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Playtech agrees strategic partnership and acquires stake in Hard Rock Digital

Gaming technology supplier and operator Playtech has added a stake in Hard Rock Digital to the company’s portfolio of holdings.

Playtech has invested US$85m in Hard Rock Digital as part of a landmark strategic partnership that will see the supplier provide games to Hard Rock Digital’s customers in the United States [...]

3 mins read

Affinity Interactive agrees sale of Rail City Casino in Nevada

US betting and gaming operator Affinity Interactive has entered into an agreement to sell Rail City Casino in Nevada for an undisclosed amount.

The Western Nevada-based casino will be acquired by affiliates of Truckee Gaming, with the transaction expected to close before the end of 2023, subject to regulatory approval and [...]

2 mins read
Golden Entertainment

Golden Entertainment agrees sale of distributed gaming operations

Golden Entertainment has agreed a deal to sell its distributed gaming operations in Nevada and Montana for an aggregate cash consideration of $322.5m.

J&J Ventures Gaming will acquire Golden’s distributed gaming operations in Nevada for $213.5m plus an estimated $34m of purchased cash, and Golden’s distributed gaming operations in Montana for [...]

1 min read

Allwyn enters US after completing Camelot Lottery Solutions acquisition     

European lottery operator Allwyn has completed the acquisition of Camelot Lottery Solutions from the Ontario Teachers’ Pension Plan Board.

Allwyn entered into an agreement to acquire the business in December, and last week secured €335m of accordion loan facilities with a syndicate of international banks to finance the acquisition.

The Camelot Lottery [...]

2 mins read
Northstar Bets

Northstar Gaming set for TSX listing after completing reverse takeover

Canadian online betting and gaming operator NorthStar Gaming has completed its reverse takeover of Baden Resources and is set to commence trading on the TSX Venture Exchange this week.

The business combination has seen the operator of the NorthStar Bets brand in Ontario change its name to Northstar Gaming Holdings, with [...]

1 min read

Allwyn raises €335m to finance Camelot Lottery Solutions acquisition

European lottery operator Allwyn has entered into €335m of accordion loan facilities with a syndicate of international banks.

A group of lenders has committed to provide Allwyn International with €335m of 6 year term loans as accordion facilities under Allwyn’s existing senior facilities agreement.

The company will use the proceeds to finance [...]

1 min read
Barstool Sportsbook Ameristar

Penn completes acquisition of Barstool Sports

Penn Entertainment has taken full ownership of Barstool Sports for a consideration of approximately $388m.

Having previously acquired a 36 per cent stake in Barstool Sports in February 2020, Penn completed its acquisition of the remaining 64 per cent shareholding on Friday, February 17.

“We are extremely pleased to welcome Barstool Sports [...]

1 min read

Esports Entertainment Group agrees to sell Bethard

Shares in Nasdaq-listed Esports Entertainment Group lost almost 7 per cent Friday as the company announced the sale of its Bethard online betting and gaming brand.

The Malta and Sweden-licensed business is being sold for approximately €9.5m, less than two years after being acquired for €16m.

Esports Entertainment Group will receive cash [...]

1 min read

ZEAL Ventures invests in Circl Gaming

Lottery provider ZEAL Group has expanded its portfolio of investments by acquiring a stake in UK-licensed start-up Circl Gaming.

The investment by ZEAL Ventures includes financial support as well as exchange of experience and knowledge in strategy, regulation, marketing and process optimization.

Licensed by Britain’s Gambling Commission, Circl is the developer of [...]

3 mins read
MGM Resorts

MGM Resorts completes sale of Gold Strike Tunica in Mississippi

New York-listed MGM Resorts International has completed the sale of Gold Strike Tunica in Mississippi to a subsidiary of Oklahoma’s Cherokee Nation, the largest Native American tribe in the United States.

CNE Gaming has paid $450m in cash to acquire the Mississippi-based casino operations, following an initial agreement last June.

“Gold Strike [...]

1 min read

Playtech set to take a stake in Canada’s NorthStar Gaming

London-listed gaming supplier Playtech will take a stake in Canada’s NorthStar Gaming as part of an extension of their commercial arrangements.

Playtech will invest CAD$12.25m (€8.4m) in NorthStar Gaming by way of a convertible debenture that will convert into equity and warrants in connection with NorthStar's proposed reverse takeover of Baden [...]

1 min read

Super Group sells Digital Gaming Corp’s B2B division to Games Global

New York-listed Super Group has agreed to sell the non-core B2B assets of recently acquired Digital Gaming Corporation (DGC) to Isle of Man-based supplier Games Global.

DGC operates the Betway brand in the United States, and will look to complete the sale during the second half of the year, subject to [...]

2 mins read
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