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List Of Mergers And Acquisitions In Online Gambling
The online gambling industry has seen an increase of mergers and acquisitions in recent years. This has been caused by a number of factors including saturation of the market, consolidation in fragmented markets, the repeal of PASPA in the U.S. and a greater desire for economies of scale. Below is a list of notable deals. 2023 *David Portnoy acquires Barstool Sports from Penn Entertainment * betFIRST acquired by Betsson *Penn Entertainment acquires Barstool Sports *Flutter acquires MaxBet *Entain CEE (Entain + Emma Capital) acquired STS Holding for £750m 2022 * William Hill International acquired by 888 *Supergroup (Betway) merges with Sports Entertainment Acquisition Corporation *LeoVegas acquired by MGM 2021 * William Hill acquired by Caesars Entertainment *Entain acquires Enlabs 2020 *Zecure Gaming Limited, the B2C subsidiary of Gaming Innovation Group acquired by Betsson *Bet.pt acquired by GVC *Eldorado Resorts acquired Caesars Entertainment, retain Caesar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Gambling
Online gambling (also known as iGaming or iGambling) is any kind of gambling conducted on the internet. This includes virtual poker, casinos, and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today, the market is worth around $40 billion globally each year, according to various estimates. Many countries restrict or ban online gambling. However, it is legal in some states of the United States, some provinces in Canada, most countries in the European Union, and several nations in the Caribbean. In many legal markets, online gambling service providers are required by law to have some form of license to provide services or advertise to residents there. Examples of such authorities include the United Kingdom Gambling Commission or the Pennsylvania Gaming Control Board in the US. Many online casinos and gambling companies around the world choose to base themselves in tax ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BetBright
BetBright was a digital entertainment and online sports betting company based in Dublin and operating in the UK and Republic of Ireland. As of 5 March 2019, Betbright ceased gambling operations on a permanent basis after the company was bought by 888 Holdings for £15m. History BetBright was founded in 2013, by Marcus Brennan, Richard Brennan, Gary Hunter and Tadhg O'Toole. The company develop and operate its own sports betting and online casino platforms, instead of using a white-label system delivered by another provider. On 6 November 2014, BetBright announced the addition of its online casino product to complement the existing sports betting platform. In 2015, BetBright expanded on their sports betting by incorporating a range of virtual games from Betradar. On 30 January 2016, prominent racehorse owner and businessman Rich Ricci was unveiled as the new Executive Chairman of the company. In November 2016, BetBright's focus on internal product development resulted i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scientific Games Corporation
Light & Wonder, Inc., formerly Scientific Games Corporation (SG), is an American corporation that provides gambling products and services. The company is headquartered in Las Vegas, Nevada. Light & Wonder's gaming division provides products such as slot machines, table games, shuffling machines, and casino management systems. Its brands include Bally, WMS, and Shuffle Master. History The company traces its history to Autotote, a manufacturer of totalizator systems for parimutuel wagering at racetracks. The history of Autotote dates to 1917, when George Julius founded Automatic Totalisators Limited in Australia to build the totalizator system he had invented. Automatic Totalisators opened its U.S. office in New York City in 1953, and then moved it to Wilmington, Delaware in 1956. It moved again to Newark, Delaware in 1972. In 1978, the U.S. division was renamed as Autotote Ltd., to reflect its diversification into businesses other than totalizators, such as lottery syste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OpenBet
OpenBet is a provider of sportsbook technology, content and services, which is owned by OB Global Holdings LLC as of 2025. Description In 2020, it was the market leader in Canada where 80% of all digital sports bets were processed through its platform. In the same year in the UK, it accounted for 65%, and in Australia, 46%. The OpenBet platform is licensed in 13 US states, and last year 40% of all bets in the country were carried out on its platform. OpenBet develops front-end and back-office gaming products, including management and data analysis and reporting tools. Its platform is designed to allow users to bet and play in multiple languages and currencies across a range of products and platforms, including web, mobile, retail outlets, call centres and interactive television, with a single sign-on to a centralised OpenBet account. History Orbis Technology Ltd was founded on 2 February 1996 by Clive Haworth, James Caddy and Charles Malir. The company's first sports be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tatts Group
Tatts Group was an Australian gambling company. In 2017 the company combined with Tabcorp Holdings Limited under the Tabcorp brand. Tatts Group history The company had three divisions: Lotteries, Wagering and Gaming Solutions. Lotteries Tatts Group had a near monopoly on lotteries in Australia. Tatts Lotteries is the Lotteries Operating Unit of Tatts Group and as of September 2013 the company owned or leased: * Tatts Lottery, which operates lotteries in Victoria, Tasmania, and The Northern Territory. * Golden Casket, which exclusively operates lotteries in Queensland. * NSW Lotteries, which operates lotteries in New South Wales and The Australian Capital Territory. * SA Lotteries. which exclusively operates lotteries in South Australia. On 1 June 2016 Tatts Group created a national lottery brand called ‘ the Lott’. The brand encompasses all its jurisdictional lottery brands under this single entity. Corresponding with the change in branding, online lottery purchases w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tabcorp
