Business
December 23, 2021
Scientific Games Withdrew Offer for SciPlay Remaining Equity
Gaming technology and services provider Scientific Games (SG) announced this week that it would no longer pursue to acquire the remaining equity interest in SciPlay. SciPlay Offer Rescinded SG decided to reverse its previous decision to acquire the remaining 19% equity interest in SciPlay. According to the bid tabled in July, SG offered each shareholder […]
Business
December 23, 2021
Flutter Agrees to Acquire Sisal for $2.2 Billion, Continues Its Expansion
Flutter Entertainment has agreed to set terms to buy Sisal, an Italian gaming operator, for a price tag of $2.2 billion. As a statement released today details, Flutter will purchase the company, which is owned by CVC Capital Partners Fund VI in an all-cash deal, set to be finalized in Q2 2022. Flutter Had a […]
Business
December 23, 2021
Melco Brings in Hotel Heavyweight Marriott to Help with Studio City Project
Even as Macau’s gaming future has a certain air of uncertainty surrounding it, casino operators continue to push forward as if everything is normal. In some cases, it’s obligatory. Melco Resorts International already has a lot of money invested in its Studio City property and will see it through to the end. To help support […]
Business
December 22, 2021
Intelitics Inks Strategic Partnership with Flows for North American Market
Leading performance marketing and analytics provider, Intelitics, announced on Wednesday that it joined forces with the innovative platform that enables individuals and companies to build without code, Flows. The new strategic partnership for the North American and other global markets aims at boosting the value for customers. Innovative Platform Flows Join Forces with Intelitics As […]
Business
December 22, 2021
GiG to Acquire Sportnco with New Stock and SkyCity Cash
Gaming Innovation Group (GiG) announced today it entered into a complex agreement including a share purchase agreement to acquire iGaming company Sportnco Gaming SAS and a directed share issue investment with SkyCity Entertainment Group. Share Purchase Agreement The share purchase agreement for Sportnco’s acquisition, a provider of turnkey betting and gaming solutions, has an initial […]
Business
December 22, 2021
Continuing US Expansion, Leadstar Secures Virginia License
Swedish-based sports betting and online gambling affiliate company, Leadstar Media, announced Tuesday that it received a license in Virginia. The company received an affiliate license to operate in the Old Dominion and consequently launched four websites that are focused on sports betting. Leadstar Media Is Now Licensed in Virginia Legalized in April 2020, Virginia launched […]
Business
December 22, 2021
Aristocrat, Playtech Concerned Over Asian Playtech Investors
As far as acquisitions go, Aristocrat’s purchase of Playtech has been run of the mill. There has been back-and-forth over price and even a few unexpected bids appearing. None of that was enough to cause the deal to lose focus. However, the sudden interest in Playtech stock out of Asia has both companies raising a […]
Business
December 22, 2021
Wynn Macau to Break Off Marriage with Junkets
Earlier this year, Wynn Resorts announced that it was likely going to put some distance between its Wynn Macau arm and junket operators. Following the drama surrounding Suncity Group over the past month, the casino operator is ready to fulfill that statement. Junket Ops Dying in Macau Linda Chen, the vice-chairman and chief operating officer […]
Business
December 22, 2021
Royal Caribbean Kicks Smoking Out of Cruise Ships’ Casinos
Royal Caribbean is hoping it can avoid further losses at the hands of COVID-19. In an effort to ensure masks are worn at all times on its ships, the company is implementing a no-smoking policy on its casino floors for all of its vessels. The new rule will come into effect in January. The Smoking […]
Business
December 21, 2021
Voxbet Funding Round Attracted Waterhouse and Tekkorp Capital
Investor interest in sports betting technology companies continues to be high after the strategic funding round at voice-to-text software developer Voxbet saw prominent names like Tom Waterhouse and Matt Davey participate. ‘Their Credentials Leapt off the Page’ Voxbet’s funding round attracted a group of international investors, including Waterhouse VC investment fund’s chief information officer Tom […]