Bally’s Corporation has confirmed that its takeover of Gamesys Group will reach completion on 1 October, putting an end to the months-long acquisition process. The US sports betting and gaming conglomerate revealed that the M&A process had received regulatory approval from the UK Gambling Commission (UKGC), but added that approval was still required from US counterparts. A court hearing sanctioning …
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Bally’s Corporation has this morning published the definitive terms for its proposed takeover of Gamesys Group Plc, having agreed the combination ‘in principle’ last month. Upon completion of the acquisition, the combined group will be headquartered in Providence, Rhode Island, and its shares will remain listed on the New York Stock Exchange, whilst a request will be made for Gamesys …
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Bragg Gaming Group has today announced that it will undergo a major restructure of its Board of Directors after appointing Akshay Kumar, Jim Ryan and Paul Pathak to its executive team. Akshay Kumar was appointed as the Chief Financial Officer for Bragg Gaming, after holding positons at NetPlay TV PLC, and sports spread betting specialist Sporting Index. Throughout his career, …
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SBTech has teamed up with Pala Interactive as part of a five-year agreement to distribute the supplier’s sportsbook technology to brands across Pala Interactive’s proprietary platform. The partnership, which will increase SBTech’s reach across North America, will involve SBTech’s sportsbook solution integrated with Pala’s online platform provisions. Moving forward, the partnership will initially launch with two online brands: CanPlaySports and …
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Intertain has announced the appointment of Neil Goulden as its new Chairman of the Board and Andrew McIver as the new CEO. With McIver’s appointment, John Kennedy Fitzgerald has resigned as CEO, and Brent Choi has also resigned from the Board. Neil Goulden has spent the last twenty-five years at the board level within a number of significant gaming and …
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Online gambling venture finance firm NewGame Capital has sold off its entire stake in London AIM listed igaming operator Gaming Realms. NewGame Capital backed by bwin.party and led by ex Cashcade Gaming founders Patrick Southon and Simon Collins informed the markets on Friday 20 February. The sale of its 10.5% share capital in Gaming Realms, had driven by the decision …
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