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Business
January 12, 2022
Flutter Completes Tombola Acquisition, Appoints Reilly as MD
The Irish bookmaking holding company Flutter Entertainment has finalized its acquisition of the British online bingo platform Tombola – a deal that was announced back in November. Following the agreement’s completion, Flutter appointed Ben Reilly, the commercial director of Paddy Power Sports, as the managing director of the newly acquired business. Flutter Completes Acquisition The […]
Business
December 6, 2021
Tombola to Make Dutch Affiliates Pay for Compliance Check
One online gaming company wants to ensure that it doesn’t have to pay for the actions of its affiliates as the Netherlands develops its online gaming market. Tombola will require affiliates to complete a compliance review. Forced Compliance Reviews Flutter Entertainment recently acquired Tombola, an online bingo site. All affiliates must undergo a compliance inspection […]
Business
November 18, 2021
Flutter Strengthens Bingo Portfolio with Tombola Acquisition
Flutter Entertainment is set to pay $542.90 million to acquire Tombola, a bingo gaming company that has been generating robust financial results over the past years. The owner of Paddy Power, Betfair, and FanDuel revealed the acquisition on Thursday, looking to secure another high-value asset to its portfolio. Flutter Acquires Bingo Company Tombola Flutter is confident […]