Endeavor Group’s sports subsidiary IMG Arena has entered into a conditional agreement to take over full ownership of virtual sports and casino games provider Leap Gaming.
IMG Arena is currently the second largest shareholder in Leap, and will acquire the remaining stake in the business from London-listed SEED Innovations for €12.9m, [...]
New York-listed real estate investment trust VICI Properties has agreed a deal to take over full ownership of MGM Grand Las Vegas and Mandalay Bay Resort on the Las Vegas Strip.
VICI Properties currently owns a 50.1 per cent interest in the joint venture that owns MGM Grand Las Vegas and [...]
Malta-based iGaming operator and games provider Glitnor Group has called off its proposed acquisition of iGaming affiliate KaFe Rocks Group.
The two companies have mutually and amicably decided not to complete the transaction due to current market conditions.
As a result, KaFe Rocks and the Time2play.com brand will continue to be managed [...]
Malta-based iGaming operator PressEnter Group is undergoing a management buyout which will see current CEO Lahcene Merzoug take over as executive chairman.
Merzoug and members of his executive management team have agreed terms with the existing financial investors to acquire the business, with the transaction to be completed in the near [...]
London-listed betting and gaming operator Entain has completed the acquisition of Croatia’s leading operator SuperSport Group through its new Entain CEE venture.
Entain CEE was established in August through a partnership between Entain and Czech investment firm EMMA Capital to drive expansion in the Central and Eastern European region.
Entain owns 75 [...]
Italian betting and gaming operator Lottomatica is looking to strengthen its position in its home market with the acquisition of online operator Betflag.
Lottomatica has agreed a deal to acquire 100 per cent of the share capital of Betflag for a consideration of €310m on completion, subject to adjustments based on [...]
Allwyn Entertainment, the next operator of the UK National Lottery, has agreed a deal to acquire incumbent National Lottery operator Camelot for an undisclosed amount.
The acquisition is subject to regulatory approvals and is expected to close in the first quarter of 2023, establishing Camelot UK Lotteries as a wholly owned [...]
La Française des Jeux (FDJ) has concluded its discussion with ZEturf Group with an agreement to acquire the online horseracing and sports betting operator.
FDJ announced in September that the company had entered into exclusive negotiations with ZEturf, with those negotiations now resulting in an agreement to buy the business for [...]
Novomatic is set to become one of the largest gaming operators in Italy with the acquisition of HBG Gaming.
HBG Gaming has been licensed in the regulated Italian market since 2000 and currently operates more than 20,000 AWP machines, 4,800 VLT machines, as well as 18 bingo halls and 52 betting [...]
Malta-licensed online casino games supplier Raw iGaming is expanding into the casual games sector after acquiring Spigo from Swedish games developer Lady Luck Games.
The agreement comprises Spigo’s customers, platform and portfolio of casual games, which include Yatzy, Backgammon, Solitaire, and Match 3.
“This is another step in our company’s evolution to [...]
The government of Western Australia has terminated the WA TAB sale process after failing to identify opportunities that are in the long-term interest of both the state and local racing industry.
After an initial sale process was halted due to COVID-19, the state government announced the commencement of a new sale [...]
Online betting operator Betr has secured market access in Indiana through an equity-based deal that makes the Eastern Band of Cherokee Indians one of the company’s largest shareholders.
The agreement with the Eastern Band of Cherokee Indians’ gaming enterprise, EBCI Holdings, will enable Betr to enter Indiana’s regulated sports betting market [...]