Tag Archives: M&A

National Lottery launches new campaign celebrating 25-years of UK support

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 …

Read More »

Optima acquisition sees Sportradar offer full betting solution

OPTIMA

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 …

Read More »

Global Gaming Technologies appoints Nolan Bushnell as new CEO

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 …

Read More »

Sportech completes acquisition of LOT.TO

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 …

Read More »

Independent Content Services: Looking ahead to 2019

US - Copyright: stillfx / 123RF Stock Photo

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 …

Read More »

Playtech moves into Italy with €846m Snaitech acquisition

Major industry supplier Playtech has pulled off an audacious move with an agreement to purchase Italian bookmaker Snaitech. The initial deal will see Playtech acquire 70.6% of the operator after which it will be compelled to make a mandatory takeover offer for all the remaining shares. Commenting on the transaction, Mor Weizer, Chief Executive Officer of Playtech said: “The acquisition …

Read More »

Rising Stars and Hill slides – divergent tracks after merger talks

The degree to which the fortunes of the Stars Group and William Hill have diverged since their failed merger talks 18 months ago provides an interesting counterpoint to the current obsession with sector M&A. A recent note on Stars published by the Canadian analyst team at Canaccord Genuity noted that the company’s share price rose 54 percent in 2017, placing …

Read More »

bet365 and Sky Bet – where did it all go right?

Copyright: stevanovicigor / 123RF Stock Photo

The happenstance of bet365 and Sky Betting & Gaming (SBG) releasing results on consecutive days earlier this week rammed home an important message about the dominance of the market leaders in the UK online scene. The numbers were mightily impressive. Total net revenues from the gambling business at bet365 comfortably sailed past the £2bn barrier, up a huge 39 percent …

Read More »

Michal Kopec – Better Collective: New Reality…Understanding the affiliate M&A condition

A key stakeholder in industry affiliate Better Collective’s international expansion, Michal Kopec (Head of M&A) details his firm’s significant acquisition activity undertaken this summer. In a changing affiliate landscape, how should leadership stakeholders gauge and value potential affiliate assets. Furthermore, is affiliate M&A fully understood as a marketing expansion vertical. _____________________ SBC: Hi Michal, it’s been a busy period for …

Read More »

‘Very successful start’ for combined Ladbrokes Coral

Ladbrokes Coral CEO Jim Mullen has hailed the merged company’s first annual results announcement as a ‘very successful start’ for the enlarged group, with the combined results delivering 11% growth in revenues and a 22% increase in gross profits after tax. The standout performers are Ladbrokes Coral are the Digital division, which saw operating profit increase 125% and European Retail …

Read More »