Tag: Mergers & Acquisitions
FanDuel worth $31 billion, Jefferies analyst says
Boyd Gaming’s US$1.7 billion sale of its 5% stake in FanDuel implies a US$31 billion value for the online sports betting provider,... more
Novomatic executive outlines pending Ainsworth acquisition to Nevada regulators
Austrian gaming-technology company Novomatic told Nevada regulators this week that criminal investigations against the company that date... more
Intralot/Bally’s presentation draws scant interest
Glitches were many, questions were but one and Bally’s Corp. CEO Robeson Reeves was a no-show. Such was the nature of a webinar intended... more
California: Family buyout deal triggers purchase of San Jose casino property
A prominent San Jose casino property is now firmly in the hands of a Bay Area business executive following a $70 million-plus deal among... more
What could gaming equipment megamerger mean for consumers? New games, analysts say
Gaming enthusiasts should expect to see some new games on casino floors in the future. The recent $6.3 billion merger of casino equipment... more
South Africa casino operator Sun International scuppers US$400M acquisition of Peermont over regulatory delays
Sun International’s R7.3 billion acquisition of Peermont has been terminated after the Competition Tribunal scheduled a long-awaited... more
Bally’s ready to pull out of Star rescue deal if Australia’s AML watchdog issues monster fine
US casino operator Bally’s Corp may have to withdraw from its multi-million-dollar rescue of Star Entertainment Group should the... more
Novomatic completes acquisition of France’s Vikings Casinos group
Austrian gaming technology group Novomatic has completed its acquisition of French casino operator Vikings Casinos, following regulatory... more
Analyst: IGT sale ‘a positive step’ for company
International Game Technology (IGT) having closed the sale of its gaming business, Jefferies Equity Research analyst David Katz called it... more
Intralot to acquire Bally’s International Interactive business
Intralot and Bally’s Corp. on Tuesday announced that their respective boards have approved an agreement for Intralot to acquire Bally’s... more
