CBGabriel

Better Collective has reported strong Q2 2024 results and disclosed a revised, lower acquisition price for Playmaker HQ following its underperformance. In Q2, Better Collective achieved a 27% year-on-year revenue growth, reaching €99 million, with organic sources contributing 5% to this increase. Recurring revenue also rose by 26% year-on-year to €62 million, making up approximately […]

Playtech has announced ongoing negotiations with Flutter Entertainment regarding the sale of its Snaitech business. On Wednesday, August 14, Sky News reported that Flutter is in discussions to purchase Playtech’s Italian division in a deal valued at around £2bn (€2.3bn/$2.6bn). Playtech revealed that Flutter is conducting due diligence on the business, having been granted a

Social casino specialist DoubleDown Interactive is considering new acquisition opportunities following its entry into real-money gaming with SuprNation, but maintains that it is not transforming into solely an igaming company. Acquired for $36.5 million in November last year, the SuprNation deal marked DoubleDown’s expansion into real-money gaming. Q2 was the second full quarter that SuprNation

Nuvei Corporation, a leading payment technology partner, has announced a definitive agreement to acquire Pay2All, a licensed payment institution in Brazil. On April 18, Brazil’s Ministry of Finance’s Prizes and Betting Secretariat (SPA) published Normative Ordinance No 615 in the Official Gazette of the Union. This ordinance mandates that payment institutions must obtain authorization from

Stake is advancing its global expansion by acquiring Italy-based Baldo Line and its Idealbet.it brand. Following the November acquisition of Betfair Colombia, which opened access to the Latin American market, Stake continues its expansion into new regulated markets. Idealbet will strengthen Stake’s foothold in Italy’s mature market, maintaining its brand identity while incorporating Stake’s extensive

The New Zealand government has introduced a new regulatory framework for online casinos, aiming to reduce harm while improving consumer protection and tax collection. This new system will require online casino operators to obtain licenses and meet strict criteria before offering services to New Zealanders. Minister of Internal Affairs, Brooke van Velden, stated, “Licensing is

Sportingbet and Caesars Sportsbook’s Big Brazil have both submitted their license applications in Brazil, becoming the fourth and fifth operators to do so. Sportingbet applied for a sports betting and igaming license in Brazil on Thursday, July 25. The following day, Caesars Sportsbook’s licensee Big Brazil also submitted its application, joining Sportingbet, Betano, Superbet, and

Apollo Global Management has announced a $6.3 billion acquisition of International Game Technology’s (IGT) gaming division and Everi Holdings, surpassing the companies’ previous merger intentions. Under the new arrangement, Apollo will separate IGT’s gaming segment and merge it with Everi, a leading supplier of casino technology and payment solutions, into a single enterprise. Everi shareholders