At a special meeting convened yesterday, shareholders of U.S online horserace betting provider Youbet.com voted to approve the estimated $126.8 million merger with rival advance deposit wagering operator Churchill Downs Incorporated, in a deal which would enhance their combined presence in the U.S horseracing online wagering market.
The Auditor General for the Australian state of New South Wales is to review the sale process of NSW Lotteries amid complaints that Tatts Group was given preferential treatment and was the only company allowed to bid for unclaimed prize money, estimated at approximately AUD$200 million over the term of [...]
With the company expecting turnover from its online and retail sports betting platforms to top €1 billion this year, French monopoly operator La Française des Jeux said in a statement Friday that it has acquired LVS, the British betting software developer which supplies FDJ with its fixed odds betting platform.
The Ontario Teachers' Pension Plan, the largest single-profession pension plan in Canada, has agreed to acquire UK National Lottery operator Camelot Group plc for approximately £389 million, bringing an end to a sale process that began nearly a year ago.
Live TV gaming specialist NetPlay TV plc has agreed significant revisions to its agreement with Virgin Media Television signed last April, with NetPlay TV taking full control of the Challenge Jackpot database and terminating its share option agreement with Virgin Media in exchange for a fixed cash payment of £1.82 [...]
Following the successful licensing of its Playscan player protection tool to La Française des Jeux last week, Sweden's Svenska Spel is to acquire the remaining rights and assets relating to the technology through the acquisition of Playscan AB.
Australia's Tatts Group has seen off competition from both domestic and international gaming operators in a competitive bid to acquire New South Wales Lotteries, securing the acquisition and an exclusive 40-year licence to operate lotteries in the state.
Two of South Africa's leading gaming operators, Gold Reef Resorts Limited and SABMiller owned Tsogo Sun Holdings Limited have announced the merger of their businesses, creating South Africa's largest gaming company with an expected market capitalisation of US$2.7 billion.
Securing its position as the leading online gaming software supplier across all key product groups, Playtech Limited said Monday that it has agreed a £36 million takeover of leading online bingo software provider Virtue Fusion.
Further to the company's acquisition last month of Nedplay, 32Red has this morning confirmed it has acquired the business assets of Golden Lounge, the online casino brand licensed in Kahnawake and powered by Microgaming.
Increasing its investment in the Australian betting market, Irish bookmaker Paddy Power plc said Friday that it has increased its shareholding in Sportsbet Pty Ltd to 60.8% through the buyout of a minority shareholder for a cash consideration of AUD$13.0 million (approximately €8.5 million).
Strengthening its position in the Scandinavian gaming market, Cherryföretagen, the Swedish gaming operator formerly consisting of Cherry, Betsson and Net Entertainment, has announced the acquisition of Malta-based COYS Ltd, owner of several online gaming brands including NorgesAutomaten, SverigeAutomaten and DanmarksAutomaten.