M&A News

PartyGaming & bwin confirm proposed merger

PartyGaming plc and bwin Interactive Entertainment AG have today confirmed their long anticipated merger with bwin set to take a 51.64 per cent holding in the expanded business, with the merger expected to be completed in the first quarter of 2011 subject to a number of conditions including at least [...]

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UK National Lottery Commission approves Camelot sale

The UK National Lottery Commission has approved the sale of Camelot, operator of the National Lottery, to the Ontario Teachers' Pension Plan (OTPP) for £398m.

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888 enters social gaming space with $18m acquisition

Online gaming operator 888 has entered the social games space with an agreement to acquire a number of assets from Real Dice Inc for an initial consideration of US$18m, including the Mytopia social games development studio which the company said would form the cornerstone of its future social gaming and [...]

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NYX Interactive acquires online bingo operator Cashball

Sweden's NYX Interactive has announced the acquisition of Cashball Ltd, owner and operator of Spanish online bingo brand Bingole.com, for an undisclosed fee from Bonnier Lottery, a subsidiary of Swedish media giant Bonnier Group.

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Churchill Downs and Youbet.com complete merger

Churchill Downs Incorporated (CDI) and Youbet.com Inc. announced the completion of their merger Wednesday, with work now underway to integrate their Twinspires.com and Youbet.com advance deposit wagering businesses.

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Software developer BEToptions up for sale

Australia's BEToptions Ltd, the developer of race and sports betting solutions, has said that it is looking for interested parties to acquire the business after loosing the backing of a major shareholder.

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Churchill & MI end Tracknet Media partnership

Churchill Downs and MI Developments are to dissolve their Tracknet media venture after three years of operation, with each party taking over their respective racetrack content agreements, although they remain partners in HorseRacing TV (HRTV).

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Orbis Technology Acquires Alphameric Solutions for £16m

NDS Group's wholly owned subsidiary Orbis Technology has entered into a conditional agreement to acquire Alphameric Solutions Limited (ASL), a provider of integrated software and hardware technology to UK bookmakers including the likes of Ladbrokes, William Hill and the Tote, for a total cash consideration of £15.5m.

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Unibet Gambles on 25% Stake in Bingo.com

Bingo.com Limited has announced the closing of a private placement with Swedish online gaming operator Unibet Group plc worth a total of US$2.25m, representing a 25.9 per cent share of Bingo.com.

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Betsson Acquires Playtech Powered Betfriends

In an effort to expand its online poker offering which accounted for just 10% of total gross profit during the first quarter of 2010, Swedish gaming operator Betsson has announced the acquisition of Malta-based poker operator Betfriends.com.

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PokerStars Acquires Three Online Poker Portals

Online poker room PokerStars has announced that it has recently acquired three online poker information portals including PokerPages.com, the poker portal which was forced to close down at the end of last October.

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Ladbrokes Sells Italian Retail Business to Cogetech

Following the company's decision to exit the Italian retail sports betting market last year, UK bookmaker Ladbrokes plc said Monday that it has agreed to sell its Italian retail betting and gaming business to an affiliate of Cogetech S.p.A, one of Italy's leading online and land-based operators, for a total [...]

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