As 2022 gathered pace, it was clear that the year was going to be one of extensive M&A, trading and regulatory activity, as companies published their first quarterly updates and the UK Gambling Commission (UKGC) had some big decisions to make. Kicking off Q2, Betsson and Gaming Innovation Group (GiG) revealed respective major accomplishments, as the former made a strong …
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LSports has significantly strengthened its data collection capabilities by acquiring Poland-based sports data company STATSCORE. By adding STATSCORE to its portfolio, LSports has set out plans to create “unique and personalised content” for its partners. This, LSports explained, will also offer a wider range of granular play-by-play data, as well as aggregated player and team stats. Dotan Lazar (pictured, above), …
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At the start of September, Shape Games joined the Kambi group following a €38.5m takeover. And whilst it was said that this deal will help revamp Kambi’s front-end services, it is also expected that Shape Games will support Kambi in delivering high quality technology for global demands. Discussing the acquisition at SBC Summit Barcelona, Shape Games CEO Morten Tonnesen shed …
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888 Holdings CEO Itai Pazner has confirmed the ‘hugely exciting acquisition of William Hill’s non-US business from Caesars Entertainment for £2.2bn. The deal, news of which broke earlier this week, is expected to deliver ‘significant operating efficiencies’, including pre-tax cost synergies of at least £100 million per year, which 888 says will lead to improved profit margins. On a pro …
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US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …
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The National Lottery has launched its new UK-wide advertising campaign ‘The Magic Number’, celebrating its 25th Anniversary. Developed by London advertising agency Adam&eveDDB on behalf of Camelot UK, the campaign celebrates 25-years of the National Lottery supporting UK charities, social directives, sports development programmes, the arts, culture and heritage conservation. Having drawn its first lottery on 19 November 1994, the National …
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Sports data and content supplier Sportradar has confirmed the acquisition of the award-winning sports betting and gaming omnichannel platform business Optima, with the deal effective immediately. The acquisition sees Optima extending Sportradar’s current betting services portfolio to become a full-service B2B data, betting, trading and player management platform business. Acquiring Seville based Optima, Sportradar governance details that will create a …
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Nolan Bushnell, the founder of Atari Inc, has joined blockchain gaming group Global Gaming Technologies as its new chief executive and chairman, which will come into effect immediately. Bushnell has previously held the position of CEO at blockchain games developer X2 Games Corp, which is a wholly-owned subsidiary of Global Gaming. In addition to this, Bushnell is also the founder …
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London Stock Exchange (LSE) listed Sportech PLC has completed its outright acquisition of iLottery systems and games provider LOT.TO. The acquisition is set to provide Sportech with a new digital gaming vertical for iLottery, as well as enhancing its internal capacities incorporating LOT.TO’s product proven technology development teams. It intends to cement the racing and wagering systems provider’s global gaming …
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Andrew Morgan, International Director at Independent Content Services, anticipates 2019 will be all about M&A, the USA and the ongoing rise of esports. It has been another incredible year for the global online gambling industry. From power-play acquisitions to new markets opening their doors to legal betting for the very first time, the past 12 months have been transformational for …
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