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Online Gambling Acquisitions and Mergers Q2 2012
Wednesday, June 27, 2012 : Acquisitions and Mergers:
Queensland-based online gaming and entertainment company 2UP Gaming plc inked a MOU to acquire European based video streaming business Streamark.
GVC Holdings plc's Maltese subsidiary, GVC Corporation Limited entered into an agreement with an independent third party company, GVC New Limited to sell the failed Betaland sports book venture for a nominal sum.
Online gambling group Unibet plc bought Nordic Betting subsidiary Bet24 for Euro 13.5 million
Swedish online gambling group Betsson AB acquired Malta-based Nordic Gaming Group and its three sportsbook, casino and poker subsidiaries, NordicBet, Tobet and Triobet
Lock Poker acquired the Cake Poker Network.
Multimedia sports content firm Perform Group plc proposed the acquisition of real-time sports data provider RunningBall Holding AG for a minimum consideration of Euro 101 million.
WMS Industries acquired online gaming content provider Jadestone Group AB for an undisclosed consideration.
The court-ordered bankruptcy auction of Federated Sports & Gaming, Inc., parent of the Epic Poker League, was won by Pinnacle Entertainment, Inc. with a winning bid of $4.5 million for the combined assets of Federated Sports & Gaming, Inc., Federated Heartland Inc., the Heartland Poker Tour and the Epic Poker League.
The Bodog Poker Network (BPN) and its controversial recreational model have been sold off to the Bodog Brand's Asian-facing business Bodog88
Illinois-based land and online gambling software and equipment developer WMS Industries Inc., acquired Genesis Communications Inc., trading as Phantom EFX, a publisher and developer of interactive casino and slot-based games for social, casual and mobile gaming entertainment.
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Gambling News :
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
NYX Gaming Group Expanding in Italy -
NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.
Interwetten Q3 2016 Report -
In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.
Evolution Gaming Q3 2016 Report -
Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.
Dragonz Slot Launches -
#Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.
Mecca Launch Instant Win Games -
IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.
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