List of mergers and acquisitions in online gambling

Last updated

The online gambling industry has seen an increase of mergers and acquisitions in recent years. [1] 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. [2] and a greater desire for economies of scale. [3] [4] Below is a list of notable deals.

Contents

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2001

2000

See also

Related Research Articles

Paddy Power is an Irish gambling company founded in 1988. Its product offering includes sports betting, online casino, online poker, and online bingo. Business operations are led from its headquarters in Dublin, alongside satellite offices in Leeds, London, and Malta. In February 2016, Paddy Power merged with Betfair to create Flutter Entertainment.

<span class="mw-page-title-main">Ladbrokes Coral</span> British-based betting and gambling company

Ladbrokes Coral is a British gambling company founded in 1886. 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.

Bwin.Party Digital Entertainment was an online gambling company, formed by the March 2011 merger of PartyGaming plc and Bwin Interactive Entertainment AG. Formerly the world's largest publicly traded online gambling firm, it was best known for its online poker room PartyPoker, World Poker Tour and its sports betting brand Bwin.

partypoker is an online poker card room. Launched in 2001 by PartyGaming, the site has had up to 80,000 players logged-in and was the largest online card room until 2006. In 2011 PartyGaming merged with bwin to form Bwin.Party Digital Entertainment. As of 2017, it remains among the largest online poker card rooms. The site was endorsed by Mike Sexton, the former host of the World Poker Tour television show. The domain partypoker.com attracted at least 3.6 million visitors annually by 2008 according to a Compete.com study. In 2016, after a protracted bidding process between 888 Holdings and GVC Holdings, Bwin.Party Digital Entertainment accepted GVC Holdings' bid for £1.1 billion. Today, the site is run by GVC Holdings and is available in 14 different languages. In addition to partypoker.com, partypoker also offers dedicated networks for French and Italian based players via partypoker.fr and partypoker.it, respectively. GVC Holdings also acquired Partycasino during the 2011 merger of Party Gaming.

<span class="mw-page-title-main">Gala Bingo</span> British casino company

Gala Bingo is an online bingo and casino offering under the ownership of Entain.

<span class="mw-page-title-main">888 Holdings</span> British online gambling company

888 Holdings plc, formerly Virtual Holdings Limited, is an international sports betting and gambling company. It owns brands such as 888casino, 888poker, 888sport, Mr Green, and William Hill. Business operations are led from its headquarters in Gibraltar, alongside satellite offices in Bucharest, Ceuta, Leeds, London, Malta, Sofia, and Tel Aviv. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Sportingbet is a British online gambling operator, owned by Entain plc. The company was listed on the London Stock Exchange and was a constituent of the FTSE SmallCap Index prior to its acquisition by GVC holdings.

Playtech plc is a gambling software development company founded in 1999. The company provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile gaming, live dealer games and fixed-odds arcade games online. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

bwin Austrian online betting brand

bwin Interactive Entertainment AG, formerly known as Betandwin, is an Austrian online betting brand acquired by Entain PLC. The group operated under international and regional licences in countries like Gibraltar, the Amerindian reserve of Kahnawake (Canada), and Belize; and Germany, Italy, Mexico, Croatia, Austria, France, and the United Kingdom in Europe. Bwin offered sports betting, poker, casino games, and soft and skill games, with most revenue coming from poker and sports betting. bwin had over 20 million registered customers in more than 25 core markets. Competence centres were located in Vienna, Stockholm, and Gibraltar.

Chartwell Technology was a gaming software developer focused largely on the online casino market. The company was based in Calgary.

Betsson AB is an online gambling company, producing casino, poker, bingo, sports betting and scratch cards websites, through more than 20 online gaming brands, including Betsson, Betsafe and NordicBet. Betsson AB is listed on the Nasdaq Stockholm Large Cap List.

Cryptologic Limited was a Dublin, Ireland-based software application service provider, one of the oldest established in the online gambling industry. It was acquired by the Amaya Gaming Group in 2012 and has since had its business-to-consumer division, WagerLogic, sold to a third party.

Boss Media AB, with its main headquarters in Växjö, Sweden, was a developer of software and systems for digitally distributed gambling entertainment. Boss Media was publicly traded on the Stockholm Stock Exchange from 1999 to 2008, when GEMed bought the company and rebranded it to GTECH Gaming.

<span class="mw-page-title-main">Kindred Group</span> Online gambling company

Kindred Group is an online gambling operator which consists of nine brands, among them Unibet, Maria Casino and 32Red. The Group offer products such as online casino, online poker, online bingo, and sports betting. The company is registered in Malta, but also has major hub offices in Gibraltar, London, Stockholm and the US in addition to smaller satellite offices across Europe and Australia. Kindred Group is a publicly listed company on the Stockholm Stock Exchange (Nasdaq). In 2017, the company's revenue was GBP 751.4 million.

<span class="mw-page-title-main">The Stars Group</span> Canadian gaming and online gambling company

The Stars Group Inc. was a Canadian gaming and online gambling company headquartered in Toronto, Ontario, Canada. Its shares were traded on Nasdaq and the Toronto Stock Exchange. It primarily operated poker, casino, and sports betting products under the PokerStars, Full Tilt Poker, BetStars, and Fox Bet brands.

Flutter Entertainment plc, formerly Paddy Power Betfair plc, 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 Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet.

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.

PartyCasino is an online casino first launched in 1997 under the name Starluck Casino before relaunching again in 2006 as a fully integrated platform. The casino offers over 500 games ranging from casino classics like Blackjack and Roulette to a wide variety of online slots.

Shay Segev is a business executive in the technology sector and the CEO of DAZN, the over-the-top (OTT) sports subscription streaming service. Described by Gaming Intelligence as a tech “futurist”, Segev is the former chief executive of Entain plc, previously GVC Holdings, a global sports betting and gambling company listed on the London FTSE 100 index. Before that he was chief operating officer of Playtech, a gambling software development company listed on London's FTSE 250.

References

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  2. ↑ Washington, Associated Press in (2018-05-14). "Sports betting set to become legal across US after supreme court decision". the Guardian. Retrieved 2018-06-03.
  3. ↑ "The biggest bets bookies are making are on their own futures". The Independent. 2015-09-19. Retrieved 2017-06-21.
  4. ↑ "Place your bets: Which gambling companies will strike the next deal?". The Telegraph. Retrieved 2017-06-18.
  5. ↑ "PENN Entertainment and ESPN Enter into Long-Term Exclusive Strategic Alliance for U.S. Online Sports Betting". 8 August 2023.
  6. ↑ "PENN Entertainment Completes Acquisition of Barstool Sports". 17 Feb 2023.
  7. ↑ "Flutter eyes Balkan expansion with acquisition of Serbia's MaxBet". Reuters. 2023-09-27. Retrieved 2023-10-12.
  8. ↑ "Entain Cee Acquisition of STS in Poland". LSE. 2023-06-13. Retrieved 2023-12-13.
  9. ↑ M, Muvija; Peters, Chris (2021-09-09). "888 stakes $3 bln to buy William Hill businesses". Reuters. Retrieved 2023-10-12.
  10. ↑ "News". sghc.com. Retrieved 2023-10-12.
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