M&A news sponsored by Playtech

 

Greek gaming supplier INTRALOT has acquired a 35 per cent stake in its commercial and strategic partner Bit8, with an option to increase this to a majority 60 per cent stake within the next two years.

Austrian gaming giant NOVOMATIC has moved to acquire a stake of almost 30 per cent in Casinos Austria, the part state-owned gaming operator, just days after more than doubling its holding in the operator’s lotteries division Österreichischen Lotterien (ÖLG).

London-listed operator Gaming Realms has made a major push into the casual gaming market with the acquisition of a number of assets from online media distribution business RealNetworks, including its GameHouse and Slingo social casino development studios, for $18m.

GVC Holdings has made a substantially improved second offer to acquire bwin.party digital entertainment, which will be financed through a £150m equity placing of new GVC shares and a €400m senior secure loan provided by affiliates of US private equity firm Cerberus Capital Management.

Swedish gaming operator Betsson has completed the acquisition of Georgian online and land-based gaming operator Europe-Bet for a total maximum purchase price of US$85m.