Tag Archives: israel

888 prepares final approach for bwin.party

This week marks a crucial chapter in the battle for bwin.party Entertainment, as industry analysts expect 888 Holdings to counter the £906 million reverse takeover offer put forward by GVC Holdings. At present GVC are thought to be front runners in the acquisition, as last week bwin.party governance confirmed the £908 million cash and new shares bid, which values bwin.party …

Read More »

XLMedia acquires Marmar media for $7.3 million

London AIM listed igaming marketing firm XLMedia has continued its corporate expansion through acquisition, with the conformation of its majority stake purchase in digital and mobile marketing services operator Marmar Media. XLMedia governance confirmed that it had agreed to acquire a 54% stake in Marmar Media for a cash consideration of $7.36 million (£4.7million). XLMedia expects the acquisition to immediately …

Read More »

Bally buys social operator Dragonplay for US$100m

Bally Technologies, Inc is to spend up to US$100m acquiring Dragonplay Ltd, the online social casino company headquartered in Tel Aviv, Israel, with top-grossing applications for Android, as well as a significant presence on Facebook and Apple iOS. Launched in 2010, Dragonplay ranks among the 10 top-grossing game developers in the social casino genre with approximately 700,000 daily active users (DAU) …

Read More »

Israel Sports Betting Board goes live with new platform

The Israel Sports Betting Board (ISBB), which has exclusive rights operator for sports betting in Israel, is now live with a system developed by British sports betting software provider LVS Ltd and its French counterpart, lottery solutions specialist Lotsys SAS (FDJ Group). LVS and Lotsys won an international tender to supply their Advanced Betting & Lottery Platform technology (ABP) to …

Read More »