A consortium backed by the Czech investment firms that acquired the Greek government’s stake in OPAP has submitted a non-binding offer to take majority ownership of Austrian state-owned gaming operator Casinos Austria.
B2B fantasy sports software provider Global Gaming Network and entertainment producer Innovative Media Group have finalised a merger agreement, with the transaction expected to close within two weeks.
UK bookmaker Ladbrokes confirmed Tuesday that it is in talks with Gala Coral Group regarding a possible merger of the two businesses.
Private equity investment group Waterland has entered into an agreement to acquire Dutch land-based gaming operator Krijco Amusement BV.
bwin.party digital entertainment has confirmed the sale of all its interests in World Poker Tour (WPT) to Hong Kong-listed Ourgame International Holdings for US$35m.
US gaming supplier AGS, the company that acquired Amaya’s land-based Cadillac Jack business earlier this year, has moved into the social casino market with the acquisition of San Franciso and Tel Aviv-based studio RocketPlay for an undisclosed sum.
Oslo-listed gaming operator and solutions provider Gaming Innovation Group (GIG), formerly known as Nio, has acquired an affiliate network from an unnamed Finnish seller as it looks to strengthen its digital marketing division.
London-listed online gaming marketing firm XLMedia has entered into an agreement to acquire a majority stake in Marmar Media, a Tel Aviv-based performance media company for web and mobile, for a consideration of up to US$7.4m in cash.
Social gaming giant Zynga has entered into an asset purchase agreement to acquire SF Incubator LLC and super.io Inc, two companies owned by the company’s chairman and chief executive Mark Pincus.
BetVictor has agreed to sell its portfolio of 18 racecourse pitches to independent UK bookmaker Star Sports for an undisclosed fee, as the Gibraltar-based bookmaker looks to focus on its online business.
MGT Capital Investments has agreed a deal to sell its daily fantasy sports assets, including the DraftDay fantasy wagering platform and its MGT Sports B2B network, to Random Outcome USA, a newly-formed investment vehicle managed by Sportech Digital.
Tsinghua Unigroup International, a Chinese state-owned company funded by Beijing’s Tsinghua University, has acquired a 15.2 per cent stake in NASDAQ-listed lottery supplier 500.com.