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Business
June 21, 2024
Boyd Gaming Eyes Penn Entertainment, Considers Acquisition
US casino powerhouse Boyd Gaming has reportedly approached fellow casino giant Penn Entertainment with an acquisition proposal. People familiar with the matter told Reuters that this could be the biggest casino merger in the US since Eldorado Resorts $17.3 billion acquisition of Caesars Entertainment. Following Reuters’ report, Penn’s shares experienced an increase of 8% to […]
Business
June 17, 2024
GiG Sets Out to Acquire SEO Specialist Titan, Considers Bond Tap Issue
Gaming Innovation Group (GiG), a leader in iGaming marketing and media, announced that it has signed a head-of-terms agreement to acquire Titan, a provider of SEO and content services. According to the former company, this acquisition will significantly enhance its operational efficiency and market position. GiG explained that the agreement would reduce costs and bolster […]
Business
June 11, 2024
Adventure Box to Acquire Lion Gaming in $45M Deal
Adventure Box Technologies, an online game maker platform, announced that it has signed a Letter of Intent (LOI) for the acquisition of Lion Gaming Group, a Canadian gaming and betting services specialist. The transaction aligns with the former company’s ambitious growth plans and marks its foray into the world of iGaming. Lion has a projected […]
Business
June 3, 2024
FanDuel Finally Acquires BeyondPlay, Names CEO Pelc as VP
The news that Flutter’s sports betting and fantasy sports brand, FanDuel, decided to acquire next-gen engagement software company BeyondPlay first emerged to the public at the beginning of the year. At the time, while expressing excitement about the announcement, FanDuel Casino managing director Asaf Noifeld (former PokerStars director) did not comment on role distribution. Now […]
Business
June 3, 2024
GiG to Acquire Casinomeister in a $3.25M Deal
Gaming Innovation Group, a leading gambling affiliate and iGaming platform provider, has announced its strategic acquisition of Casinomeister, a casino advocacy and review platform. The new acquisition will reinforce GiG’s business, cementing its commitment to providing better player services to its iGaming partners. According to the announcement, GiG will purchase Casinomeister in a €3 million […]
Sports
May 28, 2024
DraftKings to Venture into Micro-Betting as Simplebet Acquisition Buzz Grows
It appears that DraftKings, a major player in sports betting and online gaming, may be broadening its horizons with rumors circulating about an imminent purchase of Simplebet, a provider renowned for its micro-betting services. People close to the situation allege negotiations are ongoing with the price said to be ranging anywhere from $120 million to […]
Business
May 20, 2024
Hard Rock Eyes Acquisition of Star Entertainment
Star Entertainment, one of the largest gambling operators in Australia, was tangled into a prolonged investigation over alleged breaches related to anti-money laundering rules, among other issues. Amid the regulatory hurdle, the operator remains subject to scrutiny. Government-appointed managers seek to ensure compliance of the operator’s casinos, while back in March, the company announced leadership […]
Business
May 17, 2024
Better Collective Expands UK Foothold with €42M AceOdds Acquisition
The digital sports media group, Better Collective, announced it successfully completed the acquisition of AceOdds, a leading UK sports betting media brand. The group confirmed that the acquisition with a price tag of €42 million ($45.5 million) was completed Thursday. The price tag of the acquisition represents a 4x premium on the last 12 months’ […]
Business
May 17, 2024
Gaming and Leisure Properties Acquires Three Casinos for $105M
Gaming and Leisure Properties, Inc. (GLPI) recently announced it has acquired three casinos in South Dakota and Nevada for a total of $105 million. The properties include the Silverado Franklin Hotel & Gaming Complex and the Deadwood Mountain Grand in Deadwood, South Dakota, as well as Baldini’s Casino in Sparks, Nevada. This move is the […]
Business
May 15, 2024
Emmett Voices Concerns over PlayAGS Acquisition by Brightstar
Earlier this month, AGS (PlayAGS), the leading company offering a range of gaming experiences powering the gambling industry across the globe, confirmed it entered into a definitive agreement for an acquisition by affiliates of Brightstar Capital Partners (Brightstar). Brightstar offered a price of $12.50 per share, representing a 40% premium on AGS’ closing stock price […]
