Posts From: March 2021

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
Tabcorp shares surge on back of potential sale

Australian betting giant Tabcorp said Tuesday it had received multiple proposals for a potential sale of its wagering and media business. Tabcorp was forced to raise $600 million last August...

M&A
Entain shares plunge after MGM walks away from £8bn offer

MGM have scrapped plans to buy Entain, saying it does not intend to submit a revised proposal for the business that snubbed an £8 billion takeover approach earlier this month. Entain...

M&A
Enlabs shareholders to reject Entain bid

A major Enlabs shareholder said Monday that a group of investors holding a combined 10.7% in the company have indicated they will reject Entain’s bid for the company. Alta Fox...

M&A
MGM to get $1 billion IAC support package for Entain bid

Billionaire Barry Diller’s InterActiveCorp, the largest shareholder in MGM Resorts International, supports the casino operator’s $11 billion takeover approach Entain Plc, the U.S. company said on Friday. MGM said a...

M&A