Posts From: March 2021

Bally’s completes acquisition of Monkey Knife Fight

Bally’s Corporation has completed the previously announced acquisition of Monkey Knife Fight the third-largest daily fantasy sports operator in North America. The acquisition makes Bally’s only the third sports betting company in the...

M&A
Element Partners raises takeover offer for WPT

Element Partners submitted a revised bid for Allied Esports, World Poker Tour assets increasing the overall purchase price from $68.25 million to $90.5 million. Allied’s board of directors unanimously approved the revised...

M&A
Enlabs minority shareholders told to accept Entain takeover offer

Entain through its wholly-owned subsidiary Bwin Holdings (Malta) Limited has announced a public cash offer to the shareholders of Enlabs AB to tender all their Enlabs shares to Entain. On...

M&A
Allied Esports board set to recommend revised takeover bid by Bally

Allied Esports Entertainment said it has determined that a revised proposal from Bally’s Corp, constitutes a superior proposal under the company’s pending stock purchase agreement with Element Partners. As per...

M&A
Caledonia offloads Buzz Bingo for ‘Nominal’ amount

Caledonia Investments has sold its shareholding in Buzz Bingo to Intermediate Capital Group for a nominal amount.  The Covid-19 crisis and the severe restrictions imposed by the Government on leisure...

M&A
PointsBet buys Banach to bolster US business

PointsBet Holdings Irish subsidiary, Lockspell, has entered into a binding share purchase agreement to acquire Banach Technology. PointsBet will acquire Banach for US$43m on a cash and debt free basis....

M&A
LeoVegas seals Expert Nordics acquisition

LeoVegas is acquiring Expekt Nordics Ltd and related assets from Betclic Group. Expekt is one of the most well-known sports betting brands in Sweden and the Nordic countries. The total...

M&A
Entain receives approval for Enlabs takeover

Entain has received necessary regulatory approvals regarding the recommended public cash offer to the shareholders of Enlabs On 7 January 2021, Entain announced a public cash offer to the shareholders...

M&A
Spiffbet to acquire Manisol Gaming in SEK30m deal

Spiffbet has signed a letter of intent with the owners of Manisol Gaming regarding the acquisition of the company.  The ambition is to complete the acquisition during February 2021. The...

M&A
Bally’s bolster acquisition drive with SportCaller

Bally’s Corporation has acquired SportCaller, one of the leading B2B free-to-play (F2P) game providers for sports betting and media companies across North America, the UK, Europe, Asia, Australia, LATAM and...

M&A