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M&A News

Swintt expands portfolio with ELYSIUM Studios acquisition

Casino games provider Swintt has announced the acquisition of Stockholm-based slot developer Elysium Studios.

The acquisition will expand the range of games on offer to Swintt’s partner casinos, with ELYSIUM Studios famed for developing visual art and animation for hit games such as Red Tiger’s Dragon’s Luck slot.

In recent years, the [...]

2 mins read

SharpLink sells SportsHub fantasy sports and free-to-play businesses

SharpLink Gaming has sold its SportsHub fantasy sports and free-to-play game development businesses to RSports Interactive for $22.5 million.

SharpLink only acquired the SportsHub business just over a year ago, but said that the sale would significantly reduce its operating expenses and help the company achieve positive cash flow from its [...]

1 min read
Kindred office Stockholm

FDJ agrees SEK27.95 billion acquisition of Kindred Group

French lottery and gaming operator La Française des Jeux (FDJ) has made an SEK130 per share bid to acquire Kindred Group.

FDJ said the proposed acquisition of Kindred will establish a European gaming champion with an enhanced financial profile.

“I am pleased to announce today the proposed acquisition of Kindred,” said FDJ [...]

3 mins read

SOFTSWISS enters South Africa with majority stake in Turfsport

SOFTSWISS is expanding its international presence after acquiring a majority stake in South African gaming software provider Turfsport.

The acquisition enables SOFTSWISS to enter the South African market for the first time, with Turfsport’s horse racing, lottery and sports betting platform currently used by more than 40 operators in the market.

The [...]

2 mins read

Danske Spil sells majority stake in Swush.com to Ekstra Bladet

Danish state-owned gaming operator Danske Spil has agreed a deal to sell its majority stake in fantasy sports platform Swush.com to Danish newspaper brand Ekstra Bladet.

The sale includes the popular fantasy sports game Holdet.dk, which has around 190,000 users across Denmark, with the agreement subject to approval at Danske Spil's [...]

3 mins read
Gaming Innovation Group

Gaming Innovation Group completes KaFe Rocks acquisition

Gaming Innovation Group (GiG) has completed the acquisition of online casino affiliate KaFe Rocks for €35 million.

The acquisition was agreed in November and further diversifies the company’s GiG Media division, particularly in the North American market through the Time2play.com and USCasinos.com brands.

Building on the success of the AskGamblers acquisition, GiG [...]

2 mins read

Sun International eyes South African growth with Peermont acquisition

Sun International is targeting growth in the South African gaming market after entering into an agreement to acquire rival gaming and hospitality business Peermont Holdings for R7.3 billion (€359.6 million).

The transaction will increase the contribution of land-based and online gaming revenue to the combined group, with Peermont’s land-based casinos enhancing [...]

1 min read
XLMedia

No plans for sale of whole company, says XLMedia Board

Shares in iGaming affiliate XLMedia fell by more than 17 per cent in London early Friday morning after the company's Board revealed that it would not be undertaking a sale of the whole company.

After selling three of its European iGaming domains in July, XLMedia’s Board said it had explored the [...]

1 min read

Kings Entertainment exits online lottery sector

Kings Entertainment is exiting the online lottery sector after agreeing to sell its LottoKings and WinTrillions brands for CAD$175,000.

The company has entered into a share purchase agreement to sell its wholly owned subsidiaries, Legacy Eight Curacao, Azteca Messenger Services SA de CV and Phoenix Digital Services, to Ontario-based PM Legacy [...]

1 min read
Kindred office Stockholm

Kindred Group to exit North America as Board considers sale

Stockholm-listed online betting and gaming operator Kindred Group is pulling the plug on its US ambitions with a decision to exit the North American market.

Kindred will begin its withdrawal from the United States and Canada immediately and expects to complete the process by the end of the second quarter of [...]

2 mins read

Bragg shares surge as investor calls for strategic alternatives

Shares in Bragg Gaming Group gained almost 25 per cent on Wednesday after publication of an open letter calling for a potential sale of the business.

Jeremy Raper of Raper Capital published the letter as the second largest disclosed investor in the company with a beneficial interest in 375,000 shares.

In the [...]

2 mins read

Oddschecker acquires SuperScommesse from Catena Media

London-based affiliate Oddschecker Global Media (OGM) has confirmed that it has snapped up Catena Media’s Italian sports network SuperScommesse.

The acquisition consolidates Oddschecker’s position as a leading sports betting affiliate in Italy, complementing its existing media partnership with Italian daily newspaper La Gazzetta dello Sport and streaming service DAZN.

“As the growth [...]

2 mins read
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