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Industry
September 6, 2024
Star Sports Eyes Sporting Index Acquisition amidst UK Competition Probe
In a potentially significant development for the UK betting landscape, Star Racing, a division of Star Sports, has announced it is looking to acquire Sporting Index from the bookmaker Spreadex. This move comes in response to the ongoing investigation by the UK’s Competition and Markets Authority (CMA) into the merger between Spreadex and Sporting Index […]
Business
September 4, 2024
Kambi Chairman Weighs In on Recent Acquisition Rumors
Kambi the industry’s trusted provider of a range of sports betting services to licensed B2C gaming operators, has commented on the ongoing media speculation about its acquisition by another party. Kambi Denies the Rumors Recent rumors strongly suggested that Genius Sports, a sports data and technology company, has approached Kambi with an acquisition offer. This […]
Business
September 3, 2024
Revpanda Acquires Leetz Media, Evolves into Revpanda Group
Revpanda, an all-in-one digital marketing agency, has announced its acquisition of Leetz Media, another advertising specialist. The tie-up has resulted in the former company evolving into Revpanda Group. Revpanda Evolves Into Revpanda Group The acquisition, according to Revpanda’s official announcement, marks the union of two “well-established companies that have consistently delivered top-tier results in the […]
Business
August 29, 2024
DraftKings Enhances Micro-Betting Capabilities with Acquisition of Simplebet
Digital sports entertainment and gaming giant DraftKings, Inc. will significantly enhance its micro-betting capabilities by acquiring micro-market pricing and sports betting content company Simplebet. This strategic transaction will mark a significant evolution in DraftKings’ in-game wagering capabilities as it leverages Simplebet’s advances with machine learning algorithms. Live Betting Is the New Hot Thing in Sports […]
Business
August 29, 2024
Deutsche Bank Leads $4.3B Deal for Apollo’s Acquisition of Everi and PLC-IGT
Deutsche Bank AG is leading a $4.325 billion bond-and-loan offering to finance Apollo Global Management Inc.’s ambitious buyout of two big casino equipment suppliers. The deal represents one of the most pivotal mergers and acquisition moves in the gaming landscape this year, a sector where such high-profile deals are a rarity. Everi and PLC-IGT Will […]
Business
August 23, 2024
Winner Joins evoke plc’s Portfolio in Romania After €10M Cash Injection
evoke plc, one of the world’s leading betting and gaming groups that owns and operates globally renowned brands including William Hill, 888, and Mr Green has acquired a 51% stake in Romania’s Winner.ro owner New Gambling Solutions (NGS) SRL. Consequently, the group has now turned into the fourth largest Business-to-Consumer operator in the country which […]
Industry
August 22, 2024
Golden Matrix Acquires Controlling Interest in Online Discount Platform
Golden Matrix Group, Inc. is an online platform, content developer, and licensor for social gaming. The company has announced the acquisition of an 80% controlling interest in Classics for a Cause Pty Ltd., or CFAC, in a strategic expansion into the consumer loyalty and rewards industry, which should synergize with its existing portfolio. GMGI Hopes […]
Business
August 14, 2024
Playtech Confirms Talks of £2bn Flutter Bid for Snaitech
The leading supplier of software, content and solutions, powering iGaming and betting operators, Playtech, confirmed it is in talks for the potential sale of its business-to-customer (B2C) division in Italy, Snaitech, to the leading gaming and entertainment giant, Flutter Entertainment. Today, the company released a short letter titled “Response to Media Speculation,” acknowledging that it […]
Business
August 2, 2024
Betsson to Acquire Sporting Solutions, In Line with M&A Strategy
Betsson is set to acquire Sporting Solutions, a UK-facing B2B firm that provides operators with cutting-edge sports betting technology. The acquisition, Betsson highlighted, will not disrupt the provision of products to the supplier’s existing partners. The Deal Will Reinforce Betsson’s Business Sporting Solutions was founded in 2007 and has a strong presence in the United […]
Business
August 2, 2024
Caesars Entertainment Confirms $500M Sale of WSOP Brand to NSUS
The largest casino-entertainment company in the US and globally recognizable company, Caesars Entertainment, announced it signed a definitive agreement to sell its intellectual property rights to the World Series of Poker (WSOP) to the leading investment group within the iGaming vertical known for delivering GGPoker, the innovative online poker room, NSUS Group Inc. Details regarding […]
