Mergers

19th November 2020

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…

6th October 2020

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…

29th July 2020

HeadsUp resurfaces with igaming acquisition in “final stages”

HeadsUp Entertainment – the former owners of the Canadian Poker Tour – said it is in the “final stage” of negotiations to acquire an online betting and…

13th July 2020

Eldorado-Caesars to sell trio of IN casinos to complete merger

The Indiana Gaming Commission has approved the proposed merger between Eldorado Resorts and Caesars Entertainment, but has ordered the combined entity to sell three casinos…

2nd July 2020

State of the Union: Michigan, Nevada, Golden Nugget and more

This week’s State of the Union, in partnership with Segev LLP, covers the opening of Michigan’s application process for online sports betting and igaming licences,…

15th May 2020

DraftKings losses widen further in Q1 despite revenue growth

DraftKings and SBTech both saw revenue grow in the first quarter of 2020, but combined losses widened to $74.0m in the pair’s last full quarter…

8th January 2020

DraftKings reveals $114.1m loss in SBTech merger statement

Diamond Eagle Acquisition Corp – the special purpose acquisition company formed as part of DraftKings and SBTech’s merger – has filed a registration document revealing…