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GVC Holdings

GVC completes platform migrations for all Ladbrokes Coral brands

London-listed betting and gaming operator GVC Holdings has completed the migration of all Ladbrokes Coral brands onto its proprietary technology platform.

The successful migration of the Ladbrokes brand completes the migration of all of the acquired brands following the acquisition of Ladbrokes Coral in 2018, with Ladbrokes joining the Coral, Gala [...]

3 mins read

Esports Entertainment agrees deal to acquire Argyll Entertainment

New York-listed Esports Entertainment Group has entered into an agreement to acquire LHE Enterprises, the holding company of online betting and gaming operator Argyll Entertainment.

Esports Entertainment has signed a binding Letter of Intent (LOI) to acquire Argyll Entertainment and its operating subsidiaries, which has been operating the UK and Ireland-facing [...]

2 mins read

Bragg Gaming Group agrees sale of GiveMeSport media division

Toronto-listed Bragg Gaming Group has entered into a definitive agreement to sell its media division, including GiveMeSport (GMS), to London-based sports digital media specialist SN&CK Media Ltd (SML).

After initiating a strategic review of its media division last August, Bragg Gaming has agreed to sell its media division for a total [...]

1 min read
Flutter Entertainment

The Stars Group-Flutter Entertainment merger to complete Tuesday

Listed gaming operators The Stars Group and Flutter Entertainment will complete their merger next week to create one of the largest betting and gaming businesses in the world.

The business combination is expected to complete on May 5 following last week’s approval by both sets of shareholders and receipt of remaining [...]

4 mins read
The Stars Group

The Stars Group and Flutter merger set to complete in May

Flutter Entertainment’s proposed combination with The Stars Group is expected to complete next month after receiving shareholder approval.

The Stars Group’s shareholders unanimously approved the proposal on Friday after Flutter Entertainment’s shareholders had similarly approved the £10bn deal earlier in the week.

Following recent approvals from the Irish Competition and Consumer Protection [...]

1 min read

Twin River acquires three casinos from Eldorado Resorts and Caesars

New York-listed casino operator Twin River Worldwide Holdings will expand its footprint into three additional US states through the acquisition of three land-based casinos from Eldorado Resorts and Caesars Entertainment.

Twin River has entered into an agreement with Eldorado Resorts to acquire Eldorado Shreveport Resort and Casino in Louisiana and the [...]

1 min read
Sazka Group

SAZKA subsidiary OPAP strengthens online operations with Stoiximan acquisition

European lottery and gaming operator SAZKA Group has received regulatory approval to acquire a majority stake in Stoiximan Group’s Greek and Cypriot businesses (SMGC).

The acquisition of the businesses currently operated by GML Interactive, which was first announced by SAZKA subsidiary OPAP in September 2018, will see OPAP acquire a 51 [...]

1 min read
Gaming Innovation Group

Betsson completes acquisition of Gaming Innovation Group’s B2C assets

Oslo-listed Gaming Innovation Group (GiG) has completed the sale of its customer-facing brands to operator Betsson.

Following an initial agreement in February, Betsson has acquired GiG subsidiary Zecure Gaming for €33m, including €2m as a cash deposit to secure GiG’s Spanish online casino license.

Zecure Gaming operates B2C brands including Guts, Kaboo, [...]

3 mins read

CMA approves Flutter Entertainment’s combination with The Stars Group

The UK’s Competition and Markets Authority (CMA) has given unconditional phase one clearance to Flutter Entertainment’s proposed combination with The Stars Group.

The CMA had launched a merger inquiry in early February to consider whether the £10bn merger will create a “substantial lessening” of competition within the United Kingdom for goods or services.

This [...]

2 mins read

Penn National Gaming sells real estate assets to relieve liquidity pressure

New York-listed Penn National Gaming has reached an agreement to sell the Tropicana Las Vegas real estate assets and the ground lease of its new Pennsylvania casino to Gaming & Leisure Properties (GLPI).

Penn National will receive $337.5m in rent credits from the transaction, helping to mitigate the financial impact of [...]

1 min read
Flutter Entertainment

Flutter suspends 2020 dividend; Ashkenazi drops out as COO

The boards of Flutter Entertainment and The Stars Group (TSG) have provided an update on their proposed merger, confirming the suspension of the combined group’s dividend for the current financial year and a new non-executive role for TSG chief executive Rafi Ashkenazi.

The companies said that the proposed merger is expected [...]

4 mins read

Gauselmann Group expands online presence with stake in Bede Gaming

German gaming giant Gauselmann Group has acquired a majority stake in UK-based iGaming platform provider Bede Gaming.

The acquisition is meant to expand Gauselmann's existing online presence while creating new opportunities for the company with the potential opening of the German iGaming market in 2021.

The deal will also provide [...]

1 min read
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