Games News
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PointsBet Agrees to Sell Its US Business to Fanatics Betting and Gaming For $225 Million
After lengthy negotiations, PointsBet sold its US wagering business to Fanatics for $225 million, as New York Post (NYP) reports. The sale came in the photo-finish of the bidding war between the Fanatics and DraftKings to allow the Australian company to recommend shareholders to vote in favor of the takeover on June 30, according to the Sydney Morning Herald (SMH).
Bidding War:
The initial agreement between PointsBet and Fanatics Betting and Gaming reportedly settled at $150 million in May 2023. A month later, DraftKings offered to pay $195 million for the PointsBet’s US sports betting vertical. But, NYP reports that the actual cost was much higher as PointsBet had a four-year $250 million advertising agreement with NBC.
It means that th…
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Playtika Signs Acquisition Agreement with Israeli-based Innplay Labs for up to $300 Million
Digital entertainment company, Playtika Holding Corp. (NASDAQ: PLTK), will reportedly acquire fellow Israel-based company Innplay Labs for as much as $300 million (£241.4m/€281.5m), having entered into a definitive agreement.
Per Form 8-K posted by Playtika on Sept. 14, 2023: Playtika Limited agreed to purchase from the Sellers, and the Sellers agreed to sell to Playtika Limited, all of the issued and outstanding share capital of InnPlay (the “Transaction”) for an aggregate purchase price equal to (i) $80,000,000, payable at the Closing, subject to certain post-closing adjustments, plus (ii) earnout payments of up to $220,000,000, the amounts of which will be based on certain gross revenue growth performance metrics of InnPlay during the two years fol…
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Portugal premiere for MGA Games via PokerStars.pt alliance
Spanish online casino games developer MGA Games has announced that a large selection of some of its most popular titles will be going live in Portugal via the PokerStars.pt domain from prominent iGaming operator Flutter Entertainment.
The Barcelona-headquartered innovator used an official Wednesday press release published by European Gaming Media and Events to state that the debut is to encompass its ‘most successful and international productions’ including the CSI: Miami, Dream 3 Team and Samantha Fox video slots. The firm declared that the launch will moreover embrace ‘100% localized slot games starring well-known Portuguese characters’ such as Fanny Rodrigues, Salvame Naranja, Paulo Futre and Chakall.
Attractive allure:
Nolimit City Limited inks Swedish online casino integration deal
Maltese online casino games and software developer, Nolimit City Limited, has announced the signing of a deal that is to see its complete portfolio made available to players via the recently-launched iGaming domain from Swedish horseracing firm, AB Trav och Galopp (ATG).
Outright offering:
The Gzira-headquartered innovator used an official Thursday press release to declare that the agreement follows the completion of a request for proposal (RFP) process and will involve the Sweden-licensed site at ATG.se utilizing its full HTML5-friendly range of video slots including its new Tombstone, Owls and Starstruck titles.
Growing client list:
Pragmatic Play Limited inks Bet.pt partnership
Online casino games developer, Pragmatic Play Limited, is continuing to expand its European client base after inking a content supply deal with Bet Entertainment Technologies Limited concerning the operator’s Portugal-licensed domain at Bet.pt.
‘Full portfolio’ arrangement:
The Malta-headquartered firm used an official Tuesday press release to declare that the agreement is due to see it provide Bet.pt with its ‘full portfolio’ of over 80 HTML5-friendly games including the popular Wolf Gold and Gold Rush titles as well as the new Ancient Egypt Classic and Leprechaun Carol innovations.
Continuing penetration:
Pragmatic Play Limited first entered the Portuguese iGaming market in late-August courtesy of an arrangement with…
iSoftBet to significantly boost audience in Latin America via new content supply deal with Colombian operator WPlay
On the back of its partnership with Jugadon in Argentina and British casino software company iSoftBet has entered into an agreement with Colombian online casino and sports betting platform, WPlay, that will see it supply the operator with an assortment of its player-favorite slot products.
Under the deal, the London-headquartered provider will by mid-year have launched 22 of its premier branded slot titles with what is a pioneer of online gaming in Latin America, making them accessible to wplay.co’s customers. The B2B partnership sees iSoftBet continue to grow its network of operator partners, adding distinguished businesses from the key region.
Popular In Region:
“WPlay is widely recognised as a pioneer in the Colombian market…
Record-breaking September for Nevada sportsbooks
Sportsbooks in Nevada reportedly had a great September after their combined monthly handle hit an all-time high of just over $558 million while their aggregate income of $44.4 million represented the best tally since 2014.
According to a report from Legal Sports Report citing official figures from the Nevada Gaming Control Board, September’s sportsbetting handle beat the previous record of $557.4 million set in November of 2015 and was some 27% higher year-on-year than for the corresponding month in 2016.
Legal Sports Report explained that Nevada’s sportsbooks have only declared aggregate handle of over $500 million five times previous before detailing that September is normally seen as a relatively flat month for the sector.
Nevada’s sportsbooks reportedly also…
Red Tiger Gaming to release new Pirates Plenty February 28th
Red Tiger Gaming has been super busy as of late, attending ICE London and showcasing new gaming content, as well as just being named the iGaming Software Supplier during the International Gaming Awards and earned the Casino Supplier of the Year during the Gaming Intelligence Awards. The company is now preparing to launch a brand new slot game titled, Pirates Plenty, later on this week. As of February 28th, the new title will be live, offering players a unique gaming experience.
Pirates Plenty:
We first heard of the new Pirates Plenty slot game last year and have been awaiting new details ever since. The game offers players a sea adventure featuring ghostly pirates and golden treasure. It features a 5×3 layout with 20 payline…
Churchill Downs Incorporated heralds Kentucky Derby success
In the United States and Churchill Downs Incorporated has announced that 147,294 people packed into its Churchill Downs Racetrack on Saturday to see Rich Strike claim an unexpected victory at the 148th running of its Kentucky Derby.
The Louisville-headquartered firm used an official press release to detail that the triumph for the Eric Reed-trained animal represented the second-longest in the history of the prominent horseracing extravaganza with the winner’s eventual odds of 80-1 only being surpassed by the 91-1 of 1913 champion Donerail.
All-time achievement:
This year’s Kentucky Derby was the first to be held since the upheaval of the coronavirus pandemic with the Daily Racing Form newspaper using a Saturday re…
Relax Gaming significantly boosts UK presence; signs new content partnership deal with William Hill
On the heels of the release of its latest in-house developed slot adventure and iGaming supplier and aggregator Relax Gaming has teamed up with global online gambling giant William Hill in a deal that significantly expands its presence in the United Kingdom.
In addition to Relax’s own unique games, the deal also makes available iGaming content from all Powered by Relax and Silver Bullet platform partners, such as 4ThePlayer, Fantasma Games, and Australian games developer, ReelPlay, to the London-headquartered operator.
Agreement details:
Made possible by the provider’s successful partnership programs and in keeping with its global expansion strategy, the alliance will now see the supplier’s range of titles enhance …
