Posts From: April 2024

Entain’s shares rise on talk of sell-off

Private equity firm Apollo was said to be keeping a keen eye on the impending departure of Entain chairman Barry Gibson, a man who blocked two previous takeover attempts. According to the Times,...

M&A
Golden Matrix completes MeridianBet acquisition

Golden Matrix Group today announced the closing of the previously announced acquisition agreement, pursuant to which Golden Matrix acquired ownership of the MeridianBet Group and its related companies, in a...

M&A
Spreadex-Sporting Index merger to face investigation by competition watchdog

Last year, Spreadex acquired the ‘business to consumer’ arm of Sporting Index from Sporting Group Holding Limited (Sporting Group). Spreadex and Sporting Index provide both online fixed odds betting services...

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Fanatics completes PointsBet US acquisition

Fanatics Betting and Gaming (FBG), a subsidiary of Fanatics Holdings Inc., closed on the final state today, Illinois, in its previously announced acquisition of the U.S. businesses of PointsBet. PointsBet...

M&A
Gambling.com Group officially completes XLMedia asset sale

XLMedia has announced the completion of the sale of its Europe and Canada sports betting and gaming assets to Gambling.com Group Limited  on 1 April 2024 and confirms receipt of the initial cash installment of $20.0 million on...

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888 Holdings sells assets to Hard Rock in US exit

888 today announces the conclusion of its strategic review of US B2C operations. As a result of the review the Group has agreed the sale of selected assets to Hard...

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Penta weighing sale of Fortuna Entertainment Group

Penta Investments is weighing a possible sale of its betting and gaming operator Fortuna Entertainment Group, a spokesperson told Reuters. The investment group is working with JPMorgan to explore options for...

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Gambling.com Group in $42.5 million swoop for XLMedia

XLMedia a leading global digital media company that manages a portfolio of premium brands with an emphasis on Sports and Gaming in regulated markets, announces that it has entered into...

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Golden Matrix shareholders approve Meridianbet takeover

The Meridianbet Group, Southeast Europe’s leading Business-to-Consumer sports betting and gaming group, operating in multiple markets across Europe, Africa, and Latin America, is pleased to note that shareholders of Golden...

M&A
Bally’s shares surge as Standard General offers to buy remaining stake

Bally’s soared 25% after Standard General made a takeover offer for the remainder of the company it doesn’t already own for $15 a share.  On Monday, Standard General delivered a non-binding...

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