Business
January 19, 2021
Genius Sports Files ISO Statement with SEC, Awaits $1.5 Billion Merger Approval
Genius Sports has filed an ISO statement with SEC to merge with dMY II and go public with its new holding company Galileo NewCo. Shareholders Have Approved the Merger Betting data supplier Genius Sports Group and special-purpose acquisition company dMY Technology Group II’s anticipated $1.5 billion merger agreement will form Galileo NewCo, a new holding […]
Business
January 19, 2021
MGM Resorts Would Not Table a Firm Takeover Bid for Entain
Las Vegas-based gaming and hospitality company MGM Resorts announced Tuesday it would not proceed with a firm bid for Entain PLC after having its latest proposal worth $11 billion rejected. All-Stock Bid Swiftly Rejected MGM Resorts offered an all-stock deal to Entain shareholders in which each share at the Isle of Man-registered gaming group would […]
Business
January 19, 2021
888 Cements Online Poker Position by Extending Caesars Deal
Gibraltar-based gambling group 888 Holdings announced Tuesday its existing exclusive poker partnership deal with US casino operator Caesars Entertainment was extended, to see the online gaming operator continue to power the digital poker platform of Caesars, including online poker rooms utilized by the World Series of Poker (WSOP) brand. Shared Poker Player Liquidity The multi-year […]
Business
January 19, 2021
Spiffbet Acquires Online Casinos Sir Jackpot and Live Lounge
Spiffbet has successfully acquired online casinos Sir Jackpot and Live Lounge from Livelounge Ltd. for kr 2.5 million. Spiffbet Acquires Live Lounge and Sir Jackpot Swedish Spiffbet has entered a KR 2.5 million ($299, 471) acquisition agreement with Livelounge Ltd, based in the British Virgin Islands. Through the deal, Spiffbet will acquire Livelounge’s online casinos […]
Business
January 19, 2021
Brent Hoberman to Advise Sazka on Its Bid for National Lottery
Sazka Group announced that it hired the services of Brent Hoberman. In his new position, the founder of Lastminute.com will provide counsel for the company on its bid for the National Lottery license in the U.K. Sazka Group Hires the Services of Brent Hoberman One of Europe’s fastest-growing lottery companies, Sazka Group, announced that it […]
Business
January 19, 2021
Imploding Trump Plaza for Charity Auction Cancelled
The charity event aiming at auctioning the rights to demolish Trump Plaza in Atlantic City and using the raised money to fund the Boys and Girls Club was canceled due to safety concerns. Speaking with the Associated Press, Trump Plaza’s owner Carl Icahn revealed that his philanthropic arm will be donating $175,000 to the Boys […]
Business
January 19, 2021
Innovative Online Slots Developer Stakelogic Signs a Massive Deal with Paf
The Nordic operator Paf signs a deal with the online slots developer Stakelogic. The partnership will bring players the chance to win big prizes and have a unique immersive experience with some of the most popular titles on the market. Paf Bring on Board Stakelogic’s Top Notch Content Stakelogic, an online slots developer signed a […]
Business
January 18, 2021
SG Unveiled Glen Saville as Senior Director, Global Trading
Gaming technology provider Scientific Games (SG) announced the appointment of Glen Saville as a senior director, global trading, based in Las Vegas. Saville will take the role from Benjie Cherniak and will be responsible for the company’s global trading business. “I’m thrilled to have joined Scientific Games and look forward to the exciting task ahead.” […]
Business
January 18, 2021
Alta Fox Capital Would Block Entain’s Bid for Enlabs
Entain’s £250 million bid for Baltic gaming operator Enlabs AB is on the verge of collapsing after a second large shareholder of the Stockholm-listed company vowed to block the deal, EGR reports. Alta Fox Capital Management, a hedge fund holding 3.34% stake in Enlabs stated it would reject the purchase at the proposed price. Bid […]
Business
January 18, 2021
Tech4Bet Joins iSoftBet’s Game Aggregation Platform
The Czech casino game developer Tech4Bet joined iSoftBet’s Game Aggregation Platform partners list. Under this partnership, Tech4Bet will benefit from expanding its content reach. Czech Gaming Developer Tech4Bet Joins iSoftBet’s GAP Partners List The leading online games supplier and content aggregator, iSoftBet announced today that it added Tech4Bet to its Game Aggregation Platform (GAP) partners […]