Gamesys has disclosed to The Evening Standard that it has agreed to take over the London headquarters of collapsed fashion retailer Arcadia Group – in a commitment to expand its UK workforce. The former LSE online gambling group, that has recently completed its £2 billion merger with NYSE gambling giant Bally’s Corporation, will aim to move into Colegrave House on …
Read More »Tag Archives: Monkey Knife Fight
Bally’s shows its hand targeting a £2bn takeover of Gamesys
Bally’s Corporation has reached an ‘agreement in principle’ to acquire Gamesys Group Plc after proposing an initial approach of +£2 billion. The US gambling conglomerate, which seeks to aggressively expand its digital portfolio, has offered an £18.50 cash per share offer to Gamesys investors to open negotiations. Bally’s stated that its offer equates to a near 40% premium on Gamesys’ …
Read More »Bally’s strengthens international market position with SportCaller takeover
US gambling operator Bally’s Corporation has acquired B2B free-to-play (F2P) games provider SportCaller in a bid to expand its international presence. Bally’s is hopeful that the acquisition of SportCaller will assist with international expansion plans, having strengthened its position in the US market via its takeovers of Bet.Works and Monkey Knife Fight as well as its partnership with Sinclair Broadcast …
Read More »