Germany’s JAXX has completed the sale of its lottery business for €12.5m ($16.3m), allowing the company to focus its operations on its sports betting, casino and poker products under the myBet brand.
Unibet Group plc has completed the acquisition of Nordic Betting, the subsidiary of Sweden’s Modern Times Group which operates the Bet24 brand, for a total consideration of €13.5m ($17.8m).
The government of South Australia has confirmed that it expects to issue a licence to a private operator for the operation of the SA Lotteries brands and products during the second half of 2012, having selected Investec to advise the government following an open tender.
Canada’s Amaya Gaming Group has extended the offer period to acquire online casino games developer CryptoLogic by two weeks, with Amaya having now received approval from shareholders representing over 86 per cent the company.
Sweden’s Betsson has strengthened its position in the Nordic market with the acquisition of Nordic Gaming Group, owner of the NordicBet, Tobet and Triobet brands, for an initial purchase price of €65m.
Online gaming software and services provider Playtech is poised to enter the social gaming market with a planned €95m acquisition of real money gaming and social media assets from a company linked to Teddy Sagi, Playtech’s largest shareholder.
AIM-listed Media Corp plc confirmed Monday that the company is in advanced discussions to acquire Gaming Media Group Limited, owner of The Poker Channel and online brands including PokerHeaven and BingoJoy.com, under a reverse takeover.
Unibet Group plc has signed an agreement to acquire Bet24, the online gaming company of Sweden’s Modern Times Group, for a total cash consideration of approximately €13.5m.
GVC Holdings has entered into an agreement with an independent third party to dispose of its Betaland business after determining that the returns on the business no longer justify the risks involved with this operation.
GVC said the Betaland sports book and gaming business would be transferred to the entirely independent [...]
Amaya Gaming Group’s offer to acquire online casino games developer CryptoLogic has become unconditional following the approval of shareholders representing over 80 per cent of the company.
Rank Group’s bid to acquire the land-based casino business of Gala Coral has ended after the two companies failed to reach agreement on the terms of the deal.
Australia’s Tatts Group has completed the acquisition of Tote Tasmania for AUD$103m, which is now part of the company’s TattsBet pooling and fixed price wagering system.