Business
February 13, 2023
Stram Entertainment Is Ready to Acquire FansUnite Entertainment’s Affiliate Brand
As announced by FansUnite Entertainment Inc, BestOdds.com’s operator Stram Entertainment has signed a strategic deal to acquire BetPrep. The decision was made as a result of FansUnite’s strategy to optimize its operations, focus on profit, and accelerate its revenue growth. The international entertainment and sports company that offers technology for regulated online gaming had previously expressed […]
Casino
February 9, 2023
Wind Creek Hospitality Expands in Florida by Acquiring Magic City Casino
The announcement has come after the Florida Gaming Control Commission has given the green light for the transfer of all assets and gaming licenses held by the casino’s current owners to the authority of the Poarch Band of Creek Indians. The latter is the only Indian Tribe in Alabama recognized by the federal authorities. More Expansion […]
Legal
February 8, 2023
US SPAC Firm Starts Legal Action against Okada Manila
The lawsuit was filed on February 2 in the Delaware Court of Chancery and calls for the prompt consummation of the merger, which was initially agreed upon in October 2021. Universal Entertainment to Review Lawsuit Amidst Merger Extension The ultimate parent company of Okada Manila, Japan’s Universal Entertainment Corp, has stated that they will carefully […]
Business
February 7, 2023
Super Group Confirms Plans to Sell DGC’s Non-core B2B Division
On Monday, Super Group confirmed the proposed sale of DGC’s non-core B2B division to the leading provider of content for the iGaming industry that has a growing portfolio of more than 200 partners around the world, Games Global. It was only recently that Super Group expanded its global presence by acquiring DGC. As a result, […]
Lottery
February 6, 2023
Camelot’s Acquisition Completion Ensued Board and Team Changes
UK’s National Lottery operator, Camelot UK Lotteries Limited, announced this weekend the end of its ongoing acquisition by the winner of the fourth National Lottery license in the country, Allwyn Group. Transaction Completed The completion of the transaction with Allwyn brought together two leading lottery operators ahead of the start of the next National Lottery […]
Business
January 31, 2023
GiG Acquires AskGamblers.com via Share Purchase by Innovation Labs
Last December, the leading technology company in the iGaming industry sealed the historical acquisition deal with Catena Media Plc. Now, Gaming Innovation Group (GiG) has announced the completion of the acquisition process for casino affiliate sites Askgamblers.com, Johnslots.com and Newcasinos.com along with a series of smaller domains from Catena Media Plc. The Transaction, Completed Via a […]
Industry
January 27, 2023
Trustly Completes Ecospend Acqusition
Trustly, a global payment platform for digital account-to-account (A2A) transactions has unveiled the completion of its acquisition of Ecospend, a British open banking payments platform. This move was officially greenlit by the Financial Conduct Authority. Trustly Acquired Ecospend Following Approval from the FCA Following the M&A deal, Trustly and Ecospend will together form the leading […]
Business
January 24, 2023
Aristocrat Poised for Strategic M&A Deals According to Fitch Ratings
Fitch Ratings has recently evaluated the creditworthiness of Aristocrat Leisure, affirming their Long-Term Issuer Default Rating at “BBB-“. The outlook on the rating is stable. Sound Balance Sheet Will Enable Aristocrat to Pursue M&A Deals The positive assessment is based on Aristocrat’s strong business profile as a global gaming supplier and low gross leverage. The […]
Industry
January 20, 2023
Fanatics in Discussions to Acquire the BetParx Sportsbook
US sports merchandise and commerce brand, Fanatics, is reportedly in discussions to acquire BetParx as it is seeking ways to establish a presence in sports betting. Discussions Ongoing According to the information provided by unnamed sources, Fanatics signed a letter of intent to buy the BetParx sportsbook but a price is yet to be determined […]
Industry
January 12, 2023
Golden Matrix to Acquire MeridianBet Group for $300M
Developer of gaming technology and content Golden Matrix entered into a definitive agreement to acquire MeridianBet Group for a total consideration of $300 million payable in a combination of cash and stock. ‘Highly Scalable B2C Vertical in New Markets’ The acquisition of Estonia-based MeridianBet Group and its related companies will give Golden Matrix access to […]