Rank Group plc is in talks to acquire the land-based casino operations of rival Gala Coral, which if successful will make it the UK’s largest casino operator.
The owners of Full Tilt Poker agreed the final terms of their forfeiture agreement with the US Department of Justice (DoJ) on Tuesday (January 24th).
The deal means Groupe Bernard Tapie can now hand over the $80m needed to buy the company from the DoJ.
Laurent Tapie, who will run Full Tilt, [...]
Online gaming software and services provider Playtech Limited has acquired UK-based online sportsbook developer Geneity Limited for an initial cash consideration of £11m, with the company’s sportsbook platform replacing Playtech’s existing offering.
Germany’s JAXX has entered into an agreement to dispose of its lottery business to a group of investors for €12.5m, with the company looking to focus on its sports betting, casino and poker products through its myBet brand.
UK bookmaker Ladbrokes plc has made its first move into the U.S sports betting market with the signing of an agreement to acquire a majority stake in Stadium Technology Group, a Las Vegas-based supplier of risk management and in-play betting software to licensed race and sportsbook operators.
International Gaming Technology (IGT) has added another pillar to its internet gaming portfolio with the US$500m acquisition of Double Down Interactive (DDI).
Canada’s Amaya Gaming Group has been granted an extension of three weeks to reach a potential takeover agreement with online casino and games developer CryptoLogic, affording Amaya time to complete its due diligence process and finalise its financing arrangements.
Norway’s Playsafe Holding AS is to focus on its B2B online poker software business following the sale of its operating division to Julian International Holdings Ltd, a Seychelles-based corporation representing professional gaming investors.
Italian gaming giant SNAI has signed an agreement to acquire at least 96 per cent of rival operator Cogetech for a sale consideration of approximately €140m as it looks to strengthen its position in the Italian sports and horse race betting market and become a significant force in the amusement [...]
Swedish skill gaming and casino games provider Jadestone has completed a management buy-out from its parent company, Åland’s Paf, as the company looks to continue its focus on B2B gaming platforms.
Online gaming software and services provider Playtech Limited has expanded its product offering with the acquisition of games developer Ash Gaming Limited for a total consideration of up to £23m.
Having already bought up 7 per cent of the company’s shares over the past year, Canada’s Amaya Gaming Group has made a move to acquire the entire outstanding capital of online casino and games developer CryptoLogic Limited.