GAN and Sega Sammy amend merger agreement, pushing finalization to mid-2025

GAN has announced an amendment to its merger agreement with Sega Sammy, extending the final deadline for the acquisition to May 31, 2025. This adjustment allows additional time for regulatory approvals before the transaction is completed. Sega Sammy first agreed to acquire GAN, a provider of online

24like·0comment02-13

BlueBet EBITDA ahead of forecasts after betr merger

BlueBet, which recently merged with Australian gambling brand betr, posted Q2 turnover of AU$357m, up 131 per cent year-on-year. After the merger last year, BlueBet said in December that it reached a “critical inflection point” by finishing the month of November with positive EBITDA. And in its Q

25like·0comment02-03

BlueBet’s positive EBITDA a ‘critical’ moment

BlueBet said it reached a “critical inflection point” in November, finishing the month with positive EBITDA. CEO Andrew Menz noted the achievement came within three months of the merger with betr. The company said the merger has provided a “step change in scale and realisation of upgraded synergi

27like·0comment2024-12-09

Bally shareholders approve merger with The Queen Casino & Entertainment, transaction expected to be completed in the first half of 2025.

At the special meeting on November 19, Bally's Corporation shareholders approved the merger agreement with The Queen Casino & Entertainment.The agreement involves The Queen, a portfolio company primarily owned by Bally's largest shareholder, Standard General LP.The majority vote in favor reflects co

25like·0comment2024-11-24

GAN, Sega Sammy Creation merger approved by Nevada regulator

B2B gaming solutions provider GAN has received approval from the Nevada Gaming Commission for its merger with a subsidiary of Sega Sammy Creation. GAN expects the deal to close later on this year or early next year, after further customary closing conditions are met. “If the merger is completed, e

0like·0comment2024-10-10

Bally’s Acquisition Steams Ahead, Avoiding FTC Scrutiny

Bally’s Acquisition Steams Ahead, Avoiding FTC ScrutinyBally’s Corporation, a leading player in US gaming and entertainment, recently announced it has signed a definitive merger agreement with its largest shareholder, Standard General L.P. The deal, valued at $18.25 per share, appears poised to move

0like·0comment2024-09-17

Australia: BlueBet enters agreement to acquire wagering platform Betr

BlueBet Holdings has entered a binding asset sale agreement to acquire the Betr wagering business.BlueBet will issue approximately 265.4 million fully paid shares to Betr shareholders, which equates to around56.9% of BlueBet’s current shares. The merger is expected to triple BlueBet's customers unde

0like·0comment2024-09-06

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