Posts From: May 2021

Apollo Global Management increases bid for Tabcorp

Tabcorp said on Thursday Apollo’s revised proposal involves a possible acquisition of its wagering and media business along with its gaming services unit for a combined value of A$4 billion....

M&A
Genius Sports acquires free-to-play provider FanHub

Genius Sports has agreed to acquire FanHub Media a leading provider of free-to-play (F2P) games and fan engagement solutions. Deal terms were not disclosed. As part of the transaction, Genius...

M&A
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