Sydney-listed gaming supplier Aristocrat has failed in its bid to acquire Playtech after its proposal was unable to secure the required shareholder approval needed to progress the transaction.
Playtech convened a Court Meeting and General Meeting earlier Wednesday in connection with Aristocrat’s recommended £6.80 cash offer.
The total votes in favour of [...]
A group of unknown Playtech shareholders look set to scupper Aristocrat’s bid to acquire the London-listed gaming supplier and operator.
Playtech shareholders are due to vote on the Aristocrat bid today (Feb. 2), with both companies pre-emptively announcing that they do not expect the proposal to pass.
In a statement Wednesday morning, [...]
Sydney-listed online sports betting operator BlueBet Holdings has reported a 55 per cent increase in turnover to a record AUD$138.6m for its financial second quarter ended 31 December.
The strong year-on-year turnover growth followed a record performance during Melbourne Cup week in November, as weekly turnover climbed 62 per cent year-on-year [...]
Sydney-listed betting and gaming operator PointsBet has recorded strong growth for its financial second quarter ended 31 December, with net win climbing 73 per cent to AUD$77.3m.
Turnover from PointsBet’s Australian and US sports betting businesses grew by 11 per cent year-on-year to $1.33bn during the quarter, with Australian turnover increasing [...]
Sydney-listed lottery provider Jumbo Interactive has expanded its presence in the UK lottery market through an agreement to acquire external lottery manager StarVale in a potential AUD$40.6m (approx. £21.5m) deal.
The acquisition aligns with Jumbo’s strategy to build scale in its Managed Services and Software-as-aService (SaaS) business segments, with Lancaster-based StarVale [...]
The latest annual report from the International Betting Integrity Association (IBIA) reveals that there were 236 reported cases of suspicious betting activity in 2021, with football at a record high of 66 alerts.
The annual figure marks a 13% reduction on the 270 cases reported in 2020 and cover 13 [...]
Sydney-listed PointsBet has become the latest operator to launch an online sportsbook in New York State.
PointsBet went live with its new sports betting product in the state last night, becoming the sixth of the nine previously approved online sportsbooks to launch in New York State, following in the footsteps of [...]
Flutter Entertainment-owned online poker giant PokerStars has struck an exclusive partnership with Red Bull Racing ahead of the 2022 Formula 1 season.
The multi-year global partnership will see the operator's brand feature on the RB18 race car and race suits, encompassing PokerStars’ full offering of casino, poker and sports betting products.
“Following [...]
Sydney-listed operator PointsBet Holdings is set to launch in Pennsylvania's regulated sports betting and iGaming market having secured license approval from the Pennsylvania Gaming Control Board (PGCB).
PointsBet will operate in the market in partnership with casino operator Penn National Gaming, and will leverage its exclusive sports betting partnership with NBC [...]
London-listed betting and gaming operator Entain has reported a 7 per cent increase in group net gaming revenue (NGR) for 2021, with full year EBITDA of between £875m and £885m.
The operator enjoyed a solid performance during the final quarter of the year as NGR rose 4 per cent, buoyed by [...]
Shay Segev has been named as sole CEO of DAZN Group, as the company looks to introduce additional fan engagement services such as betting and e-commerce to its live sports streaming platform.
DAZN has implemented a new group structure and confirmed leadership changes that will enable the business to realise its [...]
New Zealand's racing and sports betting agency TAB NZ has appointed Mike Tod as its next chief executive.
Tod will begin his new role on 21 March, with the appointment completing the New Zealand Racing Board and the Racing Industry Transition Agency's transition to TAB NZ.
Tod brings a wealth of experience [...]