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Gambling Industry Acquisitions and Mergers: Q3 2012
Online Sector: Acquisitions and Mergers:
Perform Group acquired a 51 percent stake in Turkish digital sports company Mackolik Internet Hizmetleri Ticaret A.S. (Mackolik) for a cash consideration of TRY 40.8 million (GBP 14.6 million).
Fortuna Entertainment Group's Czech subsidiary Fortuna Loterie entered into a cooperation agreement with E-Invest, who bought a 10 percent stake in the firm.
Media Corporation re-acquired a number of its sold publishing websites that include onthebox.com and flightcomparison.com.
The Amateur Poker Association and Tour acquired online poker room Poker.co.uk and its player base. The site will remain on the GTechG2 IPN network, using the same support facilities as before.
Across the Line - a company funded by London-based property and football entrepreneur Andrew Ellis – acquired a 51 percent stake in Worldlink Sport.
Novomatic Group subsidiary Astra Games Limited concluded the purchase of the Danoptra Group of companies following clearance from the UK Office of Fair Trading
Picklive Limited Fantasy sports gaming provider Picklive Limited was sold to private investors, led by David Galan, the CEO of pool betting provider Sports Millions (the B2B arm of Soccer Millionaire) for an undisclosed consideration.
Parspro.com Full-service internet and mobile betting system provider Parspro.com was acquired by Scientific Games Corporation for an undisclosed consideration.
Betclic Everest Group acquired the remaining 33.33 percent of Giga Media's Everest Gaming for an undisclosed but nominal fee.
Global Gaming Network, Inc., a Los Angeles-based developer and aggregator of digital entertainment and sports information for online and mobile platforms acquired fantasy sports operator Amped Fantasy for an undisclosed consideration.
BetVictor acquired Botsphere Limited, a UK based provider of automated trading solutions, for an undisclosed sum.
PERFORM Digital sports content distributor PERFORM acquired German sports media company Sportal GmbH (Sportal) from a group of private investors for an undisclosed consideration.
Bwin.Party Digital Entertainment sold off its Ongame poker network to Amaya Gaming for up to Euro 25 million "on a cash-free and debt-free basis."
Merkur Casino UK Gauselmann Group-owned Merkur Casino UK Ltd acquired Marwyn Gaming Limited for a gross consideration of GBP76 million in cash. The acquisition includes Praesepe Plc, Restcare Limited, Baleday Limited and Beacon Bingo Limited.
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PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
China Lottery Sales Up in 2016 -
The Chinese official news agency Xinghua reports that according to figures from the Ministry of Finance released Monday, Chinese lottery sales in 2016 rose 7.3 percent year-on-year to 394.64 billion yuan (about US$57.53 billion).
New chairman and a new director for 500.com -
Chinese online lottery operator 500.com has announced major executive changes to the company with the apparently amicable departure of director and chairman Man San Law, as well as director Weiguo Zhao from its board of directors, effective January 20, 2017.
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