for $7 billion (AUD$9 billion) in an all-stock deal to compete against existing bids by the […]
Sports
May 7, 2021
Genius Buys Second Spectrum to Boosts Tech-Driven Data Offer
Leading sports data provider Genius Sports has acquired Second Spectrum to complement its portfolio and build a tech-driven sports product. Deeper Data Solutions Now Possible Through Second Spectrum Acquisitions Genius Sports has entered into a definitive agreement with Second Spectrum, a leading provider of data tracking and visualization technology, with Genius acquiring the full assets of the […]
Business
May 6, 2021
Sportradar and Horizon Need More Time to Thrash $10B Deal
Negotiations between supplier of sports data and integrity solutions Sportradar and Horizon Acquisition Corp. II would need more time to complete according to a person familiar with the talks, Sportico reports. Negotiations Deepen, Possible Agreement within a Week Switzerland-based Sportradar and the special purpose acquisition company (SPAC) led by co-owner of the franchise from Major […]
Business
May 4, 2021
Catena Media Acquires Sports Affiliation Lineups for $39.6M
Online lead generation firm Catena Media announced today it acquired online sports affiliation Lineups.com to strengthen its position in the US sports betting arena. Payment Details Catena Media revealed a total of $39.6 million will be paid in cash in 3 installments spread over a period of 2 years, with another half-a-million payable upon fulfillment […]
Business
May 4, 2021
Apollo Global Expands Portfolio, Buys Verizon Media for $5B
Private equity fund Apollo Global Management is set to expand its presence in the content and advertising space after agreeing to acquire AOL and Yahoo brands from Verizon. “Apollo delivered the strongest vision and strategy for the next phase of Verizon Media. I have full confidence that Yahoo will take off in its new home.” […]
Business
May 4, 2021
Gaming M&A Activity Continues as Action Network Goes to Better Collective
What a difference a year makes. The past 12 months have seen a number of high-profile deals being made in the gaming space, with mergers and acquisitions (M&A) now becoming almost a daily occurrence. The founders of Action Network aren’t complaining, as their hard work is now paying off in a big way. Only launched […]
Casino
August 10, 2020
InterActiveCorporation Acquires a $1B Stake in MGM Resorts
Digital media company InterActiveCorporation (IAC), which has a history of buying, developing and selling online businesses announced today it had accumulated a significant share in MGM Resorts International. In a Schedule 13D filed to the Securities and Exchange Commission (SEC), IAC revealed it had acquired 12% in the casino operator, worth an estimated $1 bilion. […]
Casino
May 11, 2020
LVS May be Considering the Acquisition of Wynn Resorts, Analysts Suggest
Las Vegas Sands (LVS) may be looking to acquire Wynn Resorts, an analysis by a boutique investment bank and advisory firm for the gaming industry suggests. Union Gaming LLC, in a note published Thursday overnight, cited Okada Manila in the Philippines, Australia-based Crown Resorts, and Wynn Resorts, all three as potential acquisition targets for the […]