M&A
Gamesys and Bally’s shareholders approve mega-merger
Shareholders in Gamesys Group and Bally’s Corporation have voted to approve a mega-merger agreement between the two businesses that is set to create a leading…
To SPAC or not to SPAC: An insider’s view
Having used special purpose acquisition companies (SPACs) as to exit investments, Clairvest’s Mohit Kansal, Michael Andrisani and Michael Wagman explain why they are experiencing a…
Caesars completes £2.9bn acquisition of William Hill
Caesars Entertainment has finalized its acquisition of British gambling operator William Hill. Under the acquisition deal announced in September last year, Caesars agreed to pay…
Bally’s completes purchase of MontBleu Casino from Caesars
Bally’s Corporation has completed its previously announced acquisition of the MontBleu Resort Casino & Spa in Nevada from Caesars Entertainment. Located in Stateline, Nevada, the…
PointsBet to acquire betting supplier Banach Technology for $43m
PointsBet Holdings has announced that its Lockspell Limited wholly owned Irish subsidiary has entered into a binding agreement to acquire sportsbook solutions provider Banach Technology.…
FuboTV completes Vigtory acquisition
Sports-focused streaming platform FuboTV has completed its acquisition of sportsbook operator Vigtory. The company said its expected expansion into wagering and interactivity will further differentiate…
dMY shareholders to vote on Rush Street merger on 29 December
Special purpose acquisition company (SPAC) dMY Technology Group will hold a shareholder meeting on 29 December in order to approve its proposed reverse merger with…
Genius Sports Group acquires scoreboard data supplier Sportzcast
Sports data provider Genius Sports Group has agreed to acquire Sportzcast, a US sports data distribution system manufacturer. Sportzcast produced Scorebot, a program that delivers…
Flutter ups FanDuel stake to 95% in $4.18bn deal
Paddy Power Betfair and Pokerstars owner Flutter Entertainment has conditionally agreed to purchase a further 37.2% stake in US betting and daily fantasy sports brand…
Lottery.com to go public through SPAC combination
Lottery broker and information portal Lottery.com will go public on the Nasdaq exchange through a reverse merger with special purpose acquisition company Trident Acquisition Group…
Apollo Funds to acquire Great Canadian Gaming for CAD$3.3bn
Private equity giant Apollo Global Management has agreed to acquire land-based operator Great Canadian Gaming Corporation in a deal worth more than CAD$3.3bn (US$2.51bn). Under…
Acroud signs LoI to acquire US tipster company
iGaming affiliate business Acroud AB (formerly Net Gaming) has signed a letter of intent (LoI) to acquire an unnamed “fast-growing US tipster company” for an…
Caesars and William Hill jointly sponsor NFL’s Colts
Caesars Entertainment and William Hill have together signed a deal to become an official sports betting partner of the Indianapolis Colts, the first joint team…
Twin River Q3 earnings set to return to pre-pandemic levels
Twin River revealed the business took a step toward financial normality in the third quarter with revenue set to come in between $100m and $130m, as…