Posts From: May 2021

Intralot offloads stake in Brazil business

Intralot has reached a binding agreement with SAGA in Brazil to sell its entire stake in Intralot Brasil representing 80% of the company’s voting capital. SAGA is the only other...

M&A
IGT completes sale of Italian gaming business

International Game Technology its wholly-owned subsidiary, IGT Lottery S.p.A, have completed the sale of 100% of the share capital of Lottomatica Videolot Rete S.p.A. and Lottomatica Scommesse S.r.l., the members...

M&A
PointsBet buys Premier Turf Club

PointsBet USA Inc has entered into a binding agreement to acquire Premier Turf Club, LLC, an active pari-mutuel Advance Deposit Wagering operator Premier Turf Club for US$2.9 million. The transaction...

M&A
Bally’s set to complete Gamesys merger

Bally’s Corp said its scheme of arrangement to buy Gamesys Group PLC will become effective in the fourth quarter of 2021. Bally’s said the scheme document for the 1,850 pence-per-share...

M&A
Genius Sports seals Second Spectrum acquisition

Genius Sports has entered into a definitive agreement to acquire Second Spectrum, a leading provider of cutting-edge data tracking and visualization solutions. The aggregate purchase price for the acquisition is...

M&A
Apollo Global Management increases bid for Tabcorp

Tabcorp said on Thursday Apollo’s revised proposal involves a possible acquisition of its wagering and media business along with its gaming services unit for a combined value of A$4 billion....

M&A
Genius Sports acquires free-to-play provider FanHub

Genius Sports has agreed to acquire FanHub Media a leading provider of free-to-play (F2P) games and fan engagement solutions. Deal terms were not disclosed. As part of the transaction, Genius...

M&A
Tabcorp shares jump amid Entain $3.5 billion takeover

Entain has offered to buy Tabcorp Holding’s wagering and media business for $3.5 billion the Australian betting firm said on Tuesday. The proposal by Entain is subject to due diligence, securing financing...

M&A