M&A news sponsored by Playtech

 

Stockholm-listed mobile gaming specialist LeoVegas has entered into an agreement to acquire rival operator Royal Panda for a maximum consideration of €120m.

London-listed gaming operator GVC Holdings has significantly reduced its grey market exposure with the sale of its Turkish-facing operations in a deal worth up to €150m.

Stockholm-listed performance marketing specialist Catena Media has set its sights on opportunities in the United States following the adoption of iGaming legislation in Pennsylvania, starting with the acquisition of online poker comparison site PokerScout.

The board of London-listed gaming supplier Sportech has elected to commence a formal sale process, having completed the initial stages of a strategic review of the business.