Posts From: April 2022

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
Nederlandse Loterij buy majority stake in Lotify

Nederlandse Loterij takes a majority stake in Lotify, a digital platform for organizing fundraising lotteries and giveaways. With this total solution, the Nederlandse Loterij facilitates its beneficiaries and other fundraising parties...

M&A