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.
Private Austrian investment company B&C Industrieholding has sold its minority stake in part-state-owned gaming operator Österreichischen Lotterien (ÖLG) to NOVOMATIC for an undisclosed sum.
B2B fantasy sports provider Global Gaming Network has signed a letter of intent with digital entertainment producer Innovativ Media Group relating to a reverse takeover transaction.
Australian gaming supplier Aristocrat Leisure has completed the sale of its Japanese operations to Japan-based Fields Corporation for an undisclosed amount.
Canada’s Amaya has completed the sale of Cadillac Jack to AGS for approximately CAD$476m, and reiterated that it has found no evidence of any violation of Canadian securities laws in relation to the company’s acquisition of PokerStars owner Oldford Group last year.
London-listed payment processor Optimal Payments has moved closer to finalising its €1.1bn acquisition of rival Skrill with a number of key conditions for the completion of the deal having now been satisfied.
Playtech has agreed to acquire London-listed spread betting and CFD provider Plus500 for approximately £459.6m in a deal which will see the company significantly enlarge its financial trading business.
Canadian gaming supplier NYX Gaming Group has strengthened its presence in the US iGaming market by acquiring Sportech’s 50 per cent stake in the SNG Interactive joint venture established between the companies in December 2013.
Online payment solutions provider Optimal Payments has acquired Montreal-based mobile platform developer FANS Entertainment for a consideration of CAD$16m, further strengthening the company’s position in the mobile sector and also providing an entry point into the events market.
Toronto-listed gaming software supplier Contagious Gaming has entered into an agreement to acquire sports betting supplier Digitote for €5m (CAD$6.8m), while also confirming the termination of its previously announced acquisition of online bingo operator Chelbis Company.
Gaming Innovation Group (GIG), a subsidiary of Oslo-listed operator and platform provider Nio, has finalised a strategic partnership with Optimizer Invest (OPT) to develop a cloud services company focused on the iGaming sector.
The pair-up is designed to help GIG further develop its iGamingCloud software platform and ramp up development of [...]