M&A

15th December 2020

dMY shareholders to vote on Rush Street merger on 29 December

Special purpose acquisition company (SPAC) dMY Technology Group will hold a shareholder meeting on 29 December in order to approve its proposed reverse merger with…

14th December 2020

Genius Sports Group acquires scoreboard data supplier Sportzcast

Sports data provider Genius Sports Group has agreed to acquire Sportzcast, a US sports data distribution system manufacturer. Sportzcast produced Scorebot, a program that delivers…

3rd December 2020

Flutter ups FanDuel stake to 95% in $4.18bn deal

Paddy Power Betfair and Pokerstars owner Flutter Entertainment has conditionally agreed to purchase a further 37.2% stake in US betting and daily fantasy sports brand…

19th November 2020

Lottery.com to go public through SPAC combination

Lottery broker and information portal Lottery.com will go public on the Nasdaq exchange through a reverse merger with special purpose acquisition company Trident Acquisition Group…

13th November 2020

Apollo Funds to acquire Great Canadian Gaming for CAD$3.3bn

Private equity giant Apollo Global Management has agreed to acquire land-based operator Great Canadian Gaming Corporation in a deal worth more than CAD$3.3bn (US$2.51bn). Under…

4th November 2020

Acroud signs LoI to acquire US tipster company

iGaming affiliate business Acroud AB (formerly Net Gaming) has signed a letter of intent (LoI) to acquire an unnamed “fast-growing US tipster company” for an…

26th October 2020

Caesars and William Hill jointly sponsor NFL’s Colts

Caesars Entertainment and William Hill have together signed a deal to become an official sports betting partner of the Indianapolis Colts, the first joint team…

6th October 2020

Twin River Q3 earnings set to return to pre-pandemic levels

Twin River revealed the business took a step toward financial normality in the third quarter with revenue set to come in between $100m and $130m, as…

2nd September 2020

Skillz to go public on NYSE through SPAC

Mobile gaming platform Skillz Inc will go public on the New York Stock Exchange through a merger with special purpose acquisition company Flying Eagle Acquisition…

13th August 2020

State of the Union: Caesars, New Jersey, college football and more

This week’s State of the Union, in partnership with Segev LLP, covers the first results update from Caesars Entertainment since the merger between the former…

11th August 2020

FansUnite completes Askott acquisition

Canadian igaming operator and technology provider FansUnite Entertainment has completed the acquisition of white label solutions provider Askott Entertainment for CAD$27.8m (USD$20.7m) in FansUnite shares.…

10th August 2020

Online potential prompts IAC to acquire $1bn MGM stake

Digital media giant InterActiveCorporation (IAC) has acquired a 12% stake in MGM Resorts International, describing the investment as a “once in a decade” opportunity.  IAC,…

29th July 2020

HeadsUp resurfaces with igaming acquisition in “final stages”

HeadsUp Entertainment – the former owners of the Canadian Poker Tour – said it is in the “final stage” of negotiations to acquire an online betting and…

27th July 2020

Rush Street Interactive to go public on NYSE

Rush Street Interactive (RSI) is set to be the latest US online gambling operator to go public after agreeing a reverse merger with special purpose…