The government of Australian Capital Territory (ACT) has determined to sell the state’s betting agency ACTTAB after considering a number of recommendations made in a Feasibility Study undertaken earlier this year.
The state commissioned Pricewaterhousecoopers (PwC) to undertake a feasibility study earlier this year over the betting agency’s future options because [...]
Investment firm MGT Capital Investments has finalised a deal to acquire Avcom Inc, a New York-based developer focused on mobile social casino products which operates under the Mobile Vegas brand.
Austrian gaming giant Novomatic will focus on building its presence in the lottery industry following the acquisition of a 90 per cent stake in Icelandic online gaming software developer Betware.
Through its subsidiary Novo Lottery Solutions GmbH, Novomatic has acquired a 90 per cent majority shareholding in Betware. The remaining 10 [...]
Swedish gaming operator Cherry has signed an agreement to acquire a 49 per cent stake in Curaçao-licensed company Web Resorts NV, in a bid to expand its online and mobile presence.
Web Resorts operates a number of gaming domains including the Scandinavian-facing NordicSlots.com and NorgesSpill.com sites, which offer online casino games [...]
Gaming platform provider Mediatech Solutions has acquired the GameShaper+ social gaming platform developed by the now-defunct Enteraction for an undisclosed sum, with Enteraction managing director Andy Rogers also joining the Madrid-based business.
French casino operator Groupe Partouche has sold one of its four casinos in Belgium to licensed online and land-based gaming operator Napoleon Games for €16.5m, although the company’s existing partnerships for online operations in Belgium remain unaffected by the deal.
Spread betting operator London Capital Group (LCG) has completed the sale of its Gibraltar-based Direct Market Access financial spread betting business ProSpreads to Apostar Holdings in a deal worth £1.5m.
LCG chief executive Kevin Ashby said the company was “pleased” to have successfully completed the exit of the ProSpreads business “which [...]
UK-listed operator and supplier of pools and tote betting services Sportech has sold its UK-facing online gaming business, Vernons.com, to live TV gaming specialist NetPlay TV for a total cash consideration of £3m.
Swedish sports betting solutions provider Betting Promotion confirmed Tuesday that it has agreed a deal to acquire online gaming technology provider Tain, a wholly owned subsidiary of Atletico Nordic which is led by Expekt.com founders Christian Haupt and Conny Gesar.
Shares in Canada's Amaya Gaming Group were trading up more than 4 per cent in Toronto Monday on news that the company intends to sell its consumer-facing Maltese subsidiary WagerLogic for a cash consideration of CAD$70m.
Scientific Games has completed its $1.5bn acquisition of WMS Industries, with the combined entity now divided into gaming and lottery arms as it looks to strengthen its position in each market.
Games developer Majesco Entertainment, famous for developing the successful Zumba Fitness game for Nintendo Wii, has secured its move into the online gaming and social casino sector following its acquisition of Orid Media and Pariplay.