Posts From: April 2022

LL Lucky Games set to acquire ReelNRG

LL Lucky Games signs Letter of Intent (LOI) with the intention to acquire ReelNRG and thus add 46 new games and secure important licenses in the UK and Malta.  ReelNRG...

M&A
Light & Wonder completes sale of lottery business for $5.8bn

Scientific Games, doing business as Light & Wonder, and Brookfield Business Partners L.P. have completed the acquisition of Scientific Games’ global lottery services business. The transaction allows Scientific Games to...

M&A
Mitek acquires HooYu for £98m

Mitek, a digital identity (ID) verification and fraud prevention, has acquired UK KYC (know your customer) technology specialist, HooYu. “Our current geopolitical, commercial and technological environment represents a perfect storm...

M&A
Better Collective acquires Canada Sports Betting for €21.4m

Sports betting media group, Better Collective has  acquired the assets of  Canada Sports Betting, for a maximum purchase price of 21.4 mEUR (23.5 mUSD). Better Collective expects that the Canadian...

M&A
IGT offload Italian payment business for $700m

IGT Lottery S.p.A. has signed a definitive agreement to sell its Italian proximity payment business to PostePay S.p.A. – Patrimonio Destinato IMEL for €700 million. Under the agreement, IGT will be...

M&A
Entain bolsters North America portfolio with £174m Avid Gaming acquisition

Entain has acquired Avid Gaming for approximately £174m from Middlebrook Investments Limited. Avid Gaming owns Sports Interaction, Canada’s leading online sports betting brand. It is headquartered in Jersey (Channel Islands), with...

M&A
Bally’s selects takeover committee to evaluate $2bn takeover bid

Bally’s has formed a special committee of independent and disinterested directors that is authorized, among other things, to evaluate the preliminary, non-binding proposal, by Standard General to acquire all of...

M&A
Gambling.com Group acquires BonusFinder.com

Gambling.com has acquired NDC Media, publisher of BonusFinder.com and related assets, a high-growth, high-margin, pure-play performance marketing business focused primarily on the online gambling industry in North America.  The acquisition of BonusFinder supports Gambling.com Group’s overarching growth...

M&A
Bally’s stock soars on buyout offer from Standard General

Bally’s Corp saw its shares jump 25% after Standard General made a takeover offer. Standard General, which is already the largest stockholder of Bally’s, owning a more than 20% stake,...

M&A
NeoGames launches €420m bid to buy Aspire Global

NeoGames has made a bid to acquire Aspire Global Plc for approximately €420m. Aspire Global unanimously recommends the shareholders of Aspire Global to accept NeoGames offer of SEK111 per share....

M&A