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Flutter Entertainment

Flutter Entertainment agrees $4.2bn deal to increase stake in FanDuel

London-listed Flutter Entertainment has entered into a conditional agreement to acquire Fastball Holdings’ entire 37.2 stake in US sports betting and fantasy sports operator FanDuel for $4.2bn.

The accelerated buy-out takes Flutter’s stake in FanDuel from 57.8 per cent to 95 per cent, with the remaining 5 per cent interest held [...]

5 mins read
Caesars Entertainment

Caesars agrees sale of Belle of Baton Rouge casino to Casino Queen

New York-listed casino operator Caesars Entertainment has entered into a definitive agreement to sell its Belle of Baton Rouge casino in Louisiana to CQ Holding Company.

Belle of Baton Rouge features a 288-room hotel and gaming facilities hosting more than 700 slots, as well video poker and keno machines.

The venue may [...]

1 min read
fuboTV

fuboTV eyes sports betting opportunities with Balto Sports acquisition

New York-listed sports streaming platform fuboTV is looking to expand into sports betting with the acquisition of Balto Sports.

fuboTV will work to combine its proprietary technology with Balto’s fantasy sports solution to initially launch a free-to-play offering, with longer term plans to expand into online sports betting.

fuboTV’s sports-first streaming service [...]

1 min read
Stats Perform

Stats Perform expands fan engagement platform with Thuuz Sports

Sports data provider Stats Perform is looking to create new opportunities to reach sports fans through the launch of automated video highlights and real-time alerts.

Stats Perform has acquired patented technology from Palo Alto-based Thuuz Sports, including the SmartReels and SmartRatings products, which will be integrated with Stats Perform's platform to [...]

1 min read

BetMakers eyes global expansion with Sportech Tote acquisition

Sydney-listed gaming technology supplier BetMakers has agreed a deal to acquire Sportech’s Global Tote business for AUD$56.2m (£30.9m).

BetMakers said that the acquisition will establish the company as a global leader in B2B wagering and data technology for racing, allowing it to expand its global footprint and accelerate growth in the [...]

1 min read
Golden Nugget Online Gaming

Landcadia nears completion of Golden Nugget Online Gaming acquisition

US iGaming operator Golden Nugget Online Gaming (GNOG) and special purpose acquisition company Landcadia Holdings II have secured regulatory approval in New Jersey for their proposed business combination.

Landcadia II, a listed company on New York’s Nasdaq market which is co-sponsored by Fertitta Entertainment, agreed a deal to acquire Fertitta’s GNOG [...]

1 min read
NetEnt

NetEnt applies to delist from Nasdaq Stockholm

The board of directors of casino supplier NetEnt has applied to delist the company’s shares from Nasdaq Stockholm as Evolution Gaming Group moves to complete its acquisition of the company.

NetEnt shareholders representing 93.9 per cent of shares and 97.3 per cent of votes accepted Evolution’s offer by the acceptance deadline [...]

1 min read
William Hill

Caesars aiming to complete William Hill acquisition in Q1

Caesars Entertainment is aiming to complete its acquisition of William Hill in the first quarter of 2021 after Thursday’s vote in favour of the transaction by William Hill shareholders.

Caesars’ proposed 272 pence per share offer was approved by more than 86 per cent of the votes cast at Thursday’s court [...]

2 mins read

Bally’s Corporation to acquire US sportsbook provider Bet.Works for $125m

New York-listed Bally's Corporation will significantly expand its sports betting and iGaming initiatives through a deal to acquire sportsbook technology platform Bet.Works for $125m.

The acquisition will enable Bally's to become a full-service, vertically integrated sports betting and iGaming company, with Bet.Works' proprietary technology currently live in New Jersey, Iowa, Indiana [...]

1 min read

Bally’s Corporation completes acquisition of Atlantic City casino

New York-listed casino operator Bally's Corporation (formerly Twin River Worldwide Holdings) has completed the acquisition of Bally's Atlantic City Hotel & Casino from Caesars Entertainment.

Following an initial agreement earlier this year, Bally’s has acquired the New Jersey casino for $25m, with the deal also enabling the company to rebrand most [...]

2 mins read
GAN

GAN agrees €149m deal to acquire Coolbet

New York-listed gaming supplier GAN is entering the B2C market through the acquisition of Vincent Group, operator of the Coolbet online betting and gaming brand.

The proposed acquisition will add more than 175 new employees to GAN and give the company a proprietary sports betting platform to drive growth in the [...]

1 min read
Sportech

Sportech sells Connecticut venue; expands in Denmark

London-listed gaming technology supplier and venues operator Sportech has agreed the conditional sale of its Sports Haven bar and grill and sports wagering venue in New Haven, Connecticut.

The sale is subject to due diligence and is expected to complete in the first half of 2021, with anticipated proceeds of $6.75m [...]

1 min read
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