Bain Capital has started an open-market bidding process to sell INSPIRE Entertainment Resort in Incheon, South Korea, after taking management control following the previous operator’s loan default. The resort recorded KRW219 billion in revenue and an operating loss of KRW156.4 billion for fiscal 2024.
The sale process concerns ownership and management of a major casino resort in South Korea.
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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.
Digicann said it signed a binding share-exchange agreement to acquire Winning Asia Technology Macau Ltd through a proposed reverse takeover. The deal requires approval from Digicann shareholders and the Canadian exchange; it includes a planned 25-to-1 share consolidation and settlement of approximately CAD1 million in debenture principal, plus accrued interest.
Digicann Ventures said it signed a binding share-exchange agreement to acquire Macau gaming product distributor Winning Asia Technology Macau Ltd in a proposed reverse takeover. The deal requires approval from Digicann shareholders and the Canadian exchange.
Sports Information Services (SIS) will renew its sponsorship of the Gran Premio Nacional, which takes place at Buenos Aires’ Hipódromo Argentino de Palermo on 14 November, the company said. The race coincides with the venue’s 150th anniversary celebrations; SIS also distributes the track’s fixed-odds races to authorised operators in other markets.
Sports Information Services (SIS) will renew its sponsorship of the Gran Premio Nacional at Buenos Aires' Hipódromo Argentino de Palermo on 14 November, reportedly. The race coincides with celebrations of the racecourse's 150th anniversary.
Bally’s Intralot said its acquisition of evoke will not complete by year-end because further regulatory procedures remain, with their conclusion expected in the first quarter of 2027. The company reported third-quarter revenue of €286.1m, compared with €81.9m in the same quarter of 2025.
Bally’s Intralot said its acquisition of evoke will not be completed before the end of the year because further regulatory procedures remain. The company expects those procedures to conclude in Q1 2027. evoke is the parent company of William Hill.
Allwyn announced agreements with Kambi to develop a proprietary sportsbook platform and plans to acquire the remaining 30% of Instant Win Gaming. The Kambi agreements provide Allwyn with a perpetual global source-code licence and services, for consideration of €50 million over three years to 2029; about half is expected in 2027.
Allwyn announced agreements with Kambi Group to develop its own sportsbook platform and plans to buy the remaining 30% of digital instant-game supplier Instant Win Gaming (IWG). The platform is intended for online and retail betting.