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M&A News

Czech investment group blocked from increasing Casinos Austria stake

A consortium of Czech investors has suffered a major setback in its bid to secure a majority stake in Casinos Austria after the operator’s board unanimously rejected an attempt to increase its holding in the business.

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Playtech

Playtech’s Ava Trade acquisition opposed by leading Irish bank

Playtech’s purchase of CFD provider Ava Trade has run into difficulties after the Central Bank of Ireland's (CBI) announced its opposition to the acquisition.

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mybet sells payment processing business for €3m

German gaming operator mybet Holding has sold off its Malta-licensed payment processor subsidiary C4U-Malta Ltd to an unnamed company active in the financial services industry for €3m.

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Change of ownership for Genting Alderney after £7.2m acquisition

Genting Alderney and Genting UK, the leading land-based casino operator in the UK, are expected to be streamlined as an integrated online, mobile and retail gaming business under the ownership of Malaysia-listed Genting Malaysia Berhad.

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Unibet completes Stan James Online acquisition

Stockholm-listed online gaming operator Unibet has completed the acquisition of Gibraltar-based operator Stan James Online for £19m.

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Imperus shares slump after closing date for Akamon deal is extended

Imperus Technologies Corporation has pushed back the deadline by which it has to finalise its proposed acquisition of Latin America-facing social casino operator Akamon Entertainment Millenium, with its share price dropping almost 30 per cent as a result.

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FanDuel enters fantasy eSports market with AlphaDraft acquisition

Leading daily fantasy sports operator FanDuel has entered the rapidly growing fantasy eSports market through the acquisition of AlphaDraft.

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NOVOMATIC strengthens UK presence with Playnation acquisition

Austrian gaming giant NOVOMATIC has acquired UK-based Playnation, just two years after the amusement machines operator underwent a management buyout.

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Playtech

Regulatory delays push back completion of Playtech’s Plus500 deal

Playtech has admitted that it may not be able to complete its acquisition of London-listed CFD provider Plus500 until November as it looks to secure the necessary regulatory approvals.

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Unibet completes €59m acquisition of iGame

Sweden’s Unibet has completed the €59m acquisition of gaming operator iGame Holding, owner of the Nordic-facing iGame and Casinohuone brands.

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Zynga acquires former social slots chief’s Rising Tide Games studio

Zynga’s drive to grow and diversify its Casino franchise has continued with the acquisition of Rising Tide Games, a social casino studio co-founded by the company’s former social slots chief Maytal Olsha.

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Czech investment firms acquire 11% stake in Casinos Austria

The investment firms behind Greek gaming operator OPAP and Czech operator SAZKA have acquired an 11.34 per cent stake in Casinos Austria.

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