Shares in Bragg Gaming Group gained almost 25 per cent on Wednesday after publication of an open letter calling for a potential sale of the business.
Jeremy Raper of Raper Capital published the letter as the second largest disclosed investor in the company with a beneficial interest in 375,000 shares.
In the [...]
London-based affiliate Oddschecker Global Media (OGM) has confirmed that it has snapped up Catena Media’s Italian sports network SuperScommesse.
The acquisition consolidates Oddschecker’s position as a leading sports betting affiliate in Italy, complementing its existing media partnership with Italian daily newspaper La Gazzetta dello Sport and streaming service DAZN.
“As the growth [...]
Catena Media has entered into agreements to sell its Italian online sports betting and casino affiliate assets for €19.8 million to two different buyers.
The divestments mark the company’s exit from the Italian market, with one of the transactions already completed and the other due to complete before the end of [...]
Sydney-listed gaming supplier Ainsworth Game Technology is undertaking a strategic review to maximise shareholder value.
Ainsworth confirmed Tuesday that it has appointed Macquarie Capital as its financial advisor to undertake a review of all potential opportunities available to the company.
“The strategic review will include a broad range of potential organic and [...]
New York-listed social casino and iGaming operator DoubleDown Interactive has posted a 7 per cent drop in revenue to $73.0 million for the third quarter of 2023.
The company attributed the decline to changes in player behaviour as a result of inflation and global economic concerns, as well as decreased marketing [...]
London-based sports media and betting operator LiveScore Group has taken over full ownership of Cape Town-based software development specialist Wonderlabz.
The acquisition accelerates the company’s product development capabilities as LiveScore targets expansion into new territories.
LiveScore previously held a 25 per cent stake in Wonderlabz, which played a significant role in developing [...]
Easygo-owned betting and gaming operator Stake has entered Colombia’s regulated iGaming market through the acquisition of Betfair Colombia from Flutter Entertainment.
The strategic acquisition marks a significant milestone in Stake's expansion strategy in Latin America and includes Betfair Colombia’s licence, which has been granted until 2025.
“Expanding into the Colombian market is [...]
Tokyo-listed Sega Sammy Holdings is set to enter the iGaming sector after signing a definitive agreement to acquire platform provider and operator GAN.
Sega Sammy will acquire GAN’s shares for $1.97 per share, equivalent to a premium of 121 per cent over the $0.89 closing price of GAN’s shares on Tuesday.
The [...]
Gaming Innovation Group (GiG) is set to expand its casino affiliation business through an agreement to acquire KaFe Rocks for €35 million.
The company will pay €15 million upfront in cash, as well as a further €20 million in four semi-annual payments over 24 months, with an added earn-out if specific [...]
Copenhagen-headquartered Better Collective is strengthening its affiliate marketing presence in the Americas with an agreement to acquire Playmaker Capital for a total consideration of €176 million.
The deal represents Better Collective’s second largest acquisition to date and comprises digital sports media brands with a combined monthly audience of more than 200 [...]
La Française des Jeux (FDJ) has completed its acquisition of Premier Lotteries Ireland (PLI), which holds the exclusive rights to operate the Irish National Lottery until 2034.
FDJ acquired PLI from the Ontario Teachers’ Pension Plan Board, An Post and An Post Pension Fund for €350 million, with the transaction approved [...]
Lottomatica Group has won the race to acquire Italian retail and online betting and gaming operator SKS365.
Lottomatica has entered into an agreement to acquire 100 per cent of the share capital of SKS365, which owns the Planetwin365 and PlanetPay365 brands, as well as a retail network of 1,000 sports betting [...]