M&A news sponsored by Playtech

 

B2B daily fantasy sports (DFS) software supplier iTEAM Network has acquired the insolvent FantasyUp.com site, with the brand to be relaunched on the iTEAM platform and all money owed to existing players paid out.

The fight to acquire Casinos Austria has taken a new turn with Austrian Gaming Holding (AGH), the consortium comprising Czech investment firms KKCG and Emma Capital, moving to acquire a controlling stake in the business.

Amaya has seen its share price rise by almost a third today after chief executive David Baazov announced that he may bid to acquire the business outright, with the company establishing a special committee to review this and any other proposal to take over the business.