Business
June 7, 2022
Skywind Expands UK Presence via Intouch Games Acquisition
The premium content provider for the iGaming industry, Skywind Group, announced Tuesday that it completed the acquisition of Intouch Games Group, the award-winning technology company. Skywind Finalizes Intouch Games Group Acquisition Founded in 2012 by a group of industry veterans, Skywind Group offers high-performance iGaming solutions and content for key regulated markets around the world […]
Industry
May 31, 2022
Tabcorp Announces Senior Management Team Changes
Tabcorp has announced several senior management team changes ahead of its demerger in which its lottery operations will be separated from gaming, wagering and media services. All of the changes were set out in the Demerger Booklet and the demerger is expected to finalize on June 1. Some Employees Will Be Transferred to The Lottery […]
Casino
May 31, 2022
Oceanus Acquisition May Be SJM’s Last Satellite Casino
The courtship between Macau concessionaires and satellite casinos has most likely come to an end. The best example of that is SJM Holdings which, following its acquisition of Oceanus, will most likely not be looking to buy any additional satellite casinos moving forward, at least according to JP Morgan. SJM Holdings Unlikely to Buy More […]
Casino
May 31, 2022
Lady Luck Acquires Games Studio ReelNRG in $850,000 Deal
A recently completed acquisition deal saw LL Lucky Games, the parent company of Lady Luck, acquire London-based games studio ReelNRG. The purchase price consists of 2.5 million newly issued shares worth SEK 3.3 each and totals $850,000. The Acquisition to Provide Lady Luck with Additional Products and Increased Market Reach Calvin Kent, CEO of ReelNRG, […]
Business
May 30, 2022
Kambi Presents Enticing Risk-Reward for Acquisition
A Norwegian hedge fund is propping up sports betting technology supplier Kambi as a potential target for acquisition speculating that a number of companies could very well become bidders. MGM as Part of LeoVegas’ Expansion Alinea Capital Management, a long-biased hedge fund solely focused on companies from the gaming and iGaming sectors and managing a […]
Casino
May 30, 2022
NeoGames Completes Its Offer to Acquire Aspire Global
NeoGames S.A., a prominent online lottery provider, announced on January 17 2022 that it had made an acquisition offer to Aspire Global plc, a Malta-based business-to-business (B2B) provider of iGaming solutions for the online gaming market. Aspire Global shareholders who accept the deal will receive a combination of cash and newly issued shares in NeoGames. […]
Industry
May 20, 2022
Catena Media Launches Strategic Review, Considers Asset Sales
Gambling affiliate operator Catena Media published a press release today to signify that third-party interests to acquire certain Catena Media assets triggered a strategic review of the business. Sales of Assets Effect Evaluation In the official statement, Catena Media outlined the board’s commitment to continuously evaluate any strategic initiatives for the company, including “potential transactions, […]
Industry
May 20, 2022
Tabcorp’s Lottery & Keno Demerger Greenlit by Court
At the end of March, Australia’s lottery operator Tabcorp announced its lottery and keno demerger will be subject to a shareholder’s vote. On May 12, its shareholders showed overwhelming support for the proposal, with close to 99% of all votes expressed during the general meeting favoring the demerger, around 0.17% of votes going against it, […]
Industry
May 20, 2022
Crown Investors Approve Blackstone’s Takeover Bid
As Blackstone prepares to acquire Crown Resorts, the casino company inquired about its investors’ opinion on the deal. As it turns out, most of them support the takeover. Crown’s Shareholders Approve the Scheme Blackstone, an American investment management company, announced its intentions to acquire Crown Resorts. The Australia Foreign Investment Review Board reviewed the deal […]
Business
May 12, 2022
Banijay and Betclic Everest to Enter Euronext Amsterdam via SPAC Merger
Two years after Stéphane Courbit’s TV production powerhouse behind Peaky Blinders and Survivor Banijay acquired Endemol Shine for €2.2 billion ($2.28 million), the company is ready to enter Amsterdam’s stock exchange. This will occur with the help of a freshly created special purpose acquisition company (SPAC) called FL Entertainment. FL Entertainment Will Bring Together Banijay […]
