Denmark's CFH Group has acquired a 50 per cent stake in Tradimo Interactive, the online school and community for online financial trading set up by the founders of PokerStrategy.com.
Private equity firm CVC Capital Partners has agreed to acquire a controlling stake in Sky Betting & Gaming, the online gaming subsidiary of UK broadcaster Sky plc, in a transaction valued at £800m.
Formed in 2001, Sky Bet has grown to become one of the leading operators in the UK online [...]
Payment processor Skrill Group has signed an agreement to acquire prepaid card solutions provider Ukash as it looks to boost the scale and reach of its existing prepay subsidiary paysafecard.
Online gaming technology supplier NYX Gaming Group has revealed plans to launch an initial public offering on Toronto’s TSX Venture Exchange.
Scientific Games Corporation is expected to complete the acquisition of US gaming supplier Bally Technologies later today after receiving regulatory approval Thursday from the Nevada Gaming Commission (NGC).
The NGC’s approval was the final regulatory approval required to complete the acquisition, which was first announced in August earlier this year.
The company [...]
Brookfield Property Partners, a subsidiary of Toronto-listed asset management company Brookfield Asset Management, has withdrawn from the $110m acquisition of Atlantic City’s Revel Casino Hotel, potentially killing hopes of the venue reopening.
Austrian gaming supplier Novomatic has made its second acquisition of the year in the Netherlands with its purchase of Elam Group, a Dutch gaming machine supplier and distributor.
Swedish gaming operator Betsson has invested in real-time betting app developer Rush Sports, as part of its strategy to invest in businesses capable of enhancing its existing in-play betting offering.
Chinese lottery supplier AGTech Holdings has made a move into the smartphone lottery market following the strategic acquisition of Score Value Limited for a total consideration of HK$489.5m (€63.7m).
AGTech has formalised the acquisition of 100 per cent equity interest in the company through its wholly-owned subsidiary Silvercreek Technology Holdings.
AGTech said [...]
Toronto-listed Amaya Gaming Group has reached a definitive agreement to sell its Ongame B2B poker and platform provider to Sweden’s NYX Gaming Group, and will also make a $10m investment in the business.
NYX will take ownership of the Gibraltar-based Ongame Network and its Stockholm-based subsidiaries which own and operate its [...]
Console games developer Majesco Entertainment has sold off its stake in the real-money gaming and social casino joint venture GMS Entertainment, less than a year after investing in the business.
Majesco has sold 500 preferred shares - its entire holding in the business - to Gili Lisani, chief executive of GMS-owned [...]
Canadian provincial lottery operator Loto-Québec has sold off its 35 per cent stake in French online and land-based gaming operator JOA Groupe which is beset by financial difficulties.