Tag: M&A

DraftKings mulls acquisition of prediction market Railbird Exchange

16 July 2025 at 6:12am UTC-4
DraftKings is in talks to acquire Railbird Exchange, a federally licensed prediction market platform, as reported by Front Office Sports. According to a Front Office Sports ...

Apollo completes US$6.3 billion acquisition of IGT Gaming and Everi

2 July 2025 at 7:02am UTC-4
Global asset management group Apollo has completed its US$6.3 billion all-cash acquisition of IGT’s gaming and digital business and Everi Holdings Inc. The two companies will ...

PointsBet unconvinced by revised Betr offer

24 June 2025 at 5:43am UTC-4
Australian betting operator PointsBet has not been won over by Betr Entertainment’s revised takeover bid, according to a statement released yesterday. PointsBet said the  ...

Betr announces increased PointsBet offer

23 June 2025 at 7:50am UTC-4
Australian betting group Betr Entertainment has renewed its efforts to acquire rival sportsbook PointsBet. The new takeover proposal offers 3.81 Betr shares per PointsBet share ...

IGT’s global lottery organization rebrands as Brightstar

17 June 2025 at 2:37pm UTC-4
International Game Technology’s global lottery business will begin operating as Brightstar Lottery, effective immediately, it announced Tuesday. Upon completion of the sale ...

PointsBet rejects Betr takeover proposal in favor of MIXI deal

17 June 2025 at 6:09am UTC-4
Australian gambling operator PointsBet has rejected a proposed takeover from Betr Entertainment. On 29 April Betr proposed acquiring the 80.1% (226 million shares) of PointsBet ...

Mixi increases PointsBet offer

4 June 2025 at 8:05am UTC-4
Japanese entertainment corporation Mixi has increased its offer to take over Australian betting operator PointsBet, having initially registered a bid back in February. Earlier ...

Blackstone initiates sale of ICE organiser Clarion Events

22 May 2025 at 7:29am UTC-4
Private equity firm Blackstone is reported to be in the process of selling Clarion Events, the international trade show organiser behind ICE. Blackstone acquired Clarion, which ...

PointsBet to consider Betr takeover proposal

13 May 2025 at 12:05pm UTC-4
ASX-listed PointsBet has confirmed that its board is considering a takeover proposal from sportsbook operator Betr Entertainment. Earlier this month, Betr Entertainment ...

Vector Solutions acquires ArdentSky

9 April 2025 at 7:28am UTC-4
Workforce training and technology provider Vector Solutions has acquired Nevada-based online gambling compliance firm ArdentSky to strengthen its position in the online gaming ...