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Online Casinos acquisitions and mergers Q1 2013

ONLINE SECTOR: ACQUISITIONS AND MERGERS: Acquisitions and mergers in the online casino sector for the first quarter of 2013

Bwin.Party Digital Entertainment confirmed sale of Ongame to Amaya Gaming Group for up to Euro 25 million "on a cash-free and debt-free basis."

German Gauselmann Group-owned Merkur Casino UK Ltd (Merkur) acquired Marwyn Gaming Limited (MGL) for a gross consideration of GBP76 million in cash. Includes gaming divisions Praesepe Plc, Restcare Limited, Baleday Limited and Beacon Bingo Limited.

Cherry AB sold its maritime subsidiaries to Bell Casino AB.  It also sold its Scandinavian brands Sverigeautomaten.com, Norgesautomaten.com and Danmarksautomaten.com to Betsson. Simultaneously, Cherry acquired the brand Cherrycasino.com from Betsson AB's Maltese subsidiary, for a consideration of SEK 1 million.

Gaming machine manufacturer Aristocrat Leisure
Ltd acquired GameAccount Network's (GAN) nLive platform solution.

Station Casinos LLC
agreed to acquire a majority stake of 51 percent in Fertitta Interactive LLC for an undisclosed consideration.

Sportech plc acquired eBet Online Inc, a US business to business online betting operator and technology and services provider focused on the North American horseracing betting market.

William Hill plc and GVC plc agreed terms for the acquisition of Sportingbet plc.

Tipp24 SE
acquired a major 25.7 percent stake in UK-based Roboreus Limited, developer of the virtual location-based GeoSweep lottery game, for GBP 10 million.

Caesars Entertainment
acquired social and mobile games developer Buffalo Studios for an undisclosed consideration.

A US subsidiary of Rational Group, the parent company behind Pokerstars and Full Tilt Poker, applied to New Jersey gambling regulators for permission to buy the struggling Atlantic Club land casino in Atlantic City.

Vancouver-based capital pools investment firm Cairo Resources Inc. acquired social sports betting operator Socialitize Limited.

Ladbrokes
agreed to acquire betting exchange Betdaq for Euro 30 million.

WMS Industries is to be acquired for around $1.42 billion by Scientific Games.

Aspect Gaming Asian-based gaming supplier Aspect Gaming acquired Longshot Interactive, a Las Vegas-based casino games developer focused on the Asian market.

SHFL Entertainment
acquired ProTec Games Inc., a computer based content provider for casino slot games, table games and online video games, for an undisclosed consideration.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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