BetMakers Technology Group has announced the acquisition of Queensland-based racing wagering technology provider Racelab Global, while also agreeing improved terms to its services and platform deal with betr.
BetMakers will pay a total consideration of AUD$1.5 million in cash to acquire the business, with a clawback of up to $500,000 dependent [...]
Sydney-listed BlueBet Holdings has agreed a deal to merge with betr to create a leading Australian online sports betting company.
BlueBet will acquire betr’s wagering business by way of an asset purchase and will issue 265.4 million fully paid ordinary shares to betr shareholders, equivalent to around 56.9 per cent of [...]
New York-listed Golden Matrix Group has completed its acquisition of Malta-based betting and gaming operator MeridianBet.
Golden Matrix initially agreed a deal in January 2023 to acquire the business for $300 million, comprising $70m in cash and 65.3m common shares in Golden Matrix, based on an agreed price of $3.50 per [...]
The UK’s Competition and Markets Authority (CMA) said Thursday that Spreadex’s acquisition of the B2C business of Sporting Index raises competition concerns, with the two companies given five working days to address the CMA’s concerns.
Spreadex completed the acquisition of Sporting Index from La Française des Jeux (FDJ) subsidiary Sporting Group [...]
Fanatics Betting and Gaming (FBG) has completed its acquisition of PointsBet’s online betting and gaming business in the United States.
The deal was agreed in June 2023 and gives FBG control of PointsBet’s sports betting, advance-deposit wagering and iGaming operations in the US, as well as its Banach Technology subsidiary, a [...]
OpenBet and IMG Arena owner Endeavor Group Holdings has entered into a definitive agreement to be acquired by American private equity firm Silver Lake.
Silver Lake will acquire 100 per cent of the outstanding shares it does not already own, other than rolled interests, with Endeavor stockholders receiving $27.50 per share [...]
Gambling.com Group has completed its previously announced acquisition of XLMedia’s European and Canadian sports betting and gaming affiliate assets.
The acquisition includes the Freebets.com site and follows the payment of an initial cash instalment of $20.0 million, with an additional $10.0 million to be paid on the six-month anniversary of closing.
A [...]
Bally’s shareholders are being urged to reject the $15 per share takeover offer from Standard General in favour of a strategy that would sell off a number of the company’s assets.
K&F Growth Capital, which owns less than one per cent of the shares in Bally’s Corp., describes the offer from [...]
Canadian payment provider Nuvei Corporation has entered into a definitive agreement to be taken private by Boston-headquartered private equity firm Advent International.
Advent will acquire all the issued and outstanding subordinate voting shares of Nuvei, and any multiple voting shares that are not rollover shares, for US$34.00 per share in cash, [...]
888 Holdings has completed the review of its consumer business in the United States with a deal to sell its assets to Hard Rock Digital.
The company said Thursday (28 March) that it has agreed a deal to sell selected US B2C assets to Hard Rock Digital, although it did not [...]
Gambling.com Group has reported a 42 per cent increase in revenue to $108.7 million for 2023, benefiting from a record fourth quarter performance.
Revenue in Q4 rose 52 per cent to a quarterly record $32.5 million, with North American revenue more than doubling to $20.3 million.
During the quarter, the company delivered [...]
XLMedia has entered into an agreement to sell its Europe and Canada sports betting and gaming affiliate assets to Gambling.com for up to $42.5 million.
XLMedia has been exploring opportunities to create shareholder value through further asset sales, and has now agreed a sale of affiliate brands including Freebets.com, WhichBingo.co.uk, Nettikasinot.com [...]