Friday, September 18, 2020

Tag: Acquisition

Greentube acquires majority of outstanding CashBet Coin

Michael Bauer Greentube CashBet Coin acquisition
Greentube, the Novomatic Interactive division, has completed the acquisition of the majority of CashBet Coin CBC cryptocurrency and its underlying.

JPJ heads to the FTSE with £490m Gamesys acquisition

Jackpot Joy Gamesys acquisition
Jackpot Joy has agreed to buy a majority stake in its tech supplier, Gamesys, for £490m - a deal which will see its valuation jump by 50 percent

AMGO iGaming AB to acquire Jetbull, the EveryMatrix B2C brand

Everymatrix Jetbull AMGO
EveryMatrix has signed a €2m purchase agreement with AMGO iGaming AB for the acquisition of its Jetbull B2C brand. Starting 1 July 2019, AMGO will get full ownership of Jetbull and has already started the transition phase to operate and manage the brand. Operating on the EveryMatrix white label platform, Jetbull is a gaming brand that offers competitive casino and sportsbook....

Wynn withdraws $7bn Crown bid, for now

Wynn Crown bid
Premature leaks moved Wynn to retract its $7bn bid for Crown, but with both firms keen to move on from their former dynasties, analysts and shareholders..

Red Rake Gaming acquires UKGC remote gaming licences

Red Rake Gaming, UKGC, remote gaming licences, acquisition
The Spanish based games developer has just secured a Remote Gambling Software License granted by the United Kingdom Gambling Commission enabling them to offer its premium content to the UK market.

Red Rake Gaming has started the new year in the best possible way...

Stratagem acquired by Blockchain.com as part of cryptocurrency sector expansion

stratagem, BLOCKCHAIN
Cryptocurrency-based trading platform Blockchain.com has acquired sports betting data firm Stratagem for an undisclosed sum as part of a drive to “build an entirely new financial system.” The Luxembourg-based platform will incorporate the firm’s AI

Sky Betting reshuffles executive deck as Stars Group takeover approved

STARS GROUP acquisition jpg
Sky Betting and Gaming has announced the appointment of Ian Proctor as CEO, ahead of its $4.7bn integration into The Stars Group, following CMA approval. The former CFO of the Leeds-based operator will take over the role from Richard Flint…

SG enlarges sports betting data provision with Don Best acquisition

SCIENTIFIC GAMES, ACQUISITION, sports betting
Scientific Games has announced the acquisition of US real-time sports betting data supplier Don Best Sports Corporation as an addition to its new Sportsbook Operations team. The firm, which has established over 100 international sportsbook partnerships...

Tabcorp first on line in long-awaited Western Australian TAB sale

IGT 170 APAC DPS TABCORP
Tabcorp has expressed an intention to purchase the Western Australian TAB, following the state government’s decision to sell the business in a deal estimated to be worth $353m. The operator submitted a proposal to the Department of the Treasury after…

LeoVegas acquires controlling share of Pixel as esports focus grows

IGT 169 BETTING BUSINESS ESPORTS LEOVEGAS
LeoVegas has acquired 51 percent of Pixel Holding Group, owner of esports betting operator Pixel.bet, for $1.7m. The deal, negotiated through the Swedish online casino company’s investment arm LeoVentures Ltd, is set to expand the Malta-headquartered…

Processing.com powers 1xBet with Convergent Acquiring

football
Innovative, global payment solutions provider delivers optimised approval ratios and conversions for leading online gaming company. Processing.com has rolled out its innovative acquiring solution to the world’s third largest online Sportsbook and casino…

Catena Media enters Italian sports betting market by acquiring ASAP Italia

Sports betting
Catena Media plc is acquiring Italy’s market-leading sports news and lead-generator, company ASAP Italia. The acquisition adds the country’s largest lead generator to Catena Media’s portfolio and entails the company taking a major stake in the Italian market.

Unikrn acquires CME in preparation for cryptocurrency integration

Unikrn
Unikrn has acquired Counter Strike: Global Offensive competition platform ChallengeMe.GG as part of an integration of its UnikoinGold cryptocurrency. The esports operator purchased the multi- player video title platform following a $31.4m ICO in September

Playtech strengthens its hand in Italy with B2C acquisition

Italy football
Playtech is upping its stake in Italy, now Europe’s largest gaming market, with the acquisition of local retail giant, Snaitech. The move would lift EBITDA by over a third, and push regulated sales up to 78 percent of the new group’s total. One of Italy’s…

Proposed acquisition of Snaitech S.p.A by Playtech plc for €846m

roulette wheel
The Board of Playtech plc has announced its reached an agreement with certain shareholders of Snaitech S.p.A to acquire approximately 70.6 per cent of the issued share capital of Snaitech. Upon completion of the initial acquisition, Playtech will be required to make a mandatory takeover offer for all the remaining shares in takeover offer. Completion of the Initial Acquisition is subject...

Sportradar US acquires AI start-up MOCAP Analytics

mocap analytics
Sportradar US has acquired MOCAP Analytics, Inc, in a bid to “combine Sportradar’s leadership in sports data with MOCAP’s expertise in AI-powered data storytelling”, the former said in a statement.   As the US edges closer to allowing more states  the option of sports betting, the two companies are expected to develop player-tracking data products to engage NBA, NFL and other...

NEKTAN PLC acquires Betfred founder’s marketing firm

BBi Betfred marketing
NEKTAN PLC has announced the acquisition of Nektan Marketing Services in a deal with Fred Done of Betfred and Warren Jacobs  of ActiveWin Media.   The joint venture between Done, Jacobs and NEKTAN PLC, which was first announced in September 2015, will Nektan Marketing Services trade as a platform to combine NEKTAN’s gaming technology with Jacobs and Done’s acquisition and retention...

Game Lounge expands into Germany & UK through acquisition

Betting Business, Game Lounge, Cherry, Interclick
Game Lounge, owned by Cherry, has signed an agreement to acquire the assets of the affiliate company Interclick Limited for a price of $1.5m (€1.3m). Interclick Limited has been active within the German and UK markets for the past 14 years and Game Lounge acquires more than 40 domains and affiliate accounts through the acquisition.   In addition to incremental earnings,...

GVC Holdings ready to “take the group to the next level”

GVC Holdings Kenny Alexander
GVC Holdings has reported ten per cent increases in annual revenues and earnings.   Fresh from completing its purchase of rival bwin.party in February, online gambling firm GVC Holdings has released its preliminary financial results for 2015 showing a ten per cent increase year-on-year in net gaming revenues to E248m ($283.8m). The Isle Of Man-based firm reported that annual clean earnings before...

Cherry acquires ComeOn

Cherry Fredrik Burvall
Online and land-based casino operator, Cherry AB has signed an agreement to acquire 49 percent of shares in Come On Malta, with an option to acquire the remaining 51 percent. A leading company in the rapidly expanding online gaming market on desktop, tablet and mobile, ComeOn’s offering complements Cherry with well-known brands and strong positions, predominantly in the online casino...

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