So megamergers are really all the rage. Following Amaya’s jaw dropping $4.9bn acquisition of PokerStars, we have GTECH’s $6.4bn purchase of IGT and Scientific Games’ $5.1bn acquisition of Bally Technologies to consider.
That comes to a total of $16.4bn. That is a lot of money. It seems bizarre to be sitting here considering the implications of three megamergers at a time when the company formerly known as the biggest in online gaming has been deserted by all and sundry to such an extent that even its last supporter is pontificating about the value to be gained from breaking up the company.
In spite of this, there is little doubt in some people’s minds that these deals are all potential game changers.
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