Online gaming operator Sportingbet plc has agreed to the disposal of its Turkish language website for a minimum consideration of €142.5m to Netherland Antilles-based East Pioneer Corporation B.V, a newly incorporated company owned by Sigma Corporate Management, with support services for the future operation of the website to be provided [...]
Sportingbet has made a move into the soon-to-be liberalised Danish online gaming market following the acquisition of Danish bookmakers Danbook Limited and Scandic Bookmakers Limited for a combined £8.5m.
Shares in Sportingbet plc have slumped more than 20 per cent in London this afternoon after the company confirmed that highly preliminary discussions regarding a potential acquisition of the company by Ladbrokes have been terminated.
Prague’s Municipal Court has dismissed a motion to annul the sale tender for Czech lottery operator Sazka, confirming the sale of the company to Sázková Kancelář a.s, a joint tender bid from the company’s main creditors PPF and KKCG.
Despite the revocation of its gaming licence by the Alderney Gambling Control Commission (AGCC) last week, Full Tilt Poker said Friday that France’s Groupe Bernard Tapie has signed an exclusive agreement to acquire the company and all of its associated assets, subject to a favourable resolution with the U.S Department [...]
Insolvency administrator Josef Cupka has confirmed the sale of Czech lottery operator Sazka to Sázková Kancelář a.s, a joint tender bid from the company’s main creditors PPF and KKCG, with a winning offer of CZK3.81bn (€155.1m).
Scientific Games Corporation has completed the acquisition of European gaming content and machines business Barcrest Group Limited from International Game Technology (IGT).
Following a number of changes to the Takeover Code which took effect this morning, mobile gambling specialist Probability plc has confirmed that it is in preliminary discussions with bookmaker William Hill over a potential acquisition of the company, while Ladbrokes has until October 17th to make an offer for online [...]
UK-based games developer Betlow Ltd has been acquired by Core Gaming, a content development company recently established by former Games Media executive Steven Murray.
Betgenius Ltd, a provider of data-driven software solutions to the sports betting industry, has expanded its product offering with the acquisition of live betting specialist Boolabus.
Following its acquisition of Betsafe earlier this year for an initial purchase price of €34.0m, Sweden’s Betsson said Wednesday that it will pay out the first part of the additional purchase price of €15m after Betsafe reached the targets set for 2011.
Online bingo platform provider Parlay Entertainment Inc. has completed the sale of a majority of the company’s assets to M Projects Assets S.A, the original stalking horse bidder and the lending party to a credit agreement with Parlay earlier this year.