M&A news sponsored by Playtech

 

U.S racetrack operator Churchill Downs Inc (CDI) has signed a new joint venture agreement with Delaware North Companies Gaming & Entertainment, under which the two companies will acquire Ohio-based racing track Lebanon Raceway and develop a new video lottery terminal (VLT) facility.

Experian has completed the acquisition of leading UK-based online identity verification business, 192business Limited, following a decision by the Office of Fair Trading not to refer the deal to the Competition Commission.

Astra Games Limited, a UK-based wholly owned subsidiary of Austrian gaming giant Novomatic, confirmed Thursday that the company is in discussions with Danoptra to acquire certain key assets including Bell Fruit Games, Gamestec, Mazooma Interactive Games and RLMS, as it looks to create a leading presence in the UK gaming market.

Sweden’s Unibet Group plc has completed the acquisition of Australian independent bookmaker Betchoice, following approval from the Northern Territory Racing Commission.

U.S racetrack operator Churchill Downs Inc (CDI) has acquired Bluff Media, owner of the poker periodical Bluff Magazine and online poker database ThePokerDB, as part of the company’s strategy to explore new business avenues ahead of any potential liberalisation of the U.S online poker market.

Italian gaming operator SNAI has withdrawn from its proposed €140m acquisition of rival Cogetech following the recent Corte dei Conti ruling against the two companies and seven other video lottery terminal (VLT) concession holders.

Sweden’s Unibet Group plc has made its first move into the regulated Australian online sports betting market through the acquisition of independent bookmaker Betchoice for an initial AUD$20m.

Sweden’s Cherryföretagen AB has taken over the full ownership of its Mediterranean maritime gaming subsidiary Cherry Services Ltd (Cyprus), following the resignation of the company’s CEO and co-owner Joseph Vasquez Jr.

Having ended a three year losing streak with a return to profit in the second quarter of 2011, online casino games supplier CryptoLogic looks set to continue its resurgence as a part of Amaya Gaming Group.

Sportingbet plc has completed the acquisitions of Danish bookmakers Danbook Limited and Scandic Bookmakers Limited following the satisfaction of conditions including the successful award of new Danish gambling licences and the launch of websites compliant with the new Danish regulations.