PointsBet Proceeds With $195 Million US Operations Sale With DraftKings

Three days after the receipt of the comprehensive $195 million offer from DraftKings on June 16, 2023, Australian online sports wagering operator PointsBet Holdings agreed to proceed with the sale of its US businesses to the leading US sportsbook, according to the company’s statement transferred by the Asian Gaming Brief. PointsBet Engages with DraftKings: The Australian company engaged in the

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GLI Acquires iTech Labs to Keep Pace With Online Gaming Production Growth

Gaming Laboratories International (GLI), the test service and consultancy provider to the iGaming industry, has acquired outstanding shares in a leading online gaming testing laboratory, iTech Global.According to GGRAsia, the acquisition enabled  GLI Australia to acquire the 100% ownership over ITech Global which became a fully-owned vertical of the Australian company providing expertise to iGaming suppliers, operators, and regulators. New

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Penn Entertainment Fully Acquired Barstool Sports

Penn Entertainment Inc. just bought the whole Barstool Sports for about $388 million. Penn already owned a huge part of Barstool, but the company decided to acquire the remaining part. The reasons behind the complete acquisition:  Their partnership started in 2020 when they joined forces to deliver exclusive sports betting and iCasino content. Back then, Penn owned 36% of the

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Greentube acquires major share in iGaming systems and platforms provider Alteatec

Greentube, the digital gaming and entertainment division of NOVOMATIC, has acquired the majority of shares in Alteatec, the market-leading iGaming management system supplier and platform provider. Strengthening the infrastructure: Following the terms of the agreement, Greentube Austria will take over a major stake in the Malta-based IT company to strengthen its B2B infrastructure and use Alteatec’s leading iGaming technology Olympus

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DoubleDown Interactive acquires SuprNation for $35 million cash to grow real money gaming foothold

A leading digital games developer and publisher, DoubleDown Interactive, announced that it has entered a Share Purchase Agreement for the acquisition of SuprNation, a Swedish iGaming provider of exclusive gaming experiences. The deal involves cash considerations for approximately $35 million and is subject to the final 2022 financial review. Acquisition announced: DoubleDown Interactive has many years of experience in online

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