Bwin.party has admitted to the stock markets that it has been looking at a variety of different partnerships as it looks to create value for shareholders, as rumours persist that the Amaya Group has been making moves to snap up the operator with a £1.2bn takeover offer. In a statement, it revealed: “Further to recent media speculation regarding a possible …
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Scientific Games agrees $5.1bn Bally deal
Scientific Games Corporation is to by Bally Technologies in a deal worth US$5.1bn. “The acquisition of Bally provides us with a unique opportunity to combine two exceptional companies with long track records of creating leading-edge games and gaming technology products for players and delivering innovative solutions to our customers,” said Gavin Isaacs, Scientific Games’ President and Chief Executive Officer. “With …
Read More »Five ways to safeguard your job in a merger
Dr Peter Chadha, Managing Partner of E-gamingexperts.com, and CEO of DrPete Inc – has been an advisor on technology to some of the largest e-gaming companies in the world. Through working closely with board directors and senior management during M&As and IPOs, he has experienced close hand the challenges stakeholders face, and reflects upon what is needed to survive. The …
Read More »Betting Promotion Sweden Acquires Tain Gaming
Swedish sports betting software supplier Betting Promotion has agreed the purchase of igaming software developer Tain from gambling company Atletico Nordic. The acquisition of Tain Gaming has been set at approximately SEK44.3 million (€5 million/$6.9 million), and will see Tain services fully acquired including subsidiaries Tain Ukraine, Tain Malta, Tain International and WL Services. Betting Promotion had been eying the …
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