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M&A News

Parlay Entertainment completes sale of assets

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.

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Sportingbet completes Centrebet acquisition

UK-listed gaming operator Sportingbet plc said Wednesday that it has completed the acquisition of Australia’s Centrebet International Limited following the implementation of two separate inter-conditional schemes of arrangement between Centrebet and its shareholders and performance right-holders.

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Sazka up for grabs as court approves tender process

The long running saga of beleaguered Czech lottery operator Sazka will come to an end in the next six weeks following a decision by the Prague Municipal Court this week to approve the method and conditions for the sale of the business.

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Fortuna targets rival in Polish betting market expansion

European retail and online betting operator Fortuna Entertainment Group said Thursday that it is currently in negotiations to acquire the Polish subsidiary of rival Tipsport, as the company looks to strengthen its hold on the recently liberalised Polish betting market.

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Sportingbet closes in on Centrebet acquisition

UK-listed Sportingbet plc has moved a step closer to acquiring Centrebet International Limited, after the Federal Court of Australia issued orders approving two separate inter-conditional schemes of arrangement between Centrebet and its shareholders and performance right-holders.

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Codere increases stake in Mexican horse racetrack operator

Spanish gaming group Codere S.A has taken up a call option to acquire an additional 35.8 per cent share in Mexican partner Corporación Interamericana de Entretenimiento Las Americas (ICELA), operator of the Hipodromo de Las America horse racetrack and a division of Mexican entertainment giant Grupo CIE.

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GVC in talks to acquire Sportingbet’s Turkish business

Online gaming operator GVC Holdings plc confirmed Tuesday that it is in exclusive discussions with Sportingbet regarding the possible purchase of the company’s Turkish language website business.

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Fortuna’s Croatian business up for sale

The board of directors of Fortuna Entertainment Group has decided not to exercise a call option to acquire the shares of Fortuna HR (Croatia) from Equinox Investments B.V, a part of Penta Investment Group, freeing the investment company to sell the holding to an as yet unnamed third party.

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Spain’s Codere expands presence in Italy

Increasing its presence in the Italian gaming market, Spanish gaming group Codere has acquired a 75 per cent stake in gaming machine operator Gaming Service Srl.

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bwin.party confirms merger of bwin France with Sajoo

bwin.party digital entertainment said Friday that it will merge its bwin France online gaming business with Sajoo.fr, the joint venture between bwin and French media group Amaury Group.

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Bally acquires mobile app developer MacroView Labs

Targeting the growing mobile applications business, Las Vegas-based Bally Technologies Inc. has acquired MacroView Labs, a developer of mobile applications and platforms, with the company looking to introduce play-for-fun technologies to its casino customers.

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Sweden’s Redbet acquires Heypoker.com

Swedish online gaming operator Redbet Holding AB has acquired Heypoker.com, a gaming site aimed at the Scandinavian and Eastern Europe, from 360 Holding AB for an undisclosed amount.

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