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M&A News

Federated Sports + Gaming acquires Heartland Poker Tour

The Heartland Poker Tour (HPT), a U.S-based series of televised poker tournaments, has been acquired by Federated Sports + Gaming (FS+G), the company formed last year by former president and commissioner of the World Series of Poker Jeffrey Pollack and three senior executives of U.S online wagering service Youbet.com.

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Betfred takes on industry giants with Tote acquisition

The UK government said Friday that it has agreed the sale of the Horserace Totalisator Board (Tote) to independent bookmaker Betfred for £265m, with Betfred receiving an exclusive seven-year licence to operate pool betting at all UK racecourses.

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GMG targets Denmark with Mermaid acquisition

PokerHeaven.com and Poker Channel parent Gaming Media Group has bought into the soon to be regulated Danish online gaming market with the acquisition of Mermaid Gaming.

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Tabcorp shareholders approve casinos division spin-off

Shareholders of Australia’s Tabcorp Holding Limited have this morning approved plans to demerge the company’s casinos business, which earlier this week entered into an agreement to raise US$460m of debt from the U.S private placement market.

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AGTech acquires leading Chinese mobile lottery provider

Chinese sports lottery provider AGTech, a joint venture partner of British bookmaker Ladbrokes plc, has taken a step into the burgeoning Chinese mobile lottery market with the acquisition of Shenzhen Silvercreek Digital Technology Co. (SSDT), a leading phone and mobile lottery service provider in China.

The acquisition of the entire issued [...]

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Caesars acquires stake in Slotomania developer Playtika

Leading US gaming operator Caesars Entertainment Inc. has acquired a stake in Israeli social games developer Playtika.

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Zynga acquires Casino City developer

Social gaming operator Zynga has announced the acquisition of Casino City developer DNA Games Inc. for an undisclosed sum.

DNA Games was founded in 2009 by Jon Lee and Shaun Haase with funding from Battery Ventures and Bain Capital Ventures. The company develops social games which feature on Facebook such as [...]

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Betfred claims victory in race for UK Tote

With the UK government set to announce its decision on its planned disposal of the Tote, independent bookmaker Betfred has confirmed that it is ready to enter into a binding agreement to acquire the Tote at a cash offer of close to £200m.

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Betsson acquires online gaming operator Betsafe

Sweden’s Betsson AB has strengthened its position in the Nordic market with the acquisition of Malta-based online gaming operator Betsafe, in a deal worth potentially €60m.

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Amaya Gaming Group to acquire Chartwell Technology

In a surprise move, Canada’s Amaya Gaming Group, which has been buying up shares in CryptoLogic in recent weeks and now owns more than 7 per cent of the company, has entered into an agreement with CryptoLogic rival Chartwell Technology Inc. to combine their businesses.

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Sportingbet makes $180m bid for Centrebet

British online gaming operator Sportingbet plc has revealed that it is in advanced discussions with Centrebet International regarding a possible takeover of the Australian operator.

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Rank urges shareholders to reject Guoco takeover bid

Rank Group has recommended that its shareholders do not accept a £585.8m mandatory takeover bid from Malaysia’s Guoco Group which was triggered after the company acquired an 11.6 per cent shareholding in Rank last Friday at a price of 150 pence, taking its total interest to more than 40 per [...]

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