Monday, June 5, 2023

Tag: Acquisition

Entain makes a bid for Olympic Entertainment

Entain bid for Olympic Entertainment
Entain is reported to be pursuing a takeover of Olympic Entertainment Group. The UK betting firm is said to have made an indicative cash offer of more than $1bn for the Estonia-based casino operator.

Gauselmann completes WestSpiel acquisition in North Rhine-Westphalia

Gauselmann completes WestSpiel acquisition in North Rhine-Westphalia
The Gauselmann Group has completed the purchase of the four Westdeutsche Spielbanken (WestSpiel) casinos in North Rhine-Westphalia.

Gauselmann Group acquires Bührmann arcades

Germany Gauselmann Group acquires Bührmann arcades
The Gauselmann Group has completed its takeover of Bührmann Group, acquiring the Bremen- based company’s arcades and restaurants across Northern Germany.

Superbet acquires Napoleon Sports and Casino in Belgium

Superbet acquires Napoleon Sports and Casino Belgium
Superbet Group has agreed a deal to acquire Belgium’s Napoleon Sports and Casino. The betting and gaming group will purchase 100 percent of Napoleon shares from Waterland Private Equity Investments.

Bally’s to acquire Tropicana Las Vegas from GLPI

Tropicana Las Vegas Bally's
Bally’s chairman Soo Kim affirmed that it was “very important for a casino operator with national ambitions to have a Las Vegas presence on the Strip”, while the firm’s president and CEO George Papanier said the deal will enhance the company’s customer base and player database

EveryMatrix acquires TOTOIT to expand Front-end Division

EveryMatrix TOTOIT acquisition
iGaming technology provider EveryMatrix announces the acquisition of TOTOIT, a Thailand-based development company. EveryMatrix worked with TOTOIT for several years on many development projects and is now ready to integrate the company within its structure.

Twin River pays $180m three casinos from Caesars and Elorado

Twin River acquisitions
Twin River Worldwide Holdings has acquired three casinos from Caesars Entertainment and Eldorado Resorts in two deals totalling $180m.

Churchill Downs finalises Turfway Park deal

Churchill Downs Turfway Park
Churchill Downs has acquired its second Kentucky racetrack, after the Kentucky Horse Racing Commission approved a $46m deal with Jack Entertainment to..

AMGO iGaming AB to acquire Jetbull, the EveryMatrix B2C brand

everymatrix jetbull amgo
EveryMatrix has signed a €2m purchase agreement with AMGO iGaming AB for the acquisition of its Jetbull B2C brand. Starting 1 July 2019, AMGO will get full ownership of Jetbull and has already started the transition phase to operate and manage the brand. Operating on the EveryMatrix white label platform, Jetbull is a gaming brand that offers competitive casino and sportsbook....

Gauselmann Group acquires stake in the casinos in Mainz, Trier and Bad Ems

Gauselmann Group, acquisition, stake, casinos, Mainz, Trier, Bad Ems
The family-run Gauselmann Group from Espelkamp, Eastern Westphalia, is expanding its involvement in the casino segment. Through Gauselmann Spielbanken Beteiligungs GmbH, it is investing in Spielbank Mainz GmbH & Co. KG and in its general partner Spielbank Mainz Beteiligungs GmbH. Further shareholders are Spielbank Bad Neuenahr GmbH & Co. KG and Novomatic Spielbanken Holding Deutschland GmbH & Co. KG. The Mainz,...

Golden Entertainment completes $190m acquisition of two Laughlin casinos

Golden Entertainment, acquisition, Laughlin casinos
Las Vegas-based Golden Entertainment completed its acquisition of two southern Nevada casinos from Marnell Gaming on 14 January. The acquisition of the Colorado Belle and Edgewater in Laughlin adds the two properties adjacent to Golden’s Aquarius Resort to the company’s portfolio. There are a total of 11 casinos in Laughlin, the fifth largest gaming revenue market in Clark County, which...

Scientific Games completes Don Best Sports acquisition

Scientific Games, Don Best, Sport, acquisition
Scientific Games has completed its acquisition of sports odds and data services supplier Don Best Sports. Scientific Games has completed its acquisition of Don Best Sports and DBS Canada, enhancing its sports betting portfolio and managed trading services with real-time data and pricing resources. With the addition of Don Best’s trading and pricing expertise to its OpenBet product suite, the company...

Sun Dreams buys Park Hyatt Mendoza

Chile-based Sun Dreams is set to enter the Argentinian market with the acquisition of Nuevo Plaza Hotel Mendoza SA, which owns and operates the Park Hyatt Mendoza hotel and casino. “It's hoped that the sale will be finalised by the end of July,” said Ecocuyo Leandro Livschitz, general manager of the Park Hyatt Mendoza. “While the ownership of the Park...

Penn Gaming secures more acquisition approvals

Penn National Gaming has moved a step closer to becoming one of the largest regional casino operators after further approvals have been granted for its acquisition of Pinnacle Entertainment. The deal, which would have a market impact far outside of Pennsylvania received conditional approval from both the West Virginia Lottery Commission and the Pennsylvania Gaming Control Board last month and...

Playtech returns capital to shareholders amid strong cash generation

Casino Review, Playtech
Gaming and financial services supplier Playtech is set to return E150m to shareholders after a particularly strong trading in the first half of the year, which saw revenues for the group jump by 18 per cent.   The company said that the strength of its balance sheet and “continuing substantial cash generation” meant that it could offer a special dividend to...

MGM Resorts complete Borgata casino takeover

Casino Review, MGM Resorts, Borgata
MGM Resorts has taken over the Borgata after acquiring Boyd’s 50 percent stake. The $900m (€809.0m) deal will see Boyd Gaming receive $589m (€529m) after debt deduction.   MGM Resorts International has finalised its takeover of the Borgata casino, the highest grossing gaming venue in Atlantic City, US.   Already holding a 50 percent stake, the operator acquired Boyd Gaming’s half of the...

GPI moves to purchase EGT’s Dolphin brand

Dolphin GPI
Entertainment Gaming Asia (EGT) and Gaming Partners International (GPI) have announced that EGT's wholly-owned Hong Kong subsidiary, Dolphin Products, has entered into a binding letter of intent to sell its assets to GPI. Dolphin is a leading manufacturer and distributor of RFID and traditional gaming chips and plaques under the Dolphin brand to major casinos in Asia and Australia. Under the terms...