Tag Archives: CVC Capital

Fanatics zooms in on Tipico M&A to build Rubin’s new betting vision  

SBC News Fanatics zooms in on Tipico M&A to build Rubin’s new betting vision  

Tipico, the leading DACH markets bookmaker, has become a reported target of US apparel and entertainment company Fanatics Inc.  Yesterday, CNBC reported that dealmakers were at ‘an impasse on price’ as negotiations were ongoing to secure Fanatics’ takeover of Tipico Sportwetten. Fresh from offloading his 10% stake in Harris Blitzer Sports Entertainment, the US sports fund that owns the pro-sports …

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PokerStars launches multi-product offering in Greece

SBC News PokerStars launches multi-product offering in Greece

PokerStars has made its multi-product offering  available in Greece under the terms of a full operating licence from the Hellenic Gaming Commission (HGC). The licence, secured in July of last year, enables the Flutter Entertainment firm to operate sports betting and gaming products, launching the PokerStars, PokerStars Sports and PokerStars Casino brands. PokerStars offering will therefore include sports betting wagering, …

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CVC strengthens Belgian position by supporting Gaming1 expansion

SBC News CVC strengthens Belgian position by supporting Gaming1 expansion

CVC Capital Partners has partnered with Gaming1, the Belgian Ardent Group’s entertainment brand, supporting the next phase of the latter’s growth strategy.  As a result of the collaboration between CVC and Gaming1’s majority shareholders, the US-based global investment firm will provide the international gambling group with ‘expertise’ to support its growth strategy.  Gaming1 is currently active in nine countries, including …

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GeoComply appoints Sarafina Wolde as Global Markets lead 

SBC News GeoComply appoints Sarafina Wolde as Global Markets lead 

GeoComply has moved to strengthen its commercial and business development strategy by appointing Sarafina Wolde Gabriel as Senior Director of Global Markets.  The affiliate marketing figurehead confirmed via Linkedin that she had ended her 18-year tenure as an executive of Income Access, choosing to join the leadership team of the igaming fraud prevention and IP-security solutions provider. The appointment follows …

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Year in Review Part Three – Firms look to Nasdaq whilst William Hill auction comes to a close

SBC News Year in Review Part Three - Firms look to Nasdaq whilst William Hill auction comes to a close

The third quarter of 2021 saw further regulatory developments across Europe, and one of the year’s biggest M&A saga’s concluded as 888 Holdings finalised the terms of its William Hill acquisition.  Sportradar, the Swiss sports data and technology company, successfully completed its public listing on the US Nasdaq stock exchange in September, with some assistance from basketball legend Michael Jordan. …

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Flutter eyes Italian podium place with €1.9bn takeover of SISAL

SBC News Flutter eyes Italian podium place with €1.9bn takeover of SISAL

Flutter Entertainment Plc has this morning announced that it has secured definitive terms to acquire Italian gambling group Sisal for a consideration of €1.9 billion (£1.62bn). An agreement has been reached with US private equity fund CVC Capital – the current owner of SIsal – which will see the Italian market leader in online and lottery verticals transferred to Flutter’s …

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English speakers identified as most at-risk problem gambling group by Gambless

SBC News English speakers identified as most at-risk problem gambling group by Gambless

Gambless has recorded 3,500 self-assessment tests completed via its mobile app, revealing strong differences in problem gambling across international borders, with English speakers encountering issues much more than other linguistic groups. Publishing its first annual report, the Mindspa-funded and ORCHHA-certified international gambling harm prevention app found that English speakers, mainly from the US, UK, and Australia, recorded a 57% higher …

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Sisal files for Milan Borsa IPO seven years after first attempt

SBC News Sisal files for Milan Borsa IPO seven years after first attempt

Sisal SPA, the operating company of Italy’s SuperEnalotto lottery and Matchpoint betting shops, has filed for an Initial Public Offering (IPO) to list its business on the Milan Borsa Exchange.  Reuters reports that the CVC Capital owned gambling group has agreed to sell its shares to an unnamed private equity firm.   Although most of the firm’s revenues come from its …

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Sisal GoBeyond competition aims to accelerate Italy’s brightest start-ups

SBC News Sisal GoBeyond competition aims to accelerate Italy’s brightest start-ups

Sisal SPA, the operating firm of Italy’s SuperEnalotto national lottery draw, has continued its funding of talent development projects for Italy’s new workforce through the hosting of its ‘GoBeyond’ competition.  Entering its fifth year, Sisal’s innovation competition is co-hosted with investment fund CVC Capital Partners and aims to advance the development of Italian start-ups focused on social impact and enterprise. …

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CVC targets merger of ATP and WTA tennis

WTA - (200229) -- DOHA, Feb. 29, 2020 (Xinhua) -- Ashleigh Barty of Australia hits a return during the women's singles semi-final match against Petra Kvitova of the Czech Republic at the 2020 WTA Qatar Open in Doha, Qatar, Feb. 28, 2020. (Photo by Nikku/Xinhua)

US private equity fund CVC Capital Partners is reported to be eyeing a disruptive shake-up of pro-tennis as it pursues a $600 million deal to merge the ATP men’s and WTA women’s tours. Sky News reports that CVC aims to combine the ATP and WTA organisations to form ‘One Tennis’ the new unified commercial identity for global tennis. As part …

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