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M&A News

GVC Holdings confirms approach to acquire bwin.party

UK-listed online gaming operator GVC Holdings confirmed Friday that it has submitted a proposal to acquire the entire share capital of bwin.party digital entertainment.

In response to recent speculation in the media and an increase in its share price Friday, bwin.party confirmed that it is continuing its discussions with a number [...]

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SNAI agrees merger with Italian rival Cogemat Group

Italian gaming operator SNAI has entered into an agreement to merge with Cogemat Group, a rival operator in the Italian gaming market which operates under the Cogetech brand.

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OpenBet ramps up product investment with Greek acquisition

OpenBet has expanded its global presence by acquiring its previously outsourced Greek development hub from Athens Technology Centre, as it looks to ramp up investment in products and innovation.

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Penn National to acquire Tropicana Las Vegas for $360m

US casino and racetrack operator Penn National Gaming has entered into an agreement to acquire the Tropicana Las Vegas Casino Hotel in a deal worth $360m, as it looks to create an attractive destination for its regional gaming customers.

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SteamTrack acquires Global Gaming’s fantasy sports assets

Global Gaming Network has entered into an exchange and purchase agreement to sell its B2C fantasy sports assets to Lux Digital Pictures Partners, which has in turn sold on the assets to fantasy sports and media business SteamTrack Inc.

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GBGroup takes over location software provider Loqate

Identity management solutions provider GBGroup has entered into an agreement to fully acquire San Francisco-based location-based software and data solutions provider Loqate.

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Gaming Innovation Group acquires stake in payment business

Gaming Innovation Group (GIG), a subsidiary of Olso-listed gaming business Nio Inc, has entered into an agreement to acquire a 10 per cent stake in payment processor Easy Payment Gateway (EPG) as it looks to strengthen its iGamingCloud software platform.

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Property developer Straub completes Revel Casino purchase

Florida-based property developer Glenn Straub has finally completed his protracted purchase of Atlantic City’s Revel Casino Hotel as part of a planned $500m investment in the city.

Straub’s Polo North Country Club completed the acquisition of the casino in a cut-price $82m deal after four prior attempts to sell Revel collapsed. [...]

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Amaya confirms CAD$150m sale of B2B casino assets to NYX

Amaya has finally confirmed an agreement to sell its B2B casino assets, formerly known as Cryptologic and Chartwell Technology, to NYX Gaming Group for a total cash consideration of CAD$150m.

The deal, first reported by Gaming Intelligence in February, will see NYX acquire all of the issued and outstanding shares of Amaya (Alberta) Inc (formerly Chartwell) [...]

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Gaming Realms sells Bingo Godz and Castle Jackpot brands

London-listed operator Gaming Realms has agreed to sell its Bingo Godz and Castle Jackpot brands to European Domain Management (EDM), the marketing company behind a number of UK-facing bingo brands.

The conditional asset sale and purchase agreement will see EDM pay a total consideration of £0.5m in cash to Gaming Realms.

European Domain [...]

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Intertain completes acquisition of Gamesys B2C brands

Canada’s Intertain Group has completed the acquisition of Gamesys’ Jackpotjoy, Starspins and Botemania customer-facing brands, with Gamesys founder and managing director Noel Hayden becoming the largest individual shareholder of Intertain.

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GTECH completes acquisition of International Game Technology

GTECH has completed the acquisition of US gaming supplier International Game Technology, with shares in the newly combined entity to begin trading in New York later today.

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