Monday, October 18, 2021
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Tag: Mergers & Acquisitions

MGM Resorts to buy The Cosmopolitan Las Vegas operations for $1.62b

MGM Resorts International said it agreed to buy the operations of The Cosmopolitan of Las Vegas for $1.62 billion to expand its customer base...

888 Holdings buys William Hill non-U.S. assets for $3b

Caesars Caesars Entertainment said it agreed to sell the non-US assets of William Hill to 888 Holdings Plc for approximately £2.2 billion ($3 billion).

Aristocrat: Acquisitions for digital growth

Aristocrat Leisure has bought three studios to expand its Digital game development capability, in line with its growth strategy.

Nazara Technologies expands with the acquisition of skill-based OpenPlay

India's Nazara Technologies has bought Hyderabad skill-based gaming company OpenPlay for INR186.4 crores to expand in the country's fast-expanding industry.

DraftKings acquires Golden Nugget Online Gaming for $1.56 billion

Sports betting giant DraftKings is acquiring Golden Nugget Online Gaming in an all-stock deal worth $1.56 billion.

South Korea developer Netmarble Corp acquires huge social casino company

South Korean game developer Netmarble Corp has acquired social casino game company SpinX Games for an estimated $2.2 billion.
Horse Racing

BetMakers posts record quarter, with AU$8.9mln in cash receipts

Australia’s BetMakers Technology Group says that it has recorded its “strongest quarter to date” in the quarter ending June 30th.
Star Entertainment Group

Star Entertainment retracts merger proposal with Crown

The Star Entertainment Group has retracted its proposal to merge with rival operator Crown Resorts, citing uncertainty in Crown being able to retain its Melbourne casino license.
Scientific Games

Five banks in focus for IPO of SG lotteries arm

Five Australian investment banks are reportedly in line to set up what could become the largest IPO on the Australia Securities Exchange, as Scientific Games (SG) seeks to list its global lotteries arm.

Berjaya to sell Sports Toto business in corporate overhaul

Malaysia's diversified Berjaya Corp. said it plans to sell its Berjaya Sports Toto number forecasting business as part of a corporate overhaul.