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Tokwiro sells AbsolutePoker & UB

The Cereus online poker network, formed by AbsolutePoker and UltimateBet in 2008, has been sold to Antigua based Blanca Games for an undisclosed sum. The acquisition includes the Cereus network, operating software and the AbsolutePoker and UB brands.

1 min read

Betfair eyes stake in Philippines betting exchange

Having made its first major move into the Asian gaming market last year with an agreement to provide IT solutions to Interactive Entertainment Solutions Technologies (IEST), operator of a betting exchange in the Philippines, Betfair has now been offered a 40 per cent stake in IEST worth US$15m by Philippines-based [...]

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Codere acquires Panama’s Fiesta casinos

Expanding the company's growing international presence, Spanish gaming group Codere S.A has completed the acquisition of Thunderbird Resorts Inc.'s 63.6 per cent stake in six casinos in Panama operating under the Fiesta Casino brand for a total consideration of US$38.0m.

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Scientific Games acquires GameLogic online platform

Scientific Games Corporation has strengthened its interactive offering for the regulated US gaming market through the acquisition of substantially all the assets of GameLogic Inc., including a suite of interactive games, online loyalty-program platform and other intellectual property.

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PartyGaming & bwin confirm proposed merger

PartyGaming plc and bwin Interactive Entertainment AG have today confirmed their long anticipated merger with bwin set to take a 51.64 per cent holding in the expanded business, with the merger expected to be completed in the first quarter of 2011 subject to a number of conditions including at least [...]

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UK National Lottery Commission approves Camelot sale

The UK National Lottery Commission has approved the sale of Camelot, operator of the National Lottery, to the Ontario Teachers' Pension Plan (OTPP) for £398m.

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888 enters social gaming space with $18m acquisition

Online gaming operator 888 has entered the social games space with an agreement to acquire a number of assets from Real Dice Inc for an initial consideration of US$18m, including the Mytopia social games development studio which the company said would form the cornerstone of its future social gaming and [...]

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NYX Interactive acquires online bingo operator Cashball

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.

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Churchill Downs and Youbet.com complete merger

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.

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Software developer BEToptions up for sale

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.

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Churchill & MI end Tracknet Media partnership

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).

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Orbis Technology Acquires Alphameric Solutions for £16m

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.

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