Tag: Mergers & Acquisitions
Aristocrat finalizes acquisition of NeoGames
Aristocrat Friday announced that all conditions and requirements for the acquisition of NeoGames have been satisfied, and the acquisition... more
Cost cutting helps push Kindred’s net profit up 22.7% in Q1 as North American exit, possible sale to FDJ approach
Kindred Group reported a 22.7% increase in net profit to £31.4m ($39.1m) during its first quarter, helped by cost reduction initiatives... more
U.S. Integrity, Odds On Compliance, complete merger
U.S. Integrity and Odds On Compliance Tuesday announced the completion of their merger. Going forward, the companies will be known as... more
Nevada Gaming Commission approves Aristocrat acquisition of NeoGames
The Nevada Gaming Commission Thursday signed off on Aristocrat acquiring NeoGames for AUS$1.5 billion (US$962 million). The... more
With less than three months left, New Hampshire casino hasn’t found a buyer
At the start of the year, Concord Casino was ordered to close its doors and sell the business within six months, but, so far, no buyers... more
Springfield officials pledge to keep the city whole even if MGM sells the Massachusetts casino
It has been three weeks since a report by Bloomberg News that MGM Resorts might be looking to offload casinos in Springfield and Ohio. The... more
BetMGM co-owner Entain’s shares rise on report of sell-off
Shares in takeover target Entain rose yesterday following reports private equity predators are poised to swoop in on the Ladbrokes and... more
Fanatics Betting and Gaming completes $225 million acquisition of PointsBet
Fanatics Betting and Gaming Thursday closed on a previously announced acquisition of PointsBet with the addition of the state of Illinois.... more
Aristocrat’s acquisition of NeoGames moves forward with Nevada regulators
Aristocrat is on track to acquire NeoGames after the Nevada Gaming Control Board Wednesday recommended the acquisition be approved. The... more
Springfield mayor, MGM executives meet to talk about possible casino sale
Mayor Domenic J. Sarno said he met on Wednesday with Bill Hornbuckle, president and chief executive officer of MGM International, and Louis... more