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Business
May 27, 2025
Sega Sammy Completes Its Acquisition of GAN
GAN Limited, a leading B2B provider of solutions to the iGaming industry confirmed that its merger with Sega Sammy, a Japanese global holding company, has been completed. This is consistent with Sega Sammy’s earlier announcement, which said that the deal would close on May 27. GAN Joins the Sega Sammy Family As outlined in Sega […]
Business
May 20, 2025
Sega Sammy to Close Its Acquisition of GAN on May 27
Sega Sammy published an update on its acquisition of GAN Limited, announcing that it is on track to satisfy the conditions necessary to proceed with the deal. Although Sega Sammy confirmed that the deal would affect its financial report for the year, it has yet to estimate the impact. Sega Sammy Hopes to Close the […]
Business
May 15, 2025
Sega Sammy Sees Mixed Results as Games Grow and Pachinko Slows
Japanese entertainment powerhouse Sega Sammy Holdings has released its financial report for the fiscal year ending March 31, 2025, showing varied outcomes across its business units. Pachinko Revenue Falls, But Sega Sammy’s New Ventures Signal Promising Future The company’s traditional pachinko and pachislot operations saw a significant decline. However, its launched gaming division and hospitality […]
Legal
April 15, 2025
Dutch Court Orders Sega Sammy to Finalize €130M Stakelogic Acquisition
A Dutch court has ordered Sega Sammy Holdings to proceed with its €130 million ($147.25 million) acquisition of Dutch game developer Stakelogic, rejecting the Japanese gaming giant’s bid to cancel the deal over regulatory concerns. The outcome of this case underlines the importance of proper due diligence during M&A operations and could set a precedent […]
Business
October 10, 2024
Another Nevada Regulator Greenlights Sega Sammy’s Takeover of GAN
GAN Limited, a leading B2B provider of online gambling solutions and B2C sportsbook operator has confirmed that its merger with Sega Sammy has inched closer to realization. According to the gambling company it has finally secured a license from the Nevada gaming regulator, allowing the deal to move forward. The Deal Moves Forward Sega Sammy […]
Business
September 12, 2024
Sega Sammy’s Acquisition of GAN Limited Approved by Nevada Regulator
The Nevada Gaming Control Board has given its first nod to Sega Sammy Creation’s buyout of GAN Limited, a big name in North American B2B online gaming. Sega Sammy’s $107.6 Million GAN Purchase to Go Before Nevada Gaming Commission The deal, which came to light in December 2023, will now go to the Nevada Gaming […]
Business
July 26, 2024
Sega Sammy to Acquire Stakelogic and Expand Its Gaming Presence
Sega Sammy Holdings has announced its acquisition of Stakelogic, a leading Netherlands-based developer of gaming content. Through a definitive agreement between subsidiary SEGA SAMMY CREATION (SSC) and Stakelogic, the B2B supplier will join the Sega Sammy family. Sega Sammy Is Bullish on iGaming Subject to various regulatory approvals and the satisfaction of customary conditions, the […]
Business
February 16, 2024
GAN Names Seamus McGill Permanent CEO amid Merger Talks
GAN, a major B2B technology provider of gaming solutions, decided to put its interim CEO, Seamus McGill, at the helm of the company, this time permanently. As the company’s new CEO, McGill will be tasked with overseeing the looming merger with Sega Sammy. McGill was named interim CEO in September 2023, succeeding Dermot Smurfit who […]
Business
February 14, 2024
GAN Shareholders Give the Thumbs Up to Sega Sammy Merger
Most GAN shareholders have approved the company’s looming acquisition by Sega Sammy. The deal, originally announced in August, will see the company’s B2B and B2C iGaming business acquired by the Japanese gaming powerhouse. As it turns out, 95% of the company’s shareholders support the merger. For reference, the latest shareholder meeting was attended by people […]
Business
November 8, 2023
SEGA SAMMY CREATION to Acquire GAN Limited
SEGA SAMMY HOLDINGS INC. and its subsidiary SEGA SAMMY CREATION INC. (SSC) have announced they will enter a definitive and amicable agreement to acquire Nasdaq-listed GAN Limited. The Acquisition, to Close by Q3 Ending in March 2025 SEGA SAMMY’s investment strategy through the fiscal year ending March 31, 2026, includes investing up to ¥250 billion […]
