Tag Archives: Acquisition
US – Bally’s completes Gamesys acquisition
Following the receipt of all necessary regulatory requirements and shareholder approvals, Bally’s has completed its previously announced combination with Gamesys Group. With the closing of the transaction, former Gamesys CEO Lee Fenton will now serve as Bally’s CEO. Additionally, former Bally’s CEO George Papanier will assume the role of President, Retail, for Bally’s land-based casino…
UK – William Hill confirms recommended cash offer for Mr Green
William Hill has confirmed it has made a recommended cash offer to buy Mr Green for £242.1m with the claim that earnings from the first full year of ownership will give returns above William Hill’s cost of capital. MRG is a fast-growing, innovative iGaming group with operations in 13 markets and brands including Mr Green…
US – Full House says Affinity’s takeover offer is too low
Z Capital Partners, a leading alternative asset manager of private equity and credit funds, and its affiliate casino group, Affinity Gaming want to buy Full House Resorts, a small publicly-traded Las Vegas-based casino company for $132.5m. Full House, who operates two Nevada casinos in the Grand Lodge Casino at the Hyatt Regency Lake Tahoe and…
UK – Competition watchdog says ‘yes’ to GVC’s purchase of Ladbrokes
The UK’s competition watchdog has cleared GVC’s acquisition of Ladbrokes Coral following its merger investigation. The Competition and Markets Authority (CMA) has been carrying out an investigation into the proposed merger. This has found that the merger does not give rise to competition concerns. The CMA said: “We looked closely at betting services for individual…
US – Delaware North buys Mardi Gras Casino in West Virginia
US casino and hospitality group Delaware North is buying the Mardi Gras Casino & Resort in Nitro, West Virginia from Hartman & Tyner for an undisclosed amount. The purchase agreement is subject to the approval of the West Virginia Racing Commission and West Virginia Lottery Commission. Mardi Gras, located near the Cross Lanes exit of…
UK – LeoVegas snaps up IPS and Rocket 9
LeoVegas is buying the assets of Intellectual Property & Software Limited and other related assets from two further companies, including top brands such as 21.co.uk, Slotboss, Bet UK and UK Casino. During the fourth quarter of 2017, IPS generated revenues of £11.7m and, together with the companies whose assets are also being acquired as part…
US – Scientific Games and NYX merger gains support
NYX Gaming Group and Scientific Games have announced that Sky Betting & Gaming has entered into an agreement to support the previously announced acquisition of NYX by Scientific Games for CA$2.40 per ordinary share. SkyBet owns 1,648,000 ordinary shares of NYX, 412,000 warrants, and 37,400 convertible preference shares of a subsidiary of NYX. “We believe…
US – Scientific buys Tech Art
Scientific Games is buying Tech Art, one of the gaming industry’s leading supplier of hole-card readers for blackjack. The transaction is expected to close in the first quarter of 2018. Terms of the transaction were not disclosed. Tech Art will bring to Scientific Games its innovative MAXTime 4H product, a combination of a blackjack hole-card…
UK – Greentube buys Mazooma Interactive Games
Greentube, the Novomatic Interactive division, has acquired Mazooma Interactive Games (MIG) to streamline the interactive units across the Novomatic Group. MIG plays a key role in the UK market and provides a game integration capability to enable land-based games to enter the online market. The company has focused its attention on developing digital content for…
