Australia ASX-listed gambling technology group Aristocrat Leisure has confirmed the appointment of Jeff Karp as Managing Director & President of Big Fish Games, heading up its recently acquired social gaming subsidiary. Seeking to diversify its corporate entity beyond casino technologies, in December 2017 Aristocrat completed its $1 billion acquisition of Seattle-based Big Fish, from former owner Churchill Downs. Regarded as …
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Aristocrat Gaming has released its response to the case against its subsidiary platform Big Fish Games, which related to the operation of the online social gaming platform Big Fish Casino. Having acquired Big Fish Games from Churchill Downs Incorporated (CDI) in January, Aristocrat Gaming has affirmed its intention to work with CDI and clear Big Fish Games against any wrongdoing. …
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Australia ASX100 gambling technology supplier Aristocrat Gaming has strengthened its position within the social gaming sector, acquiring Seattle-based Big Fish Games from US racing operator Churchill Downs for a reported $990 million (£735 million) cash transaction. The acquisition sees Aristocrat expand its Social Gaming portfolio, having acquired Israeli games studio Plarium Gold last August for $500 million. Updating investors, Trevor …
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US race track operator Churchill Downs has announced that Robert L Evans will retire as Executive Chairman of the company. Churchill Downs continues the restructure of its governance team, which saw the appointment of William C. Carstanjen as CEO in August 2014. Following a transition/learning period under Evans, Carstanjen will now take over full leadership responsibilities. Evans retires from Churchill …
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Reporting on its full year 2014 results, US racetrack operator Churchill Downs (CDI) recorded higher company revenues but lower net income. CDI posted full year revenues of $812 million up 4% on 2013 $779 million, however CDI 2014 net earnings were down 16% to $46.4 million (FY 2013:$55 million). The racetrack operator had been impacted by a poor final quarter …
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The first ever Gaming App Awards were held at the Belgravia Jumeirah Carlton Tower in London on 8 December 2014. The awards celebrated outstanding industry achievements for igaming mobile verticals in 2014. Swedish igaming operator Unibet won the App of the Year award for its Spin City casino games app. iGaming technology supplier Playtech took home the award for Best …
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US racetrack operator Churchill Downs announced that it has entered definitive merger agreements for the acquisition of mobile and social games developer Big Fish Games, Inc. The company is preparing for a $885 million (£560 million) acquisition deal for the games developer, which will comprise of a $485 million base consideration and an attached earn-out payment of up to $350 …
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