merger
Bally’s completes $2.7bn merger with Gamesys Group
Bally’s has completed its merger with online gambling operator and content developer Gamesys Group following final court approval. The boards of the two businesses agreed…
Fertitta amends SPAC merger terms ahead of listing
Fertitta Entertainment has amended the terms of its merger with a special purpose acquisition company (SPAC), reportedly increasing the enterprise value of the combined entity…
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…
Betway owner Super Group set for US listing with $4.75bn SEAC merger
Super Group, the holding company of online sports betting and gambling operator Betway, has entered into a definitive agreement to merge with special purpose acquisition…
Bally’s raises $671.4m via share offering to fund Gamesys acquisition
Casino operator Bally’s Corporation has raised $671.4m through a share offering, with the funds to be used to partially finance its acquisition of Gamesys Group.…
Allied Esports determines Bally’s bid “superior” to Element agreement
The board of directors of Allied Esports Entertainment has determined that a proposal put forward by Bally’s Corporation to acquire Allied’s poker-related assets is a…
Caesars set to complete William Hill acquisition by 1 April
Caesars expects to complete its proposed acquisition of William Hill by 1 April after the bookmaker confirmed all necessary regulatory approvals should be obtained in…
Skillz to go public on NYSE through SPAC
Mobile gaming platform Skillz Inc will go public on the New York Stock Exchange through a merger with special purpose acquisition company Flying Eagle Acquisition…
State of the Union: DraftKings, Covid-19, Puerto Rico and more
This week’s State of the Union, in partnership with Segev LLP, includes DraftKings’ first financial statements since its merger with SBTech and public listing on…
FansUnite completes Askott acquisition
Canadian igaming operator and technology provider FansUnite Entertainment has completed the acquisition of white label solutions provider Askott Entertainment for CAD$27.8m (USD$20.7m) in FansUnite shares.…
Rush Street Interactive to go public on NYSE
Rush Street Interactive (RSI) is set to be the latest US online gambling operator to go public after agreeing a reverse merger with special purpose…
Bally’s Las Vegas resumes operations
Caesars Entertainment-owned Bally’s Las Vegas resumed its gaming and hospitality operations yesterday, July 23. Bally’s represents Caesars’ latest Las Vegas reopening, following on from Caesars…
DraftKings and Kambi to cooperate for Q3 2021 tech migration
Daily fantasy and sports betting operator DraftKings and B2B sports betting supplier Kambi have reached an agreement to cooperate on DraftKings’ migration from Kambi’s back-end…
Eldorado completes mega-merger with Caesars
Eldorado Resorts has completed its acquisition of, and subsequent merger, with Caesars Entertainment Corporation, in a deal that creates the largest casino and entertainment business…