In an effort to expand its online poker offering which accounted for just 10% of total gross profit during the first quarter of 2010, Swedish gaming operator Betsson has announced the acquisition of Malta-based poker operator Betfriends.com.
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Online poker room PokerStars has announced that it has recently acquired three online poker information portals including PokerPages.com, the poker portal which was forced to close down at the end of last October.
The Ontario Teachers' Pension Plan, the largest single-profession pension plan in Canada, has agreed to acquire UK National Lottery operator Camelot Group plc for approximately £389 million, bringing an end to a sale process that began nearly a year ago.
Following the company's decision to exit the Italian retail sports betting market last year, UK bookmaker Ladbrokes plc said Monday that it has agreed to sell its Italian retail betting and gaming business to an affiliate of Cogetech S.p.A, one of Italy's leading online and land-based operators, for a total cash consideration of approximately €5.25 million.
Live TV gaming specialist NetPlay TV plc has agreed significant revisions to its agreement with Virgin Media Television signed last April, with NetPlay TV taking full control of the Challenge Jackpot database and terminating its share option agreement with Virgin Media in exchange for a fixed cash payment of £1.82 million.
At a special meeting convened yesterday, shareholders of U.S online horserace betting provider Youbet.com voted to approve the estimated $126.8 million merger with rival advance deposit wagering operator Churchill Downs Incorporated, in a deal which would enhance their combined presence in the U.S horseracing online wagering market.
Following the successful licensing of its Playscan player protection tool to La Française des Jeux last week, Sweden's Svenska Spel is to acquire the remaining rights and assets relating to the technology through the acquisition of Playscan AB.
The Auditor General for the Australian state of New South Wales is to review the sale process of NSW Lotteries amid complaints that Tatts Group was given preferential treatment and was the only company allowed to bid for unclaimed prize money, estimated at approximately AUD$200 million over the term of the forty year deal.
Australia's Tatts Group has seen off competition from both domestic and international gaming operators in a competitive bid to acquire New South Wales Lotteries, securing the acquisition and an exclusive 40-year licence to operate lotteries in the state.
With the company expecting turnover from its online and retail sports betting platforms to top €1 billion this year, French monopoly operator La Française des Jeux said in a statement Friday that it has acquired LVS, the British betting software developer which supplies FDJ with its fixed odds betting platform.
Two of South Africa's leading gaming operators, Gold Reef Resorts Limited and SABMiller owned Tsogo Sun Holdings Limited have announced the merger of their businesses, creating South Africa's largest gaming company with an expected market capitalisation of US$2.7 billion.