Sweden's NYX Interactive has announced the acquisition of Cashball Ltd, owner and operator of Spanish online bingo brand Bingole.com, for an undisclosed fee from Bonnier Lottery, a subsidiary of Swedish media giant Bonnier Group.
Churchill Downs Incorporated (CDI) and Youbet.com Inc. announced the completion of their merger Wednesday, with work now underway to integrate their Twinspires.com and Youbet.com advance deposit wagering businesses.
Australia's BEToptions Ltd, the developer of race and sports betting solutions, has said that it is looking for interested parties to acquire the business after loosing the backing of a major shareholder.
Churchill Downs and MI Developments are to dissolve their Tracknet media venture after three years of operation, with each party taking over their respective racetrack content agreements, although they remain partners in HorseRacing TV (HRTV).
NDS Group's wholly owned subsidiary Orbis Technology has entered into a conditional agreement to acquire Alphameric Solutions Limited (ASL), a provider of integrated software and hardware technology to UK bookmakers including the likes of Ladbrokes, William Hill and the Tote, for a total cash consideration of £15.5m.
Bingo.com Limited has announced the closing of a private placement with Swedish online gaming operator Unibet Group plc worth a total of US$2.25m, representing a 25.9 per cent share of Bingo.com.
In an effort to expand its online poker offering which accounted for just 10% of total gross profit during the first quarter of 2010, Swedish gaming operator Betsson has announced the acquisition of Malta-based poker operator Betfriends.com.
Online poker room PokerStars has announced that it has recently acquired three online poker information portals including PokerPages.com, the poker portal which was forced to close down at the end of last October.
Following the company's decision to exit the Italian retail sports betting market last year, UK bookmaker Ladbrokes plc said Monday that it has agreed to sell its Italian retail betting and gaming business to an affiliate of Cogetech S.p.A, one of Italy's leading online and land-based operators, for a total [...]
At a special meeting convened yesterday, shareholders of U.S online horserace betting provider Youbet.com voted to approve the estimated $126.8 million merger with rival advance deposit wagering operator Churchill Downs Incorporated, in a deal which would enhance their combined presence in the U.S horseracing online wagering market.
The Auditor General for the Australian state of New South Wales is to review the sale process of NSW Lotteries amid complaints that Tatts Group was given preferential treatment and was the only company allowed to bid for unclaimed prize money, estimated at approximately AUD$200 million over the term of [...]
With the company expecting turnover from its online and retail sports betting platforms to top €1 billion this year, French monopoly operator La Française des Jeux said in a statement Friday that it has acquired LVS, the British betting software developer which supplies FDJ with its fixed odds betting platform.[...]