The Tasmanian government has been forced to delay its renewed attempts to sell Tote Tasmania after the Tasmanian Greens party made a unanimous decision to adjourn debate on legislation that would block the government from selling the state-owned betting operator.
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Mobile gambling specialist Probability plc and UK bookmaker William Hill have been granted more time to reach a potential takeover agreement, with shares in William Hill rising on the news to a new 52-week high.
Despite the revocation of its gaming licence by the Alderney Gambling Control Commission (AGCC) last week, Full Tilt Poker said Friday that France’s Groupe Bernard Tapie has signed an exclusive agreement to acquire the company and all of its associated assets, subject to a favourable resolution with the U.S Department of Justice.
Online gaming operator Sportingbet plc has agreed to the disposal of its Turkish language website for a minimum consideration of €142.5m to Netherland Antilles-based East Pioneer Corporation B.V, a newly incorporated company owned by Sigma Corporate Management, with support services for the future operation of the website to be provided by GVC Holdings.
Insolvency administrator Josef Cupka has confirmed the sale of Czech lottery operator Sazka to Sázková Kancelář a.s, a joint tender bid from the company’s main creditors PPF and KKCG, with a winning offer of CZK3.81bn (€155.1m).
Sportingbet has made a move into the soon-to-be liberalised Danish online gaming market following the acquisition of Danish bookmakers Danbook Limited and Scandic Bookmakers Limited for a combined £8.5m.
Scientific Games Corporation has completed the acquisition of European gaming content and machines business Barcrest Group Limited from International Game Technology (IGT).
Shares in Sportingbet plc have slumped more than 20 per cent in London this afternoon after the company confirmed that highly preliminary discussions regarding a potential acquisition of the company by Ladbrokes have been terminated.
Following a number of changes to the Takeover Code which took effect this morning, mobile gambling specialist Probability plc has confirmed that it is in preliminary discussions with bookmaker William Hill over a potential acquisition of the company, while Ladbrokes has until October 17th to make an offer for online gaming operator Sportingbet.
Prague’s Municipal Court has dismissed a motion to annul the sale tender for Czech lottery operator Sazka, confirming the sale of the company to Sázková Kancelář a.s, a joint tender bid from the company’s main creditors PPF and KKCG.
UK-based games developer Betlow Ltd has been acquired by Core Gaming, a content development company recently established by former Games Media executive Steven Murray.