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Business
May 26, 2023
Kindred Said to Be Looking for Buyout Offers by End of May
Recent departures from the company, involving many of its C-level executives, including chief executive Henrik Tjärnström, have prompted many to wonder what is going on with Kindred Group. Some stakeholders have grumbled in private that Kindred’s ambitious plans to enter the sports betting space in the United States and run its own dedicated platform have […]
Industry
May 24, 2023
Whitezip and Markor Merge into Casimba Gaming
Whitezip, a renowned online marketing and software development agency, has announced a merger with Markor Technology, an acclaimed provider of PAM and aggregation services. The notable deal will see the two companies pair their capabilities to deliver even better gaming experiences. The newly-formed entity will be called Casimba Gaming. Founded upon Markor and Whitezip’s robust […]
Business
May 22, 2023
Paf to Acquire 888’s Latvian-Facing Businesses in a $31M Deal
The leading betting and gaming company that is globally recognized with its brands that include Mr Green, William Hill and 888, 888 Holdings Plc, announced it has come to an agreement to sell its Latvian-facing business. In a deal for some €28.3 million ($30.6 million), the company agreed to sell its Latvian business to Paf […]
Business
May 22, 2023
GLI Group Buys Out Remaining Shares in iTech Labs
Gaming Laboratories International (GLI) Group has completed a transaction for the remainder of shares in iTech Global, a gaming testing laboratory that will now significantly strengthen the company’s reach and expertise in the provision of sophisticated certification services for the sector. iTech to Continue Operating Under Its Own Brand Neither party has shared information about […]
Business
May 19, 2023
Light & Wonder Plans to Acquire All SciPlay Public Shares for $422M
The global gaming supplier that creates systems, content, and hardware connecting iconic titles across all channels has sent the proposal to the board of directors governing its social casino arm SciPlay Corporation. Provided the proposal will be received and accepted, SciPay would turn into Light & Wonder’s wholly-owned subsidiary. $20 per Share in an All-Cash […]
Business
May 15, 2023
Aristocrat Announces Its Milestone Acquisition of NeoGames
Aristocrat Leisure Limited’s recent announcement revealed details regarding the $1.2 billion deal and the company’s plans to implement the new technology within its existing offerings. NeoGames’ real money gaming (RMG) solutions showed significant potential to bolster Aristocrat’s market appeal across multiple jurisdictions. The global supplier’s stellar 2022 financials place it in the perfect position to […]
Industry
May 15, 2023
Fanatics to Acquire PointsBet USA in a $150M Deal
Global digital sports platform Fanatics has announced its decision to purchase PointsBet’s US assets, just as earlier reports had suggested. According to the official announcement, the former company will acquire the sports betting operator in a $150 million deal. The money will be paid in cash, as agreed by the two companies. At first, Fanatics […]
Industry
May 12, 2023
Fanatics Reportedly in Negotiations to Acquire PointsBet USA
Fanatics Sportsbook, the sports betting arm of the popular sports merchandise brand, is reportedly in talks to acquire the US business of the Australian sportsbook operator PointsBet. Sources Claim Negotiations Are Ongoing Fanatics is in advanced negotiations to acquire the US assets and operation of troubled sportsbook operator PointsBet, including its innovative “PointsBetting” apparatus, Sports […]
Industry
May 9, 2023
Betr Acquires FansUnite’s Chameleon Gaming Platform
Microbetting gambling startup Betr is making the headlines today after an announcement that it has acquired the Chameleon gaming platform from its owner, FansUnite Entertainment. In Line with the Business Model The acquisition of Chameleon is seen by Betr as key to its future growth, allowing it to integrate into its direct-to-consumer platform Chameleon’s full […]
Business
May 5, 2023
Kambi Group Plc, Next in Line for a Potential Takeover?
The Swedish provider of technology for the gaming industry might be next in line for a takeover, according to the freshest Eilers & Krejcik Gaming (EKG) research included in their most recent EKG Line report. Kambi Group Not Idly Waiting for a Potential Suitor According to EKG, Kambi’s repayment of the $8.3 million Kindred Group […]
