M&A news sponsored by Playtech

 

The board of directors of Fortuna Entertainment Group has decided not to exercise a call option to acquire the shares of Fortuna HR (Croatia) from Equinox Investments B.V, a part of Penta Investment Group, freeing the investment company to sell the holding to an as yet unnamed third party.

Increasing its presence in the Italian gaming market, Spanish gaming group Codere has acquired a 75 per cent stake in gaming machine operator Gaming Service Srl.

PopCap Games, the developer of popular skill-based games such as Bejeweled and Plants vs. Zombies, is to be acquired by U.S video games publisher Electronic Arts Inc in an estimated $750m deal.

bwin.party digital entertainment said Friday that it will merge its bwin France online gaming business with Sajoo.fr, the joint venture between bwin and French media group Amaury Group.

International Game Technology IGT) said Tuesday that it now controls 97.6 per cent of the shares and 98.2 per cent of the votes in Entraction Holding AB and has decided not to further extend the acceptance period for its offer to acquire the company.

Targeting the growing mobile applications business, Las Vegas-based Bally Technologies Inc. has acquired MacroView Labs, a developer of mobile applications and platforms, with the company looking to introduce play-for-fun technologies to its casino customers.

Sweden’s Betsson AB has completed the acquisition of Malta-based online gaming operator Betsafe for an initial consideration of approximately €32.5m, following the receipt of necessary regulatory approvals.

Swedish online gaming operator Redbet Holding AB has acquired Heypoker.com, a gaming site aimed at the Scandinavian and Eastern Europe, from 360 Holding AB for an undisclosed amount.

The Heartland Poker Tour (HPT), a U.S-based series of televised poker tournaments, has been acquired by Federated Sports + Gaming (FS+G), the company formed last year by former president and commissioner of the World Series of Poker Jeffrey Pollack and three senior executives of U.S online wagering service Youbet.com.

Canada’s Amaya Gaming Group has completed the acquisition of online casino developer Chartwell Technology Inc for a total consideration of CAD$22.8m, with shares in Chartwell expected to be de-listed from the Toronto Stock Exchange at the close of business on Monday.

The UK government said Friday that it has agreed the sale of the Horserace Totalisator Board (Tote) to independent bookmaker Betfred for £265m, with Betfred receiving an exclusive seven-year licence to operate pool betting at all UK racecourses.