Posts From: April 2021

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
Caesars Entertainment completes £2.9 billion takeover of William Hill

Caesars Entertainment has completed its acquisition of William Hill for approximately £2.9 billion. The transaction gives Caesars ownership of one of the world’s leading betting and gambling companies and gives the company...

M&A
PointsBet completes acquisition of Banach Technology

PointsBet Holdings has completed the acquisition of Banach Technologies Limited. This acquisition will position PointsBet as a leader of in-play sports wagering in the United States, just as in-play wagering...

M&A
Betsson takes Strategic Investment in Strive

Betsson Perch Investments has acquired 35 percent of the shares in Strive Platform for a total amount of USD 6.5 million.  Upon launch in the US, planned for the second...

M&A
Betsson expands Latam footprint with JDP acquisition

Betsson Perch Investments has acquired 50 percent of the shares in the software development company JDP Tech Ltd, which owns a proprietary technology platform for handling of Latam payments. The...

M&A
Acroud acquires TheGamblingCabin

Acroud has acquired 100 percent of the shares in Swedishsantas AB also known as TheGamblingCabinfrom Swedishsantas Media AB. For a consideration of approximately SEK 47.3 million, on a cash- and...

M&A
XB Systems set to merge with Galaxy Group

XB Systems has released its first trading update, and announces that it has signed a Letter of Intent to merge with Galaxy Group Ltd. XB Systems AG, operating under the...

M&A
Bally’s and Gamesys Group strike merger deal

Bally’s Corporation and Gamesys Group have agreed on definitive terms by which Bally’s will combine with Gamesys, a leading, global, online gaming operator. Consistent with U.K. regulatory requirements, Bally’s arranged interim financing for the transaction...

M&A
Evolution acquire Big Time Gaming

Evolution has entered into an agreement to acquire online slot developer Big Time Gaming. Evolution Gaming Group is to to acquire the entire issued share capital of Big Time Gaming...

M&A
DraftKings acquires BlueRibbon Software

DraftKings has acquired Blue Ribbon Software, a Tel Aviv-based leading global jackpot and gamification companythat provides platform-agnostic, real-time gamification tools that allow for fully customizable jackpot promotions. DraftKings will now...

M&A