Consolidation within the gambling industry has taken unprecedented scope over the past several years. In 2015, three pairs of some of the world’s largest operators decided to tie the knot,…
Former Amaya Inc. CEO David Baazov has offloaded an 8.2% stake in the Canadian online gambling company. He sold 12,000,000 shares of Amaya for a price of C$22.31 per share…
Billionaire investor and casino owner Carl Icahn may see his social media activity used as evidence in a high-profile insider trading case against Nevada golf course owner and popular bettor…
Swedish sports betting and casino operator, Cherry AB revealed today it intends to unify its iGaming catalog under the newly-acquired ComeOn! brand. The acquisition officially came to completion at the…
The international sports betting and gaming group GVC Holdings today released its financial results for the period ended 31 December, 2016. The report published by the company indicated a dramatic…
Australian businessman James Packer collected almost A$600 million last week after selling subordinated notes to local casino operator Crown Resorts and receiving dividend and special payment from the company’s selldown…
Australian gambling operator Tabcorp Holdings Ltd. today announced that it has submitted an application to the Australian Competition Tribunal asking for the necessary permission to proceed with its proposed merger…
Gaming Innovation Group (GIG) today announced the addition of another affiliate website to its growing network. The company is to purchase the Casino Tops Online website for the total amount…
Australian gambling operator Tabcorp Holdings has agreed to sell a gaming machine monitoring subsidiary it purchased last summer to address the biggest of a set of concerns raised by the…
Online gambling affiliate network Latest Casino Bonuses has expanded its business through the acquisition of World Casino Directory. The deal came as yet another manifestation of the existing and rapidly…
Casino behemoth Las Vegas Sands may leave the Pennsylvania gambling market, after it confirmed on Friday that it has been approached in relation to the potential sale of its Sands…
A group of investors, led by coffeehouse chain and casino owner Hard Rock International, is set to acquire the shuttered Trump Taj Mahal casino resort in Atlantic City. The gambling…
Reports emerged late last week that Kindred Group may be eyeing further expansion of its operations through the acquisition of Danish state-owned gambling operator Danske Spil for around DKK4 billion…
Founded more than a decade ago, GVC Holdings has become one of the big players in the online gambling space. The group manages a number of iGaming brands in a…
Online gambling operator Kindred Group announced today that it is to acquire fellow iGaming business 32Red as part of its strategy for continued growth through the operation of multiple brands…
A potential Las Vegas Sands casino venture in Japan was put a $10-billion price tag by Chairman Sheldon Adelson. Speaking at an investor conference in the country’s capital, the casino…
Malta-based online gaming company Gaming Innovation Group (GIG) has acquired an unnamed iGaming affiliate network, an announcement that comes as a further manifestation of the ongoing consolidation within the affiliate…
William Hill’s largest shareholder has been trying to spark new merger and acquisition talks over the past several months, The Sunday Times reported. Privately owned hedge fund Parvus Asset Management…
Russia may be on its way to designating a sixth gaming zone with casino venues, according to recent reports by local media outlets. Word has leaked out that a Turkish…
Developer and supplier of products for the international gambling industry Playtech today announced that it has further boosted its Gaming division with the acquisition of Australian casino software developer Eyecon.…
Business magnate Carl Icahn is set to embark on a quest for a new owner of the shuttered Trump Taj Mahal hotel and casino complex. The venue closed doors in…
Online gambling operator Mr Green Ltd. today announced the acquisition of its Danish counterpart Dansk Underholdning. The deal represents part of the Malta-based gambling company’s strategy to expand into regulated…
Swedish gambling group Betsson AB announced that it has undertaken further steps to expand its presence into the UK gambling market. It has made a cash offer to acquire UK…
Merger and acquisition activity has become an important and persistent trend within the gambling industry. Some of the biggest industry names have combined their operations over the past several years…
Australian business magnate James Packer is to return to casino operator Crown Resorts’ board as a director shortly after the company scrapped plans for US expansion and reduced its stake…
William Hill’s Australian business announced earlier this week that it has decided to resuscitate the Centrebet brand just shortly after it had brought all its Australian operations under the single…
Philippine gambling company PhilWeb Corp. announced the sale of certain German assets to cover overheads while waiting to have its license for the operation of eGames facilities across the Philippines…
If 2015 was a banner year for merger and acquisition deal-making within the industry, 2016 has been a year of transition, of finalization of the deals in question, and of…
Australian gambling operator Tatts Group said on Friday that it has decided to reject an A$8-billion takeover bid from the Pacific Consortium in favor of a previous merger offer from…
David Baazov, former Amaya Chief Executive and Chairman, announced on Tuesday that he has decided to abandon his bid to buy the online gambling company and take it private. Mr.…