Evolution Completes Big Time Gaming Acquisition

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BetMGM Announces Launch Of Wheel Of Fortune Online Casino; Mobile App Now Available In New Jersey

BetMGM has launched Wheel of Fortune Online Casino in collaboration with IGT, making it the first brand-led online casino in North America. The casino is now live in New Jersey, offering players a variety of themed games and features, including America's Game®-branded slot titles. The Wheel of Fortune brand has been a prominent staple on casino…

Industry ・ 09 March 2023

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GiG Acquires AskGamblers.com via Share Purchase by Innovation Labs

Last December, the leading technology company in the iGaming industry sealed the historical acquisition deal with Catena Media Plc. Now, Gaming Innovation Group (GiG) has announced the completion of the acquisition process for casino affiliate sites Askgamblers.com, Johnslots.com and Newcasinos.com along with a series of smaller domains from Catena…

Industry ・ 31 January 2023

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Bally's Completes Previously Announced Acquisition of Tropicana Las Vegas

PROVIDENCE, R.I., Sept. 27, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) today announced its completion of the previously announced acquisition of the Tropicana Las Vegas with Gaming & Leisure Properties, Inc. ("GLPI") and PENN Entertainment, Inc. ("PENN"). Bally's, GLPI and PENN completed the transaction relating to the acquisition of the…

Industry ・ 27 September 2022

Nolimit City

Evolution has entered into an agreement to acquire Nolimit City, a leading producer and developer of online slot games

Evolution AB (publ)'s wholly owned subsidiary, Evolution Malta Holding Limited, ("Evolution") has entered into an agreement to acquire the entire issued share capital of Nolimit City Holding Ltd ("Nolimit City") for an upfront consideration of EUR 200 million (the "Transaction"). With earn-outs of up to EUR 140 million the total consideration can…

Gaming Authorities ・ 07 October 2022

Wild Casino

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Casino City Times

Evolution enters into agreement to acquire Nolimit City

Strategy Guide ・ 22 June 2022

Motley Fool Australia

Jackpot! Aristocrat share price jumps on stellar half-year results

The Aristocrat Leisure Limited (ASX: ALL) At the time of writing, the gaming technology company's shares are up 6.5% to $33.73. This follows the release of a strong half-year result which has offset the market selloff. Operating revenue up 23.1% to $2745.4 million Earnings before interest, tax, depreciation and amortisation (EBITDA) up 30.3% to…

Winnings ・ 19 May 2022

Asgam

MGM Resorts makes offer to acquire European online casino firm LeoVegas

MGM Resorts International has announced commencement of a public tender offer to acquire 100% of the shares of Swedish online casino firm LeoVegas AB. According to details released on Monday, the offer forms part of MGM's efforts to expand its global presence and further enhance development of its digital gaming and sports betting ambitions. The…

Travel ・ 02 May 2022

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Bally's Acquires $5M Stake in Snipp, Integrates Gambit Rewards Program

A deal was inked by a subsidiary of Bally's Corporation and Snipp Interactive to purchase a minority position in the global supplier of digital marketing promotions, rebates, and customer loyalty solutions. One of Bally's Corporation's subsidiaries will invest a total of $5 million in Snipp, and as a result of the investment, the subsidiary will be…

Sports ・ 25 April 2022

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Evolution Gaming Debuts Dual Play Games in Quebec

On March 23, 2022, Evolution Gaming issued a statement that it will be debuting two of its Dual Play tables for the first time in Canada. Loto-Québec's Casino Montreal will be the first Canadian land-based property to launch the provider's exciting Dual Play Roulette and Dual Play Baccarat live table games. The casino will now operate two of each…

Baccarat ・ 24 March 2022

Yogonet

Aristocrat to acquire Playtech for $3.7B to compete in US online gambling market

Playtech's shares rose 57% on Monday after the agreement was done. The offer values Playtech at $9.35 per share, a premium of about 58% of the company's last closing price on Friday. The combination of both companies is expected to create one of the largest B2B platforms in the gaming industry. The Australian supplier seeks to seize opportunities…

Industry ・ 14 November 2021

Share Cafe

Aristocrat Set to Take Massive UK Gamble

Poker machine and technology group Aristocrat Leisure is asking shareholders for $1.3 billion to help fund a massive $5 billion purchase of UK-listed global gambling software group Playtech. News of the huge deal and fundraising saw trading in Aristocrat shares halted yesterday to allow the placement to be done to investors at the big end of…

Travel ・ 19 October 2021

Asgam

Aristocrat launches US$2.9 billion bid to acquire online platform provider Playtech

Australian slot machine giant Aristocrat has launched an AU$3.9 billion (US$2.9 billion) bid to acquire online gaming platform provider Playtech plc. According to a Monday filing, Aristocrat has already received letters of intent or irrevocable undertakings from Playtech shareholders representing 20.7% of the company's outstanding shares, with the…

Strategy Guide ・ 18 October 2021

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Aristocrat US$2.9bn offer for online bet biz Playtech

