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Bet365 Acquisition Rumor Analysis: Coates Family Considers Selling Gambling Giant for 9 Billion Pounds

Bet365 Acquisition Rumor Analysis: Coates Family Considers Selling Gambling Giant for 9 Billion Pounds

1. Exposure of Core Transaction DetailsAccording to exclusive information from The Guardian, the Coates family, the controlling shareholders of global online gambling giant Bet365, are negotiating with Wall Street investment banks and American advisors to sell all or part of their business, valued

22like·0comment05-19
Phil Richards has been appointed as the Chief Financial Officer for GiG's platform and sports betting operations.

Phil Richards has been appointed as the Chief Financial Officer for GiG's platform and sports betting operations.

Gaming Innovation Group (GiG) has appointed Phil Richards as the new Chief Financial Officer (CFO) for its platform and sports betting. Richards' experience comes from online gaming, cybersecurity, and accounting, having worked at companies such as Kambi, Corero Network Security, Shell, and KPMG, wi

0like·0comment2024-09-18
With real money gaming stimulating revenue growth in the second quarter, DoubleDown considers further acquisitions.

With real money gaming stimulating revenue growth in the second quarter, DoubleDown considers further acquisitions.

Social casino expert DoubleDown Interactive, after entering the real money gaming sector in collaboration with SuprNation, may consider new acquisition opportunities, although the company insists "we will absolutely not turn ourselves into a purely igaming company".In November last year, SuprNation

0like·0comment2024-08-24
PrizePicks is considering M&A and financing options

PrizePicks is considering M&A and financing options

PrizePicks has partnered with investment bank Moelis & Co to explore potential M&A opportunities, according to industry sources. PrizePicks stands out in the DFS space with its unique approach to betting. Unlike traditional DFS platforms where users draft entire teams, PrizePicks

0like·0comment2024-08-01
Evolution acquires Galaxy Gaming for $85 million

Evolution acquires Galaxy Gaming for $85 million

On July 19, 2024, gaming and gaming company Evolution will acquire Galaxy Gaming, a leading casino gaming and technology development company. The two companies have reached an agreement under which Evolution will acquire Galaxy Gaming for $85 million in cash. As a leader in the developm

0like·0comment2024-07-23

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