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M&A News

Scientific Games to acquire WMS in $1.5bn deal

Scientific Games Corporation has agreed to acquire U.S gaming supplier WMS Industries in a deal worth approximately US$1.5bn.

The acquisition, which was announced Thursday, has the approval of the board of directors of both Scientific Games and WMS, and will enable Scientific Games to deliver a broader portfolio of products and [...]

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PokerStars agrees Atlantic Club Casino Hotel acquisition

PokerStars has agreed to acquire The Atlantic Club casino and hotel in Atlantic City for an undisclosed amount, pending the grant of an Interim Casino Authorisation by New Jersey regulators.

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Caesars boosts interactive portfolio with Buffalo acquisition

Caesars Interactive Entertainment (CIE) has said it will continue to pursue acquisition opportunities to strengthen its product portfolio following its acquisition last week of social games developer Buffalo Studios.

Caesars Interactive, the online gaming arm of casino operator Caesars Entertainment, plans to retain 74 full-time employees at Buffalo Studios’ Santa Monica [...]

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Sportech acquires US horse racing betting platform eBet

Reinforcing its position as one of the largest interactive betting providers in the U.S market, Sportech has acquired online and mobile betting service provider eBet Online Inc. for a total consideration of up to $12.6m.

eBet Online is one of the largest online horserace wagering operators in the U.S, processing $106m [...]

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Bischoff Hervey Entertainment invests in MX Gaming

U.S-based TV production company Bischoff Hervey Entertainment Television (BHE TV) has acquired a 50 per cent equity stake in online gaming developer MX Gaming, the company which has co-produced a number of branded online slot games alongside Endemol and OpenBet.

Established in 2008, MX Gaming (now MX Digital) is a developer [...]

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Media Corp’s Eyeconomy subsidiary enters administration

Media Corporation has confirmed that it has placed its Eyeconomy media agency subsidiary into administration after deciding that it is no longer an appropriate fit with the ongoing strategic direction of the company.

Last week, Media Corp said that despite investing in an expanded sales team, revenues from Eyeconomy had softened [...]

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Betfair sells stakes in LMAX Exchange and Kabam

Alongside publication of its first half results, Betfair has confirmed that it has agreed to dispose of its majority stake in the LMAX financial exchange business, while also selling its minority stake in social gaming company Kabam.

Betfair said that the move was part of its new organisational structure which is [...]

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Rank’s majority shareholder receives privatisation offer

Rank Group’s majority shareholder Guoco Group Limited has received an offer of HK$8.25bn (US$1.1bn) to take the company private following a bid from a Hong Kong-based investment firm controlled by Malaysian billionaire Quek Leng Chan.

Guoco, which owns 74.5 per cent of Rank Group, said Wednesday that it has received an [...]

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Novomatic acquires Italian gaming machines operator

Austria’s Novomatic Group has acquired an 80 per cent stake in Italian gaming machines and video lottery terminal (VLT) operator Sogeslot.

The acquisition agreement was signed December 4th between Sogeslot and Novomatic’s wholly owned subsdidiary Adria Gaming International.

Sogeslot is an estbalished gaming machines business in central and northern Italy, serving as [...]

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Final seven approved to bid for stake in Greece’s OPAP

The Hellenic Republic Asset Development Fund (HRADF) has concluded its evaluation of eight expressions of interest from entities seeking to acquire the Greek government’s 33 per cent stake in gaming monopoly operator OPAP, with just one company failing to progress to the next phase of the tender.

Still in the running [...]

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Aristocrat acquires GameAccount’s nLive online platform

Australia’s Aristocrat Leisure Limited has taken over full ownership of the nLive online gaming platform with the acquisition of GameAccount Network’s internet gaming system and remote game server.

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Amaya Gaming completes $177m Cadillac Jack acquisition

Canada’s Amaya Gaming Group has completed the acquisition of gaming machine supplier Cadillac Jack, with the company looking to combine its digital gaming expertise with Cadillac Jack’s strength in traditional land-based gaming.

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