Mergers and Acquisitions

5th August 2021

Playtika seeks M&A after lower H1 costs help business return to profit

The chief financial officer of social gaming business Playtika said the business is excited about future merger and acquisition opportunities, as slightly higher revenue and…

3rd June 2021

To SPAC or not to SPAC: An insider’s view

Having used special purpose acquisition companies (SPACs) as to exit investments, Clairvest’s Mohit Kansal, Michael Andrisani and Michael Wagman explain why they are experiencing a…

28th May 2021

Better Collective closes $240m Action Network acquisition

Better Collective has closed its $240m acquisition of the Action Network, the largest deal in the super-affiliate’s history. The deal was announced at the start of…

18th January 2021

Genius to form new holding company for NYSE listing

Genius Sports Group will form a new holding company, Galileo NewCo, for the proposed business combination with dMY Technology Group II that will see the…

15th January 2021

Jason Ader launches new SPAC targeting gaming acquisitions

26 Capital Acquisition Corp, a special purpose acquisition company (SPAC) founded by activist investor Jason Ader, will list on the Nasdaq today (15 January) following an initial…

7th January 2021

Billionaire Moelis funds new SPAC with eye on gaming sector

Investment banking billionaire Ken Moelis has founded a new special purpose acquisition company (SPAC), Atlas Crest Investment II, which will seek to merge with 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…

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…

20th August 2020

State of the Union: DraftKings, Covid-19, Puerto Rico and more

This week’s State of the Union, in partnership with Segev LLP, includes DraftKings’ first financial statements since its merger with SBTech and public listing on…

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.…