Entain increases Enlabs bid to £315m, confident the endgame is approaching

Entain Plc have raised their acquisition offer for Baltic-facing Optibet operator, Enlabs, from £250m to £315m Entain Plc are more confident than ever with its new €365m/£315m cash Enlabs takeover offer. The moves comes after Enlabs rejected the gaming giant’s £250m bid back in January as shareholders that owned 10.7% of Enlabs said it “materially undervalues”…

SiGMA names CasinoMarketWatch its preferred partner for dedicated M&A Action page

The collaboration agreement follows the announcement that CEO Gianfranco Scordato will take on the position of Board Advisor and Head of Business Relationships management for SiGMA SiGMA Group, a leading media and events organisation for the gaming and tech industry, has entered into a collaborative agreement with CasinoMarketWatch, announcing them as their preferred partner for…

Entain looks to expand portfolio with huge acquisition

Entain are in discussions to acquire Australia’s biggest gambling company – Tabcorp’s Betting and Media arm The owners of Ladbrokes, Entain, are looking at the possibility of acquiring Australia’s number one betting and media business – Tabcorp.

Bally’s Corporation acquires fastest growing US gaming platform

Bally’s plans on combining MKF’s expansive geographical presence and Sinclair’s media footprint to conquer sports betting across the US The American Casino operator Bally’s Corporation has entered into a definitive agreement to buy Monkey Knife Fight (MKF), a fantasy sports operator.

Enlab investors reject Entain’s £250m bid

Entain’s £250m bid to acquire the Baltic-facing operator Enlabs rejected by investors holding 10.7% in the company

Element Partners acquires Allied Esports Entertainment’s World Poker Tour

The two companies have entered into an agreement for the total sum of $78,250,000 The global Esports entertainment company – Allied Esports Entertainment and Element Partners, a privately-held investment company, announced today that they have finalised an agreement that will see Element acquire the Allied Esports Entertainment Inc.’s poker-related business and assets, including the entities…

Entain’s value plummets by nearly £1bn as MGM walks away from takeover bid

The £8.09bn takeover battle with MGM and Entain has taken an ugly turn as Entain’s market cap fell sharply by 12.5% to £7.3bn after MGM drops out Entain’s shares plummeted 18% on the London Stock Exchange and the market cap fell by 12.5%, after MGM Resorts dropped its takeover interest. Just last week, the £8.09 billion…

Apollo Global Management acquires Great Canadian Gaming

Apollo Global Management acquires Great Canadian Gaming Corp. after approval from The Supreme Court of British Columbia The news was announced after the Canadian court approved the acquisition of Great Canadian Gaming Corp. by Apollo Global Management Inc. 

Hurricane Global Group breaks into the market after acquiring Duxcasino

Hurricane Global, an umbrella brand conceptualised to revolutionize the iGaming business has acquired DuxCasino The deal between these two gaming giants is targeted at providing players with a unique gaming experience while also increasing the companies’ revenue. Hurricane Global is focused on giving the gaming industry a facelift by combining top market connections with an…

NetEnt Malta layoffs on hold until hearing on 17 December

Following the General Workers Union declaration of an industrial dispute over the mass layoffs seen after Evolutions acquisition of NetEnt, the Maltese court has held off the redundancies until a hearing on 17 December Following  Evolution Gaming’s acquisition of NetEnt for SEK19.60bn/$2.30bn/€1.91bn, means to mitigate costs were expected which included the layoff of 324 employees in Malta.