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Business
November 12, 2024
Endeavor Confirms Buyout of OpenBet and IMG Arena by OB Global Holdings
The global sports and entertainment company, Endeavor Group Holdings, announced Monday it reached an agreement to sell OpenBet and IMG Arena to OB Global Holdings LLC. Details regarding the strategic business transaction emerged on Monday. The Management Buyout Is Backed by Key Execs The transaction has a price tag of $450 million. Endeavor confirmed that […]
Business
November 11, 2024
PointsBet Quashes Takeover Rumors
A report published a few days ago suggested that an unidentified Asian company is interested in acquiring Australian betting powerhouse PointsBet. The latter company, however, has now come forward to deny the hearsay. The Report Alleged an Asian Company Is Interested in PointsBet The original report was posted on Friday by The Australian. In its […]
Business
November 11, 2024
Game Lounge Expands Global Reach with Meneer Casino Acquisition
Game Lounge, a leading global iGaming affiliate company, has struck a strategic deal to strengthen its European presence by acquiring Two Kings Consultants B.V., the parent company of the acclaimed Dutch iGaming affiliate site Meneer Casino. This strategic acquisition aligns with Game Lounge’s ambitions to expand into regulated markets. The Two Companies Have a Shared […]
Business
November 6, 2024
Livesport’s Flashscore Network Acquires BeSoccer’s Asset Portfolio
Livesport‘s flagship product, the Flashscore network, has successfully completed the acquisition of BeSoccer, a Spanish platform specializing in live scores, statistics, and news dedicated to soccer fans. The Largest Acquisition in Livesport’s History The strategic move with undisclosed terms underlines the brand’s commitment to expanding its presence in the sports tech industry, bringing an additional […]
Casino
November 1, 2024
Ukraine’s Cosmolot Owner Bought by Nevada Gaming Holding
Nevada Gaming Holding has acquired Spacesiks, the owner of Cosmolot, which is Ukraine’s largest gambling company since the country’s industry re-regulation, in a groundbreaking deal that signals confidence in the domestic market. Cosmolot Owner Acquired by US Investors Nevada Gaming Holding has cited an investment rationale behind its decision to bolster Cosmolot, arguing that the […]
Business
October 30, 2024
Glitnor Group to Expand European Footprint via OneCasino Acquisition
Glitnor Group, an up-and-coming iGaming company, announced that it has signed an agreement to acquire OneCasino, a leading online casino operator with a strong presence in Spain, Denmark and the Netherlands. The Deal Is Set to Close in 2025 According to the announcement, Glitnor penned a share purchase agreement with OneCasino and will acquire the […]
Business
October 30, 2024
Caesars Accelerates Debt Reduction Goals with LINQ Promenade Sale
The leading casino entertainment company with a solid presence across the United States, Caesars Entertainment, announced it has entered into a definitive agreement to sell one of its Las Vegas assets. Caesars Agrees to Sell the LINQ Promenade Details regarding the sale emerged Tuesday with the company confirming its intention to divest the LINQ Promenade, […]
Business
October 21, 2024
XLMedia to Sell US Assets to Sportradar, Plans to Delist by May
Sports and gaming digital media company XLMedia has agreed to sell its remaining business in North America to Sportradar, a Switzerland-based sports data specialist. This conditional agreement will see the rest of XLMedia’s NA business transferred to Sportradar for $30 million in cash. XLMedia Failed to Achieve Its Goals in America According to XLMedia, the […]
Casino
October 17, 2024
Openbox Secures Boldplay’s Full Creative Content
Openbox Holdings, the company behind OpenBox Gaming, has announced that it has acquired Boldplay, a prominent online casino studio. The studio has developed a number of excellent games, including Splatzz, Mummified Mysteries, Arriba, Swan House, and more. Openbox Taps Boldplay to Strengthen Content Momentum As a result, OpenBox Gaming will now leverage Boldplay’s content in […]
Business
October 11, 2024
Fantasma Games’ Shareholders Approve EveryMatrix’s Takeover Bid
EveryMatrix announced that an overwhelming majority of Fantasma Games’ shareholders have approved the former company’s takeover bid. For context, the acquisition required the approval of at least 90% of the content developer’s investors. The Deal Has Been Approved by Shareholders A month ago, EveryMatrix submitted a recommended public offer to acquire all of Fantasma Games’ […]
