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Business
May 5, 2023
Operators Show Interest in Acquiring Gambling Startup Betr
Over the last decade, the popularity of sports betting has grown exponentially. With the introduction of mobile betting options, more sports fans and gamblers engaged in placing wagers on their favorite teams. Not unexpectedly, the global sports betting market is only set to grow further and expand, which helped draw in new operators. Betr is […]
Sports
May 4, 2023
Morgan Stanley: Top Five Sportsbook Operators to Grow via Acquisitions
After expressing their belief that gambling in Macau is on the right track for recovery thanks to optimistic 2023 estimates, gambling experts at Morgan Stanley have made fresh speculation on the rising number of sportsbook-related deals that will be sealed in 2023 and beyond. In a note issued to their clients, the analysts working for […]
Business
May 4, 2023
FansUnite Agrees to Sell Subsidiary McBookie for $4M
The global entertainment and sports company focused on delivering technology for online gambling operators, FansUnite, announced it has entered into a definitive agreement for the sale of its wholly-owned subsidiary, McBookie. Details about the new transaction emerged earlier this week and see FansUnite sell the business “to an arm’s length third-party” in a deal with […]
Business
April 25, 2023
Yahoo Integrates Wagr into Yahoo Sports
Yahoo has announced the acquisition of Wagr, a social sports betting app. This major development is in line with Yahoo Sports’ efforts to create exciting betting and fantasy products for sports aficionados. Wagr excels in mobile-first content and uses its customers’ experience to keep on improving its products. Now, this cutting-edge company will be fully […]
Industry
April 17, 2023
SEGA to Acquire Angry Birds’ Developer Rovio, Tables a €706m Bid
Video games manufacturer SEGA Sammy Holdings Inc. submitted a €706 million ($776 million) bid to acquire mobile games developer operating out of Finland, Rovio Entertainment. Accelerate Mobile Gaming Footprint Japanese-based game company SEGA Sammy announced today that its UK subsidiary, SEGA Europe Limited, has entered into a definitive agreement and submitted a tender offer to […]
Business
April 14, 2023
Better Collective Deepens Moat with Skycon Limited Acquisition
Digital sports media group Better Collective has acquired Skycon Limited, a British global display advertising company, in a $57 million deal (converted to USD). The new acquisition will help the former company cement its leading position in sports media, helping it improve its advertising efforts. Skycon Limited was founded in 2017 and is a Newcastle-under-Lyme-based […]
Industry
April 13, 2023
PointsBet Reportedly Seeking to Sell Its Business in the US
PointsBet, one of the smaller players on the US sports betting scene, hired the services of financial advisory services firm Moelis & Co, seeking to explore potential opportunities for the sale of its US arm. Divesting PointsBet US The appointment of the agency specialized in providing strategic advice to corporations, governments and financial sponsors is […]
Industry
April 13, 2023
Blexr Grows Its Business with ThePOGG Acquisition
Top-performing marketing company Blexr has reinforced its business through the acquisition of The Players Online Gambling Guide (ThePOGG), a British affiliate site. The former company noted that the new deal will help it expand its portfolio and business-to-business products. We’re thrilled to announce that we’ve acquired this top-rated UK-based website and premium alternative dispute resolution […]
Industry
April 12, 2023
IMG ARENA Wraps Up Leap Gaming Acquisition
Sports betting data specialist IMG ARENA has concluded its acquisition of the high-end virtual games provider Leap Gaming. The agreement was originally announced in December 2022 and is expected to further popularize the former company. By acquiring Leap Gaming, IMG ARENA has also acquired the company’s cutting-edge games and solutions, including its 3D motion capture […]
Business
April 12, 2023
Everi Enhances Games and Fintech Solutions with Acquisition of Video King
Everi Holdings Inc., a major provider of casino gaming products and services, has agreed to purchase certain assets of Video King, a top provider of integrated electronic bingo gaming devices and systems for $59 million. The acquisition is expected to be immediately beneficial to the company’s earnings and cash flow. Video King Licenses in 60 […]
