Take-Two Interactive is acquiring social and mobile game pioneer Zynga for $127 billion. The blockbuster deal is likely the largest in video game history and will greatly expand Take-Two Interactive's mobile gaming portfolio. Under the terms of the deal, Take-Two will be buying out all outstanding shares of Zynga for $9.86 a share. That's an…
Flutter is looking to expand its international lottery portfolio with the acquisition of Italian lottery operator Sisal. The deal is looking to be worth around €1.91 billion ($2.5 billion USD) and could be completed by the end of Q2 2022. Sisal, which is currently owned by CVC Capital Partners is an international lottery powerhouse that…
You only have to browse the recent headlines to see how significant acquisitions have become in the iGaming space and especially in the US market. Not a week goes by without billion-dollar buy-outs being put forward for some of the biggest companies in the business. One of the most interesting is the battle for Playtech,…
As the US iGaming space hots up, many of the top operators are looking for ways to rapidly scale and bolster their finances in order to leverage the huge opportunities on the table. Wynn Interactive, the online division of land-based operator Wynn Resorts, is among the market power players and earlier this year announced it…
If you’re UK-based sports betting giant Entain, it feels good to be wooed. Earlier this year MGM Resorts offered $11 billion for Entain, but DraftKings has blown that deal away, dangling more than $22 billion in cash and stock for the company last month. The size of the proposed deal cannot be understated. DraftKings is…
