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M&A News

NOVOMATIC and Sazka team up to take control of Casinos Austria

The fight to acquire Casinos Austria appears to have been resolved with the competing bidders, NOVOMATIC and Czech investment vehicles KKCG and Emma Capital, agreeing to combine their stakes in the partially state-owned gaming business via a new joint venture.

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NOVOMATIC set to acquire majority stake in Ainsworth Game Technology

NOVOMATIC has moved to strengthen its position in the Australian and US gaming markets by acquiring a majority stake in Australian gaming supplier Ainsworth Game Technology (AGT).

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Spain’s R Franco acquires controlling stake in Mediatech Solutions

Spanish land-based gaming solutions provider Grupo R Franco has acquired a majority stake in iGaming platform provider Mediatech Solutions, as part of a plan to develop a suite of innovative omni-channel products and services.

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Focus on proprietary platform sees Gaming Realms sell bingo assets

London-listed operator Gaming Realms has conditionally agreed to sell its website properties which are hosted on third party platforms for a total consideration of £2.9m, as it looks to focus on brands operating on its proprietary platform.

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Odobo enters M&A fray as owners look to exit

The owners of real-money HTLM5 platform provider Odobo are looking to sell the business, sources close to the process have told Gaming Intelligence.

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GSN Games acquires social casino studio Plumbee

GSN Games, the social gaming division of the Sony-owned Game Show Network, has acquired Shoreditch-based social casino studio Plumbee for an undisclosed amount.

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DraftKings expands combat sports coverage with Kountermove acquisition

Daily fantasy sports (DFS) giant DraftKings has acquired Kountermove, a provider of daily fantasy mixed martial arts (MMA), boxing, kickboxing and pro jiu jitsu competitions, as it looks to broaden its combat sports offerings.

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Amaya appoints Barclays Capital to advise on CEO takeover bid

Amaya has appointed Barclays Capital Canada as the exclusive financial advisor to its recently-established special board committee as it prepares to assess a takeover bid from its chief executive David Baazov.

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iTEAM Network rescues FantasyUp brand from insolvency

B2B daily fantasy sports (DFS) software supplier iTEAM Network has acquired the insolvent FantasyUp.com site, with the brand to be relaunched on the iTEAM platform and all money owed to existing players paid out.

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Amaya shares boosted as CEO Baazov prepares $2.8bn takeover bid

Amaya has seen its share price rise by almost a third today after chief executive David Baazov announced that he may bid to acquire the business outright, with the company establishing a special committee to review this and any other proposal to take over the business.

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SinglePoint moves into fantasy sports with GoDraft acquisition

Mobile marketing and payment technology solutions provider SinglePoint is set to move into the daily fantasy sports (DFS) market with an agreement to acquire a majority stake in real-money fantasy operator GoDraft.com.

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Exclusive: Paddy Power, Playtech and William Hill enter bidding war for £300m OpenBet

Paddy Power, Playtech, William Hill and two private equity houses are bidding for gaming technology supplier OpenBet.

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