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Affinity Interactive agrees to sell DRF Bets to 1/ST TECHNOLOGY

Deals & M&A

Affinity Interactive agreed to sell its DRF Bets advance deposit wagering platform to 1/ST TECHNOLOGY, the companies said. 1/ST TECHNOLOGY will take ownership and operational control and rebrand it as 1/ST BET PRO; existing customers can use their current credentials on the new service.

The sale transfers DRF Bets’ ownership and operations to 1/ST TECHNOLOGY, changing the platform’s brand for existing customers.

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Deals & M&A

Capula takes €65 million positions in CIRSA-Lottomatica merger

Capula Investment Management has taken positions in CIRSA and Lottomatica ahead of their proposed merger, reportedly seeking to benefit from a difference in their share prices and the exchange value. Its declared CIRSA exposure is about €30 million, while its short position in Lottomatica is valued at about €35 million; the integration is planned for Q2 2027, subject to approvals.

Capula Investment Management has reportedly taken positions in CIRSA and Lottomatica ahead of their planned merger. The arbitrage strategy seeks to benefit from differences between the companies' share prices and the value resulting from the deal.

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