Tag: Mergers & Acquistions

PointsBet rejects revised Betr takeover bid

1 August 2025 at 7:00am UTC-4
Australian betting operator PointsBet Holdings has rejected fellow betting operator Betr Entertainment’s latest takeover offer, despite Betr announcing an increase in its ...

PointsBet rejects Betr takeover, raises concerns over VIP-heavy customer base

24 July 2025 at 7:38am UTC-4
Australian sportsbook PointsBet has rejected a takeover offer from rival Betr, telling the Australian Stock Exchange (ASX) that more than half of Betr’s gambling profits in ...

Polymarket acquires QCEX for US$112 million in US market re-entry bid

22 July 2025 at 7:03am UTC-4
Prediction market company Polymarket has acquired financial exchange and clearing house QCEX for US$112 million. The deal gives Polymarket ownership of a CFTC-licensed ...

Betr makes improved takeover offer for PointsBet

18 July 2025 at 7:15am UTC-4
Australian sports and horse racing betting operator Betr Entertainment has made an all-scrip, off-market takeover offer for all remaining fully paid ordinary shares in Australian ...

Intralot/Bally’s presentation draws scant interest

10 July 2025 at 1:27pm UTC-4
Glitches were many, questions were but one and Bally’s Corp. CEO Robeson Reeves was a no-show. Such was the nature of a webinar intended to explain the merger of Bally’s ...

Intralot to acquire Bally’s International Interactive Business

1 July 2025 at 3:41pm UTC-4
Intralot and Bally’s Corp. on Tuesday announced that their respective boards have approved an agreement for Intralot to acquire Bally’s International Interactive Business ...

PointsBet defends shareholder vote amid Betr challenge

26 June 2025 at 7:17am UTC-4
Sports betting company PointsBet has rejected claims by rival Betr Entertainment that it excluded a crucial vote during its 25 June shareholder meeting to approve a proposed ...

Australian government gives green light for PointsBet takeover

13 June 2025 at 6:51am UTC-4
The Australian government has given the go-ahead for the takeover of Australian sportsbook operator PointsBet by the Japanese entertainment group Mixi. According to a holding ...

Sega Sammy, GAN merger finalized

27 May 2025 at 12:14pm UTC-4
GAN on Tuesday announced that it has completed its merger with Sega Sammy Creation, an affiliate of Sega Sammy Holdings. The merger was announced in November 2023. Sega ...

Intralot dismisses speculation over Max Gaming takeover

23 May 2025 at 7:54am UTC-4
After recent press speculation, gambling and lottery technology provider Intralot has denied its plans to acquire a company in Australia. The Australian suggested that Intralot ...