Austrian sports betting firm Cashpoint (Gauselmann Group subsidiary) has confirmed that it has agreed to acquire Tipico’s Danish retail betting portfolio. The deal will see Tipico end its retail presence within Denmark, with Cashpoint acquiring its three betting shops in Copenhagen and a further retail point on the island of Funen in Odense. Tipico will continue to service the Danish …
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Major payments provider Paysafe is to be acquired by private equity giants CVC and Blackstone after the company’s board gave a great light to the 590p per share offer that was put on the table last month. The deal values Paysafe at £2.96bn and brings the company, which recently bought affiliate scheme business Income Access, under the ownership of two …
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German sports betting operator Tipico has furthered its existing relationship with industry platform and software provisions provider EveryMatrix, agreeing to integrate the firm’s CasinoEngine Direct systems. Bookmaker Tipico forms that new partnership in order ot significantly boost its online casino capabilities. Moving forward EveryMatrix will be delivering games via CasinoEngine from more than 20 casino providers considerably boosting Tipico’s casino …
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German language online bookmaker Tipico Sportwetten (Tipico) has extended its betting partnership with Bundesliga Champions FC Bayern Munich until the end of season 2020/21. Updating the market, the CVC Capital Partners owned bookmaker stated that it was pleased to renew its biggest and most successful partnership with ‘Die Bayern’ (Bayern Munich nickname). In 2015 Tipico marketing announced that it had …
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Malta-based European sports betting operator, Tipico Group (Tipico) has confirmed that Deutschland Marketing Director Christian Gruber has resigned from his executive position. Updating stakeholders, Tipico governance informed that Gruber would leave the company on 15 April, to pursue ‘new career challenges’. Gruber has served as marketing and communications lead for Tipico’s German division since April 2014. During his tenure, the …
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Big name sports stars looking to keep bringing home the bacon post-retirement have a few options these days. From attempting to emulate GNev’s punditry on Sky Sports, the usual route of remaining in the game as a manager, coach, scout or agent to opening a carp fishery in France if you’re Lee Bowyer, there’s another choice becoming all the more popular. …
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Malta-based European sports betting operator Tipico Sportwetten (Tipico), continues to extend its brand coverage within Danish football by announcing a 2-year betting partnership with Esbjerg fB. The new partnership was officially announced on Esbjerg fB website, with Tipico marketing agreeing terms ahead of the start of the Danish Super Liga 2016/17 season. As key to its future growth strategy, Tipico …
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Malta-based European sports betting operator Tipico Group (Tipico) has confirmed that appointment of Joachim Baca as its new CEO, effective 18 July. Baca the former Chief Operations Officer (COO) of bwin.party Entertainment (2011-2016), replaces Jan Bolz as Tipico leader who departs the company following a five-year tenure. Updating the market, Tipico governance stated that the company would look to expand its …
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Having agreed to acquire Italian bookmaker Sisal for €1 billion, private equity firm CVC Capital Partners acquires its third gambling operator in less than two years. Having spent + €3 billion on European betting operators, Scott Longley gauges the impact and motives for this PE giant extending its influence within the sector _________________________ The latest acquisition by private equity house …
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Luxembourg-based private equity firm CVC Capital Partners has extended its reach into the betting industry once again with the news that it has agreed to acquire a 100% equity stake in Italian gaming and payments operator Sisal Group S.p.A. The acquisition will see CVC assume Sisal’s €960 million corporate debt, with the PE firm expected to make an estimated €1 billion …
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