Business
December 2, 2021
Aristocrat Acquisition of Playtech Still on Course to Complete in Q2, 2022
Australian gaming manufacturer Aristocrat Leisure Ltd. is closer to the acquisition of Playtech plc. Playtech has confirmed that the sale of its financial division, Finalto, will proceed as intended after shareholders gave their approval on Wednesday. The company is divesting the division to Gopher as it prepares to be acquired by Aristocrat. Finalto Sale Paves […]
Business
November 24, 2021
FansUnite Spearheads Into the US Market With American Affiliate Acquisition
Canadian betting-oriented sports and entertainment company FansUnite will spearhead into the US market through the strategic acquisition deal of the sports betting tech provider American Affiliate. The deal will see FansUnite pay American Affiliate about $58.2 million. Out of that total sum, $13.5 million will be paid in cash, $41.7 million in FansUnite shares and […]
Business
November 11, 2021
Entain Boss Says BetMGM Hindered DraftKings Takeover Bid
After weeks of speculation, some clarity has been brought in to why DraftKings’ bid for Entain fell through. According to Entain CEO Jette Nygaard-Andersen, the company was unable to facilitate a final arrangement because of the joint-venture it has helped establish with MGM Resorts in the United States. BetMGM Is the Apple of Discord in […]
Business
November 8, 2021
Gopher to Challenge Aristocrat Over Playtech Acquisition
Australian slot machine firm Aristocrat Leisure may have to bid for the acquisition of the London-listed gambling software group Playtech as Hong Kong-based Gopher Investments considers putting more money on the line. Gopher Challenges Aristocrat Playtech originally agreed to be acquired by Aristocrat in October when the Australian firm proposed a $3.64 billion deal. However, […]
Business
November 8, 2021
Delaware Park to Change Ownership as Rickman Family Exits
The Delaware Park is changing ownership after 38 years under the control of the Rickman family who saved it from financial ruin. The new owners, Clairvest Group Inc and Rubico Gaming LLC revealed the purchase on Friday, rounding up the week on a positive note. Rubico is a new subsidiary run by investor Thomas Benninger […]
Esports
October 19, 2021
Entain Completes Unikrn Acquisition, Readies to Launch Esports in 2022
Entain revealed its plans to secure esports wagering platform Unikrn in August this year, and has now followed up by completing the acquisition of the betting platform’s assets. Entain bought Unikrn in its entirety, bringing the website’s platform, technology and existing portfolio along with its 50-man team under the entertainment giant’s roof. Looking after the […]
Industry
October 5, 2021
Merger between Bally’s and Gamesys is Now Complete
Bally’s is on a trajectory to become one of the most competitive industry players as it now brings the Gamesys acquisition to the finish line. Bally’s Closes Gamesys Chapter On Monday, Bally‘s announced that all the regulatory and shareholder obligations had been completed, and with this, the acquisition of Gamesys into Bally’s can be considered […]
Industry
September 10, 2021
Catena Strengthens North American Exposure with i15 Media Acquisition
Catena Media plc has reached another land-mark deal in North America by purchasing i15 Media, a company with over 100 sites dedicated to sports betting, casino gaming and affiliates. The deal amounts to $45 million, of which $12.5 million will be paid in the form of Catena shares. Catena Continues to Notch up North American Assets […]
Business
September 2, 2021
Reworks Joins Playtika in a $600M Acquisition Agreement
In a rather curious business decision at first glance, Israel-based digital entertainment company Playtika announced this Monday that it is acquiring the owner of the home design game Redecor – the Finnish company Reworks. Playtika’s Eighth Acquisition Deal The deal envisions Playtika paying $400 million upfront for 80% of Reworks and an additional of up to $200 million based on the target’s […]
Business
August 24, 2021
Scientific Games Taps Sideplay to Boost Lottery Game Offer
Scientific Games is acquiring Sideplay Entertainment now pending regulatory approval as the company seeks to boost its iLottery products worldwide. SG Makes a Move on Sideplay for More Digital Lottery Games Scientific Games continues to build up its portfolio of iLottery options with the company now confirming the acquisition of Sideplay Entertainment. Sideplay is known for its […]