Australia-listed slot machine maker and online gaming content provider Aristocrat Leisure Ltd has made a circa AU3.9-billion (US$2.7-million) cash offer to acquire all of London-listed Playtech Plc, a leading gaming content provider for the online and land-based casino industries. The cash offer represents a premium of approximately 58 percent to…

Covid ・ 18 October 2021

Aurora

Evolution Gaming has officially acquired big Time Gaming

A few months ago, the news was already announced that Evolution Gaming would acquire big Time Gaming. Then, in April, the news broke that the software provider had offered С$779.3 million. This month, Evolution Gaming finally received the green light from the financial institutions to complete the deal. As a result, the first payment of С$326.3…

Games ・ 05 August 2021

Baystreet

The Major Catalysts That Have Investors Rolling the Dice on Casino Stocks

Months after being docked by the pandemic, cruises are back out to sea. All after the Centers for Disease Control and Prevention allowed them to sail again with strict safety protocols, as noted by CNBC. "Royal Caribbean Cruises was the first cruise operator to sail a ship from a U.S. port since the beginning of the pandemic when its Celebrity Edge…

Finance ・ 07 July 2021

Tunf

Evolution has completed its Big Time Gaming acquisition

Evolution is a Stockholm-listed casino supplier. It has recently finalized its purchase of the slots developer, Big Time Gaming. After the making of the initial agreement in April, Evolution got all of its regulatory approvals for the finalization of the transaction. The company has recently paid an up-front sum amounting to EUR 220 million in a…

Industry ・ 07 July 2021

Gaming Post

Evolution Set To Acquire Big Time Gaming

Live casino games giant Evolution is on the verge of acquiring yet another big iGaming player in the world of digital and gaming entertainment. The company earlier this week confirmed that it has now tabled an offer to acquire Megaways-creator Big Time Gaming. The €450 million deal will see Evolution purchase Big Time Gaming in a combination of…

Finance ・ 12 May 2021

Gambling News

Evolution Gaming Group to Acquire Big Time Gaming for $534M

Big Time Gaming will be the latest addition to Evolution Gaming Group's growing portfolio of iGaming assets in a deal valued at $534 million. Evolution Gaming Group is on a roll. Following the acquisition of the world's leading manufacturer of slot games NetEnt, the company is moving to secure another landmark deal, offering to buy the entire share…

Finance ・ 07 May 2021

India Education

Aditya Bhushan, Indian executive takes on role as NetEnt’s new CTO

Indian executive Aditya Bhushan has taken over the chief technology officer (CTO) role at NetEnt following the departure of Tobias Palmborg last September 4. Bhushan was formerly the director of the game platform as well as the managing director of NetEnt India. He started his career as a software engineer at Nagarro Software AB in 2003 before…

Live Gambling ・ 23 May 2021

Vegas Slots Online

NetEnt and Evolution Gaming Post Strong Q2 Results

NetEnt and Evolution Gaming have posted strong Q2 results, as the lack of sporting events during the pandemic shifted gambling dollars to online casinos. [Image: Shutterstock.com] Live dealer game specialist Evolution Gaming and online casino game developer NetEnt both posted strong financial results for the second quarter of 2020. a jump in online…

Sports ・ 17 February 2022

SBC Americas

Evolution Gaming looks to bolster US presence with NetEnt buyout

Evolution Gaming has submitted a SEK19.6bn ($2.13bn) proposal to buyout NetEnt AB seeking to become the lead games distributor for regulated US market states. The proposed transaction sees Evolution offer 0.1306 shares for each share in NetEnt, valuing each at SEK 79.93 ($8.60) and all shares in the firm to approximately SEK 19.6bn. The…

Finance ・ 19 January 2021

Online Poker Report

Evolution Gaming Moves To Acquire NetEnt For $2.3 Billion

Live casino giant Evolution Gaming is pursuing a $2.3 billion deal to acquire all shares of rival gaming provider Netent. NetEnt shareholders indicated early Wednesday that they will approve the offer, which marked a 43% premium to NetEnt's share price at close on Tuesday. The seven-figure price tag is equivalent to 10x NetEnt FY20 revenue and 23x…

Live Gambling ・ 10 November 2021

iGaming Business

Evolution makes SEK19.6bn bid for NetEnt

Evolution Gaming has tabled a $2bn bid for slots giant NetEnt in a deal designed to strengthen their position in the US market. Stockholm-listed Evolution said the ambitious SEK19.6bn ($2.11bn/€1.87bn) offer for the casino game developer signalled its intent to become "the world leader in the online gaming industry". The offer has been welcomed by…

Finance ・ 14 December 2021

World Casino News

NetEnt AB being targeted by Evolution Gaming Group AB

Evolution Gaming Group AB has reportedly lodged a public offer worth some $2.12 billon that would see it fully acquire fellow Stockholm-listed online casino games developer NetEnt AB. According to a report from the Reuters news service, the Swedish innovator revealed that the envisioned arrangement would see it pay investors around $8.56 for each…

Games ・ 10 November 2021