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Better Collective acquires UK affiliate Atemi for £40m

Stockholm-listed sports betting affiliate Better Collective has completed the acquisition of London-based lead generation specialist Atemi Group for £40m.

Better Collective described the deal as a “major strategic move” that will provide additional channels to source high intent customers at a large scale.

Better Collective will pay an initial £32.5m to [...]

1 min read
William Hill

Caesars Entertainment and William Hill agree £2.9bn acquisition

Caesars Entertainment and William Hill have agreed the terms of Caesars proposed £2.9bn acquisition of William Hill.

The companies said Wednesday that the historic acquisition would bring together Caesars as one of the largest gaming-entertainment companies in the US and one of the world's most diversified gaming entertainment provisions, and William [...]

4 mins read
Caesars Entertainment

Caesars Entertainment steps up bid to acquire control of William Hill

Caesars Entertainment has advised its joint venture partner and sportsbook supplier William Hill that it risks losing its US online market access deals and rights to operate sportsbooks at Caesars properties if it is acquired by Apollo Global Management.

William Hill confirmed Friday that both Apollo Global Management and Caesars Entertainment [...]

1 min read
William Hill

William Hill shares soar as takeover interest confirmed

Shares in London-listed bookmaker William Hill were surging upwards Friday after the company confirmed that it has received separate cash proposals from Apollo Management International and Caesars Entertainment to acquire the company.

The company’s shares climbed over 37 per cent after it confirmed the long running rumours, although it warned there [...]

1 min read

Tabcorp sells Jumbo Interactive stake for AUD$98m

Sydney-listed betting and gaming operator Tabcorp Holdings has sold its 11.6 per cent stake in online lottery provider Jumbo Interactive for a profit of AUD$69m.

Pursuant to an underwritten block trade agreement with UBS, Tabcorp has sold 7,234,178 shares in Jumbo at a price of $13.52 per share, equivalent to gross [...]

1 min read

UK competition authority to investigate Evolution-NetEnt merger

The UK’s Competition and Markets Authority (CMA) has opened an inquiry into the proposed merger of online gaming suppliers Evolution Gaming and NetEnt and its impact on competition.

The Stockholm-listed duo announced the proposed merger in June to create a market leader in the global online gaming industry by combining Evolution's [...]

1 min read

Enlabs makes mandatory takeover offer for Global Gaming 555

Stockholm-listed gaming operator Enlabs has made a mandatory offer to acquire full control of Global Gaming 555 at a price of SEK11 per share.

Enlabs has built its shareholding in Global Gaming 555 to 66.7 per cent this year, leading to Monday’s mandatory offer under market takeover rules, with the company [...]

1 min read
Aspire Global

Aspire Global expands into sports betting with BtoBet acquisition

Stockholm-listed iGaming solutions provider Aspire Global is expanding into sports betting through the acquisition of sportsbook provider BtoBet.

Aspire Global has agreed a deal to acquire all shares in BtoBet for a cash consideration of €20m and a performance related earnout of seven times Btobet's EBIT in the second year from [...]

3 mins read

Enlabs acquires majority stake in white label operator Shogun Group

Stockholm-listed gaming operator Enlabs has acquired a majority stake in newly established Malta-based operator Shogun Group.

Enlabs confirmed Tuesday that it has acquired a 66.5 per cent stake in Shogun, which currently operates through a third-party gaming platform under a Maltese license.

The company will initially pay €664,000 for the majority stake, [...]

1 min read
Scientific Games

Scientific Games confirms 34.9% stake sale to institutional investors

New York-listed Scientific Games has confirmed that a number of long-term institutional investors have reached an agreement to acquire a 34.9 per cent stake in Scientific Games from MacAndrews & Forbes Incorporated.

As previously reported by Gaming Intelligence, the institutional investors include gaming industry investor Caledonia, with the 34.9 per cent [...]

5 mins read
Scientific Games

Ron Perelman set to dispose of stake in Scientific Games

Ron Perelman, the chairman and principal shareholder of Scientific Games, is said to have lined up a deal to sell his 39 per cent stake in the business to Australian investment firm Caledonia.

Caledonia is said to have agreed a price of $25 per share for the stake in the global [...]

1 min read

Monkey Knife Fight acquires US fantasy sports rival FantasyDraft

US fantasy sports operator Monkey Knife Fight (MKF) has acquired rival daily fantasy sports site FantasyDraft for an undisclosed amount.

In a move meant to close the gap on market leaders DraftKings and FanDuel, MKF will absorb FantasyDraft's assets and significant user base into its own operations.

Based in North Carolina, FantasyDraft [...]

1 min read
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