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M&A News

NYX Gaming Group completes £270m OpenBet acquistion

Toronto-listed gaming operator NYX Gaming Group has completed its £270m acquisition of OB Topco Limited, OpenBet's parent company, as well as completing the issuance of convertible shares to William HIll and Sky Betting & Gaming as part of each company's investment in the business.

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Ladbrokes-Coral may have to sell 400 shops to resolve competition concerns

The UK’s Competition and Markets Authority (CMA) has provisionally found that the merger between Ladbrokes and Coral may give rise to competition concerns, suggesting that the bookmakers will have to sell around 350 to 400 shops to resolve these concerns.

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Australia’s ASIC raises concerns over Ainsworth stake sale

The Australian Securities and Investment Commission (ASIC) has moved to block relatives of Ainsworth Game Technology (AGT) founder Len Ainsworth from voting in favour of NOVOMATIC’s proposed acquisition of his majority stake in the business.

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Intertain continues sale talks but open to “enhancing” alternatives in Europe

Intertain has confirmed that it has received a number of preliminary offers from third parties to acquire all of its shares or material business units, but added that it continues to explore a broad range of value enhancing alternatives including a greater exposure to European capital markets.

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World Poker Fund to acquire stake in Oklahma tribe’s iGaming assets

World Poker Fund Holdings (WPFH), the poker and entertainment business backed by rapper Soulja Boy, has signed an agreement to acquire a 49 per cent stake in Universal Entertainment Group (UEG), the online gaming subsidiary of the Iowa Tribe of Oklahoma.

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Sweden’s Cherry acquires iGaming operator ComeOn

Stockholm-listed gaming operator Cherry has agreed a deal to acquire a 49 per cent stake in Malta-licensed operator ComeOn, further strengthening its position in the Scandinavian iGaming market.

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Boyd Gaming acquires second North Las Vegas casino in $230m deal

US casino operator Boyd Gaming Corporation has followed up its acquisition of the Aliante Casino Hotel and Spa with a $230m deal for the Las Vegas assets of Cannery Casino Resorts.

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CVC Capital Partners acquires majority stake in Tipico

Private equity firm CVC Capital Partners has significantly expanded its gambling asset portfolio, signing a deal to acquire a majority stake in German-facing betting operator Tipico Group.

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Boyd Gaming acquires first casino property in North Las Vegas

US casino operator Boyd Gaming Corporation has finalised a definitive agreement to acquire ALST Casino Holdco, holding company of the Las Vegas-based Aliante Casino Hotel and Spa, for a total consideration of $380m.

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Sportradar

Sportradar acquires core assets of sportsman media holding

Sports data specialist Sportradar has acquired the shares and core business of sportsman media holding, the Munich-based sports media rights and marketing agency, in a bid to upgrade its audiovisual content portfolio.

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China’s LeidaSports secures Alibaba investment & agrees Sports Craze merger

Chinese sports data supplier LeidaSports has secured $1.5m investment from ecommerce giant Alibaba Group and investment firm Handnice Capital, with the company also set to merge with app developer Sports Craze.

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GSN Games snaps up mobile gaming platform developer Gamedonia

GSN Games has strengthened its range of technology solutions with the acquisition of Barcelona-based mobile games back end developer Gamedonia for an undisclosed sum.

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