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2011 Online Casino Acquisitions and Mergers
Acquisitions and Mergers:
- Betgenius Ltd acquired user experience and front-end specialist, Boolabus.
- Scientific Games Corporation completed its acquisition of Barcrest Group Limited.
- Sazka AS was acquired by Czech financial groups PPF AS and KKCG (SÁZKOVÁ KANCELÁ, a.s.) for a consideration of 3.810 billion Czech Koruna.
- Full Tilt Poker bought by French business turnaround specialist Groupe Bernard Tapie, finalization of the deal hangs on the completion of various conditions. .
- The reappearance of the well-known BetCris online poker subsidiary Americas Card Room was followed by its acquisition of Doyle's Room for an undisclosed consideration.
- Sportingbet Plc in a conditional binding agreement to acquire Danish online betting operations SHL, Danbook Limited and ISCI, Scandic Bookmakers Limited.
- East Pioneer Corporation B.V. supported by a services agreement with GVC Sports B.V., a subsidiary of GVC Holdings plc acquired Sportingbet plc’s Turkish operation superbahis.com for a minimum consideration of GBP 125 million in cash.
- Jackpot Capital Group sold Lucky Club Casino.com with its marketing partner Rich Club Affiliates.com to a group of unidentified investors for an undisclosed consideration.
- Fertitta Interactive, a division of a US land gambling group that developed the well-known Station and Golden Nugget casinos, has announced its acquisition for an undisclosed consideration of the assets of Cyberarts, a veteran online poker and social bingo software provider based in California and Alderney.
- Boylesports acquired William Hill’s Irish retail estate of 15 shops for a cash consideration of Euro 1.5 million.
- Swedish software provider NYX Interactive AB (NYX) acquired Australian-based independent games supplier Nextgen Gaming Pty Ltd for an undisclosed consideration.
- Lucky Club Casino recently changed hands from Jackpot Capital to an unknown new operator.
- The European online gambling group Unibet inked an agreement to acquire 100 percent of the shares of French company Solfive SAS, owner of SPS Betting France SAS.
- Paddy Power plc has acquired Bulgarian games developer CT Networks Limited (Cayetano) for an undisclosed but "capped" consideration.
- Club 4 Aces.com on the Entraction online poker network has sold out to 24hPoker.com for an undisclosed consideration.
- Genting Casinos acquired Fox Poker Club, London’s only dedicated poker venue, for an undisclosed sum.
- Pokerstars acquired Cara de Poker, a well-established Spanish website that is understood to have a significant player base.
- UK spreadbetting firm Gekko Global Markets acquired Irish spread betting firm Delta Index for an undisclosed consideration.
- Tattsbet Limited entered into a binding agreement to acquire the Tasmanian TOTE for an upfront consideration of A$ 118.4 million and the potential for a further A$ 15.4 million derived from a GST cash refund owed to the TOTE.
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Gambling News :
Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
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.
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