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Betsson confirms acquisition of 70% stake in Colombia’s Colbet

Stockholm-listed Betsson has revealed that it has acquired a majority stake in licensed Colombian iGaming operator Colbet.

The company has acquired a 70 per cent stake in Colbet, which was among the first operators to be licensed in Colombia by the country’s gambling regulator Coljuegos.

Betsson will migrate the Colbet business to [...]

1 min read

Eldorado Resorts and Caesars Entertainment complete merger

Eldorado Resorts and Caesars Entertainment have completed their $17.3bn merger to create one of the leading land-based casino operators in the United States.

The newly enlarged operator now owns and operates more than 55 casino properties worldwide, including 16 states across the US, covering Nevada, Colorado, Missouri, Iowa, Florida, Mississippi, Louisiana, [...]

2 mins read

STS Gaming completes acquisition of software provider Betsys

Central European bookmaker STS Gaming Group has taken over full ownership of Czech betting and gaming software provider Betsys.

Having previously held a majority stake in Betsys, STS said that the investment would help to further the operator’s growth as it expands its online operations across Europe.

Betsys currently powers STS’ online [...]

2 mins read

Esports Entertainment set to complete Argyll Entertainment acquisition

New York-listed Esports Entertainment Group is on course to complete its acquisition of online betting and gaming operator Argyll Entertainment this month.

After entering into a binding Letter of Intent (LOI) in May, Esports Entertainment has now signed a definitive agreement to acquire the SportNation.bet-owner, with closing of the transaction expected [...]

2 mins read
Global Gaming

Global Gaming sells NanoCasino.com to Finnplay for €0.5m

Stockholm-listed operator Global Gaming has entered into an agreement to transfer the rights to its NanoCasino.com brand to Finnplay for €0.5m.

The online casino brand was launched last year under a Swedish licence issued to Finnplay's B2B subsidiary Viral Interactive, after the operating license of Global Gaming’s Ninja Casino brand was [...]

2 mins read

Twin River completes acquisition of two casinos from Eldorado Resorts

New York-listed casino operator Twin River Worldwide Holdings has completed its $230m acquisition of two venues from Eldorado Resorts in Missouri and Mississippi.

Twin River has now taken over operations at the Isle of Capri Casino Kansas City in Missouri and Lady Luck Casino Vicksburg in Mississippi.

The sale of the two [...]

2 mins read

SIS acquires full ownership of 49’s from GVC and William Hill

Sports Information Services (SIS) has taken over full ownership of UK-based lottery and virtual sports supplier 49’s from current owners GVC Holdings and William Hill.

The acquisition bolsters the SIS product portfolio with 49’s live draws offering, which includes the Irish Lotto Bet, World Lotto and Rapido, as well as virtual [...]

2 mins read

Golden Nugget Online Gaming set for Nasdaq debut

Leading US iGaming operator Golden Nugget Online Gaming (GNOG) is set to become a publicly traded company after entering into a purchase agreement with special purpose acquisition vehicle Landcadia II.

Tilman Fertitta-owned GNOG is the iGaming arm of land-based casino operator Golden Nugget and is being acquired by Landcadia II, a [...]

4 mins read
Eldorado Resorts

FTC approves Eldorado Resorts merger with Caesars Entertainment

The US Federal Trade Commission (FTC) has cleared the way for Eldorado Resorts to complete its $17.3bn merger with Caesars Entertainment.

The FTC approval requires Eldorado Resorts to divest casino assets in the South Lake Tahoe area of Nevada and the Bossier City-Shreveport area of Louisiana in order to avoid any [...]

1 min read
Sazka Group

SAZKA Group increases Casinos Austria stake to over 55%

European lottery and gaming operator SAZKA Group has completed its acquisition of a 17.19 per cent stake in Casinos Austria from Novomatic.

The transaction follows an agreement with Novomatic in December and increases SAZKA Group’s shareholding in the Austrian casino and lottery operator to 55.48 per cent.

In connection with the transaction, [...]

1 min read
NetEnt

Evolution Gaming swoops in to take control of rival NetEnt

Stockholm-listed supplier Evolution Gaming has made a bid to acquire rival NetEnt in an all share transaction.

Evolution is offering NetEnt shareholders 0.1306 shares in Evolution Gaming for each NetEnt share held, valuing each share NetEnt share at SEK79.93, a 43 per cent premium on the stock's closing price on Tuesday [...]

4 mins read

BetBull acquires UK-facing social betting start-up Wager

Social betting start-up Wager has been acquired by UK-licensed betting operator BetBull for an undisclosed amount.

Backed by London-based venture capital fund Forward Partners, the UK-facing peer-to-peer football betting app was developed by Oxford University graduates Leo Barnes and Elliott Robinson, and launched last August ahead of the Premier League football [...]

2 mins read
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