Mernov, Germany’s first licensed online slot games operator, has unveiled its new joint venture corporate structure.
Mernov will operate as a 50-50 joint venture between Gauselmann Group and Greentube, the interactive gaming division of Novomatic.
The joint venture, which secured Germany’s first online casino licence in May, operates two brands in the [...]
CRM marketing solutions provider Optimove is enhancing its player engagement platform with the acquisition of London-based real-time personalisation specialist Graphyte.
The acquisition is part of Optimove's investment in expanding its CRM marketing capabilities for the iGaming and sports betting sectors, and follows last September’s $75m investment in the company, and the [...]
Hong Kong-based investment firm TTB Partners has announced that it will not be making a bid to acquire London-listed iGaming supplier and operator Playtech.
The parties had been discussing a potential acquisition since last November, shortly after Playtech received a £2.7bn (680p per share) acquisition offer from Australian gaming supplier Aristocrat [...]
London-listed gaming technology provider Playtech has completed the sale of its Finalto financial trading division to Gopher Investments, with the company likely to receive up to $20m less from the sale than previously expected.
The final consideration of $250m is subject to an accounts adjustment of up to $25m in either [...]
London-listed betting and gaming operator 888 Holdings has completed the sale of its customer-facing and B2B bingo businesses for $45.25m.
Following an agreement last December, 888’s online bingo businesses have been sold to Broadway Gaming subsidiary Saphalata Holdings for $43.25m, with a further $2m unconditionally payable in one year.
888 has also [...]
Tallinn-based venture capital fund Yolo Investments has acquired a stake in newly established German slot developer Apparat Gaming.
The acquisition marks the first round of investment for Berlin-based Apparat Gaming, which was founded in 2020 and secured a licence from the Malta Gaming Authority last year.
“We’re always on the lookout for [...]
Betclic Everest Group owner FL Entertainment has begun a new era as a publicly listed company after completing its business combination with Pegasus Entrepreneurial Acquisition Company Europe.
Following an initial agreement in May, the business combination marks one of the largest of the year by a European-listed special purpose acquisition company [...]
London-listed betting and gaming operator 888 Holdings has completed its acquisition of William Hill’s non-US business from Caesars Entertainment.
Following completion, 888 has confirmed its new executive leadership team, with William Hill’s former CEO Ulrik Bengtsson and chief financial operator Eric Hageman leaving the group.
The enlarged 888 group will continue to [...]
New York-listed gaming supplier Light and Wonder has agreed to reduce the price of its OpenBet sports betting business in order to complete the proposed sale to Endeavor Group’s IMG Arena.
IMG Arena agreed a deal in September to acquire OpenBet for $1.2bn, comprised of $1.0bn in cash and $200m in [...]
The NFL Players Association (NFLPA) has acquired a stake in California-based real-time performance data specialist Sports Data Labs.
Alongside the ownership stake, the NFLPA has agreed a landmark partnership to revolutionize monetization opportunities for NFL players through the collection and use of their performance data.
This will see SD Labs collect and [...]
New York-listed gaming operator Bally's Corporation has agreed a deal to sell the real property assets of its two Rhode Island casino properties to Gaming and Leisure Properties (GLPI) for $1bn.
GLPI has entered into a binding term sheet to acquire the real property assets of Bally's Twin River Lincoln Casino [...]
British bookmaker Betfred has acquired a majority stake in South African online lottery betting operator LottoStar.
The agreement expands Betfred’s presence in South Africa, where it currently operates 53 retail betting shops and a growing online business following the recent acquisitions of Betting World and Sepels Sportsbet.
“We are delighted to partner [...]