Business
February 3, 2022
Playtech Acquisition Saga Continues with TTB Partners Approach
Less than 24 hours after the bid from Aristocrat had failed to receive the required Playtech shareholder support, another candidate to acquire the London-listed tech firm crept into the picture after a report in Sky News revealed an approach from TTB Partners. New Buyer Interest from Hong Kong TTB Partners, a boutique investment and advisory […]
Business
February 2, 2022
Playtech Shareholders Leave Aristocrat Empty-Handed
Playtech announced today the £2.1 billion ($2.85 billion) bid Australian slot manufacturer Aristocrat tabled in October last year failed to gather the required shareholder approval and has been terminated while the proposed acquisition scheme will now lapse. Vote Failed to Pass Threshold The majority of Playtech shareholders voted in favor of the proposal at the […]
Industry
February 1, 2022
Gambling.com Acquires BonusFinder.com to Boost NA Presence
The affiliate business is a greasy pole – you go up, you go down. Gambling.com Group has bucked the trend by establishing itself firmly on an upward trajectory and the latest acquisition of BonusFinder.com, a website that collects and reviews the information of thousands of casinos from all over the world, attests to Group’s unmatched […]
Business
January 28, 2022
Super Group and SEAH Close Merger, SGHC & SGHC WS Now Live
The operator of online betting and gaming brand Betway and multi-brand online casino Spin, Super Group (SGHC), is now live on the New York Stock Exchange (NYSE), following the announcement that its merger with Sports Entertainment Acquisition Corp (SEAH) is completed. Pursuing Global Growth Opportunities Super Group and special purpose acquisition company (SPAC) SEAH announced […]
Esports
January 28, 2022
Intema Solutions Details Livestream and Loot.Bet Acquisition
Intema Solutions has entered into a definitive share purchase agreement with Loot.Bet esports betting platform and brand owner Livestream. The deal is estimated at $14.8 million and will be paid in cash, new Intema common shares, and a secured vendor take-back note. This follows up on a letter of intent signed in May when Intema […]
Business
January 26, 2022
Bally’s Receives Takeover Offer 30% Greater than Its Valuation
Standard General must know something others don’t. The New York hedge fund has offered to purchase the shares it doesn’t already own of Bally’s Corp. at a $2.07-billion valuation. Standard General is managed by Soohyung Kim, Bally’s chairman. Bally’s Mulls Buyout Bid Standard General is the largest shareholder of Bally’s, holding 20% of the company. […]
Business
January 24, 2022
Eddie Jordan Calls Off Attempt at Playtech Purchase
Eddie Jordan, the former F1 team boss, is no longer interested in purchasing gaming software developer Playtech. Despite creating JKO Play with the hopes of making a play for the company, he has withdrawn his bid. The decision comes following apparent concern about being blocked by a group investment out of Asia. JKO Backs Down […]
Business
January 19, 2022
Dreams, Enjoy Merger Shapes New Industry Leader in Chile
Chile’s leading gambling operators Dreams S.A. and Enjoy S.A. have decided to come together in a historical merger that would propel the new company on top of all operators in the country. The agreement was officially announced on January 13, and it is still pending approval from regulatory bodies and shareholders. The number of shares […]
Business
January 18, 2022
NeoGames Plans to Purchase Aspire Global for $480M
NeoGames, a leading end-to-end iLottery provider, has announced that it made an offer to purchase 100% of Aspire Global’s shares. The current offer is $480 million. A statement by both companies reveals that the price per share is $38.01, the equivalent of SEK111. The Purchase to Complete in Cash and Equity The current offer by […]
Casino
January 14, 2022
Century Casinos Sells Calgary, Canada Property for $6.5 Million
Casino entertainment company Century Casinos announced that its subsidiary Century Resorts Alberta (CRA) entered into a definitive agreement to sell its Calgary property in a deal for some $6.5 million. Century Casinos Agrees to Sell Calgary Property Announced on Thursday this week, Century Casinos said that its subsidiary entered into a definitive agreement on January […]