Tabcorp is Australia's largest gambling company, employing more than 5,000 people. It is the largest provider of wagering and gaming products and services in Australia. Tabcorp is listed on the Australian Securities Exchange (ASX). History In 2017, Tatts Group combined with Tabcorp Holdings Limited to create a diversified entertainment group under the Tabcorp brand. The following year UBET was transitioned back into the flagship TAB brand. In July 2021, Tabcorp announced it would spin off its lotteries and keno business into a separate listed company, with Tabcorp retaining its wagering and media arm. Tabcorp history In 1961, the Victorian TAB (Totalisator Agency Board) was established, legalising off-course totalisator betting. Three years later in 1964, the NSW TAB was established, betting on two race meetings on its first day at Canterbury and Menangle. Tabcorp was listed on the Australian Securities Exchange by the Government of Victoria in August 1994, operating a wage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LeoVegas
LeoVegas AB is a Swedish mobile gaming company and provider of online casino and sports betting services such as table games, video slots, progressive jackpots, video poker and live betting to a number of international markets. LeoVegas Gaming Ltd. is a subsidiary of MGM Resorts International. Corporate history Leovegas was founded in 2011 by Gustaf Hagman (CEO) and Robin Ramm-Ericson (Chairman of the Board & Managing Director). LeoVegas experienced rapid growth due to the overriding increase in smartphone use and the "mobile first" mentality of its founders. Hagman stated that the company "was born out of the smartphone, which today is the fastest-growing channel for entertainment." As a result, the company has over 700 employees working for the provider. The initial stock market offering of the company took place on 17 March 2016. Financial advisers in the transaction were Carnegie Investment Bank and SEB, as Joint Global Coordinators and Book-runners. The legal advisers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CrownBet
BetEasy (formerly known as CrownBet and BetEzy) was an Australian corporate bookmaker offering online sports and racing betting platforms. BetEasy was licensed in the Northern Territory and owned by The Stars Group. BetEasy was the official wagering partner of the Australian Football League and the only corporate bookmaker able to provide its customers with access to the popular Sky Racing channels directly through its betting applications. History The BetEasy brand first launched in the Australian Market Basket Survey, Australian market in 2014 following the purchase and immediate rebrand of the former BetEzy brand by Matthew Tripp. In December 2014, Crown Resorts acquired a 66% shareholding and BetEasy transitioned to the CrownBet brand in March 2015. The deal offered a world-first integration of an online wagering operator with a land-based casino operation. In December 2017, Crown Resorts announced it would divest CrownBet as part of a string of asset sales that would rai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ladbrokes Coral
Ladbrokes Coral is a British gambling company. Its product offering includes sports betting, online casino, online poker, and online bingo. The Ladbrokes portion of the group was established in 1886, and Coral in 1926. In November 2016, the companies merged to create Ladbrokes Coral Group. Since March 2018, it has been owned by Entain. Prior to its sale, Ladbrokes Coral was listed on the London Stock Exchange, and was a member of the FTSE 250 Index. History The company was founded by Messrs. Schwind and Pennington in 1886, as commission agents for horses trained at Ladbroke Hall in Warwickshire. The name Ladbrokes was adopted in 1902, when Arthur Bendir joined the partnership, and operations were moved to London. Ladbrokes' London offices were first in the vicinity of the Strand, moved to Hanover Square in 1906 and, in 1913, to Six Old Burlington Street, Mayfair. From 1913 to 1956, Ladbrokes' clientele was exclusively drawn from the British aristocracy and upper classes, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sky Betting & Gaming
Bonne Terre Limited (trading as Sky Betting & Gaming) is a United Kingdom, British-based gambling company, owned by Flutter Entertainment, with headquarters in Leeds, West Yorkshire and offices in Sheffield & Solihull. Sky Betting & Gaming consists of five core brands: Sky Bet, Sky Vegas, Sky Casino, Sky Poker and Sky Bingo. In 2015, Sky Group, Sky plc sold an 80 per cent stake in the company to CVC Capital Partners for £600 million, with Sky retaining a 20% stake in the company and agreeing to a long-term licence of the Sky brand. In 2018, CVC and Sky (then in the process of being acquired by Comcast) agreed to sell Sky Betting & Gaming to The Stars Group for £3.4 billion, which was then acquired by Flutter Entertainment in 2020. Flutter Entertainment continues to use the Sky name and logo under license from Sky Limited. Sky Bet Sky Bet is the sports betting division of Sky Betting & Gaming, with the majority of its operations run from Leeds. History Sky Bet's origins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FanDuel
FanDuel Group is an American gambling company that offers sportsbook, daily fantasy sports, horse racing, and online casino services. The company operates sportsbooks in a number of states including New Jersey, Pennsylvania, Indiana and West Virginia, as well as an online horse race betting platform, and a daily fantasy sports service. The company was originally founded as a daily fantasy sports provider, and principally competed with DraftKings. In May 2018, amid the widening legalization of sports betting in the United States, FanDuel agreed to merge with the U.S. operations of Irish bookmaker Paddy Power Betfair (now Flutter Entertainment) to form FanDuel Group. The acquisition sought to leverage the company's existing brand recognition and user base, with FanDuel becoming the company's main U.S. brand. History FanDuel was formed by Nigel Eccles, Lesley Eccles, Tom Griffiths, Rob Jones and Chris Stafford on July 21, 2009 in Edinburgh, Scotland, as a pivot from Hubdub, a n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GVC Holdings
Entain plc, formerly GVC Holdings, is an international sports betting and gambling company. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It owns brands such as bwin, Coral, Ladbrokes, PartyPoker, and Sportingbet. History The company was incorporated in Luxembourg in 2004 as Gaming VC Holdings S.A. It was founded by a group of four American businesspersons, led by Steve Barlow, as a vehicle to acquire Casino-Club, an online casino established in 2001 that was reportedly the largest online gambling operator in German-speaking countries. The company made its initial public offering on the AIM exchange on 21 December 2004, raising funds that were used to complete the €105-million acquisition of Casino-Club on the same day. In 2010, Gaming VC was reorganised in the Isle of Man as GVC Holdings. In 2012, GVC and William Hill bought Sportingbet, with William Hill taking the Australian and Spanish markets, and GVC taking the rest of the worl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
