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All Mergers & Acquisitions News Articles
1602 Results - Page 1
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Caesars, MGM Resorts, Bally’s, Evoke: Gaming Analysts Bender and Beynon Assess What Comes NextMergers & acquisitions activity in the gaming sector is heating up, with the latest deal seeing Evoke agree to a takeover by Bally’s for £243 million ($326 million). We spoke… -
What £180 Million in ‘Synergies’ Under Bally’s Acquisition Means for William Hill WorkersA reduction in headcount appears to be part of the strategy as two major gambling companies merge. Bally’s Intralot’s £243 million ($326 million) takeover of evoke plc promises transformational synergies,… -
‘Trillions of Wealth Creation’ Bode Well for MGM Resorts, Caesars AcquisitionsAnalysts see a strong future for Las Vegas tourism and growth in the digital sector as positives for Barry Diller’s proposed takeover of MGM Resorts. With the potential acquisition of… -
Parlays, Insider Trading, Fertitta and Sinner Factor in This Week’s Gambling Industry Bingos & BustsLet’s recap some of the top stories in the gambling business this week. Prediction markets continue to dominate the gambling industry news cycle, as parlays, insider trading and President Trump… -
What Churchill Downs Gets for Its $85 Million Preakness PurchaseAcquiring the Preakness’ intellectual property may also allow Churchill to bolster racing at Pimlico, if Maryland officials are open to it LOUISVILLE – One of the more interesting news items… -
Bally’s Intralot Targets £225m Evoke Takeover as William Hill Owner Weighs OfferBally’s Intralot is eying a £225m approach for Evoke, the owner of William Hill and 888. Bally’s Intralot is in discussions to acquire Evoke (formerly 888 Holdings), in a proposed…
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Fertitta Reportedly Tops Icahn With $7B Caesars BidTilman Fertitta has reportedly submitted a bid of roughly $7 billion to acquire Caesars Entertainment, topping Carl Icahn’s competing offer. Roughly two weeks after reports emerged that Caesars Entertainment could…
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Underdog Acquires Aristotle Exchange as It Accelerates Prediction Market StrategyUnderdog has acquired Aristotle Exchange, gaining control of a CFTC-regulated platform as the company accelerates its shift toward prediction markets. Underdog has acquired Aristotle Exchange, a designated contract market (DCM)…
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Genius Sports Pushes Back on Investor Criticism of $1.2B Legend Deal in Q4 Earnings CallGenius Sports used its Q4 earnings call to defend its $1.2B Legend acquisition after investor skepticism. After posting its strongest revenue growth since 2021 and its highest-ever adjusted EBITDA margin…
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PokerStars to Retire Standalone US Platforms, Merge With FanDuelPokerStars will retire its standalone U.S. platforms and integrate with FanDuel, expanding shared liquidity across New Jersey, Pennsylvania, and Michigan while tapping into FanDuel’s growing iGaming user base. PokerStars will…
