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M&A News

Lottomatica completes acquisition of SKS365

Leading Italian betting and gaming operator Lottomatica Group has completed the acquisition of SKS365.

Lottomatica entered into a deal last November to acquire SKS365, which owns the Planetwin365 and PlanetPay365 brands, as well as a retail network of 1,000 sports betting shops across Italy.

Following completion, Alexander Martin will step down as [...]

2 mins read
Aristocrat Leisure

NeoGames and Aristocrat set to complete business combination next week

Sydney-listed Aristocrat Leisure is on course to complete its business combination with NeoGames next week.

The two companies confirmed Thursday that all necessary gaming regulatory approvals required for completion have been received or waived. In addition, all antitrust and foreign investment regulatory clearances have been received.

This marks a further step towards [...]

2 mins read

Games Global eyes public listing with New York IPO

Casino content supplier Games Global is proposing a public listing of its ordinary shares on the New York Stock Exchange (NYSE).

The supplier has publicly filed a registration statement on Form F-1 with the US Securities and Exchange Commission (SEC) relating to a proposed initial public offering (IPO) of its ordinary [...]

1 min read

SOFTSWISS acquires stake in social casino operator Ously Games

iGaming software provider SOFTSWISS is expanding into the social casino space after acquiring a stake in Frankfurt-based Ously Games, operator of the SpinArena social casino.

As part of the investment, SOFTSWISS will work with Ously Games to develop a new B2B software solution for social casinos.

“We are delighted to forge a [...]

2 mins read

BetMakers acquires Racelab and amends betr supply deal

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 [...]

1 min read
BlueBet

BlueBet and betr to merge to create leading Australian operator

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 [...]

1 min read

Golden Matrix completes MeridianBet acquisition

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 [...]

2 mins read

CMA says Spreadex acquisition of Sporting Index creates monopoly

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 [...]

1 min read
Fanatics

Fanatics completes PointsBet US acquisition

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 [...]

2 mins read

OpenBet owner Endeavor to be taken private in $13 billion deal

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 [...]

5 mins read
XLMedia

Gambling.com completes acquisition of XLMedia’s affiliate assets

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 [...]

3 mins read

Bally’s shareholders urged to pursue break up strategy over chairman’s bid

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 [...]

5 mins read
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