London-listed spread betting and CFD provider London Capital Group (LCG) has proposed a capital reorganisation plan which will see investment company GLIO Holdings, which is chaired by CEO Charles-Henri Sabet, increase its stake in the business to more than 80 per cent.
Australia’s Takeovers Panel has concluded its investigation and accepted undertakings that the wife of Ainsworth Game Technology (AGT) founder Len Ainsworth will not vote on the proposed sale of his 53 per cent stake in the company.
German gaming operator mybet Holdings has completed the sale of its stake in horse racing betting business pferdewetten.de, but has been forced to cut its predicted revenue for 2016 as a result.
London-listed Velox3 has conditionally agreed to acquire Sheltyco Enterprises Group, which specializes in marketing and promotion activities for third party gaming operators including Betsson’s Betsafe, for a consideration of £10.9m.
UK-headquartered payments services provider SafeCharge International Group has sold its five percent minority stake in German based financial services technologies company FinTech Group.
Sky Betting and Gaming has agreed to acquire CORE Gaming, the Solihull-based developer which has served as a key development partner of the operator since 2014.
German gaming operator mybet Holding has agreed to sell off its entire stake in pferdewetten.de AG, the Malta-licensed horse racing betting business.
London-listed technology investor FastForward Innovations has completed the second stage of its investment in Leap Gaming, increasing its stake in the virtual sports and casino developer to 41.15 per cent.
US casino operator Boyd Gaming Corporation has entered into an agreement to sell its 50 per cent holding in New Jersey’s Borgata Hotel Casino & Spa to MGM Resorts International in a $900m deal.
Just over a week after finalising its acquisition of OpenBet, NYX Gaming Group has agreed its second major purchase of 2016 with a deal to buy UK-based technology and content provider Betdigital.
Playtech has strengthened its casual gaming division with the acquisition of film and television-based gaming business Funtactix, as part of a strategy to significantly boost its share of the market.
Private equity firm CVC Capital Partners has acquired Italian gaming operator SISAL Group in a €1bn transaction.