DraftKings reports positive return from new market-making arm
The reported positive return and planned exchange indicate DraftKings is expanding its prediction-market activities.
Deals & M&A Page 105
Light & Wonder raises first-quarter revenue to AU$790 million as profit falls
Investors can assess higher revenue alongside lower profit, litigation settlement attribution and reported cash generation.
Data Room Nexus and As.Tro develop illegal online gambling observatory
The observatory's planned ongoing analysis may support industry efforts to identify unauthorised gambling activity.
Stakelogic Live launches casino portfolio with Hollywoodbets UK
Hollywoodbets UK adds Stakelogic Live’s casino games through Relax Gaming aggregation, expanding its available content.
Spinomenal partners Staryes to supply slots in Italy
The partnership gives Staryes users access to Spinomenal’s slot catalogue through the Reactive platform.
Acquisition
LCKY Group agrees to acquire RoyalCasino in Denmark
Investors can assess LCKY’s projected revenue and EBITDA growth while the Danish acquisition remains subject to regulatory approval.
ITL appoints Automated Transactions Colombia as authorised service centre
The appointment gives Colombian casinos a named local provider for ITL product maintenance, repairs and technical support.
Grand Korea Leisure reports April casino sales of KRW40.19bn
Operators and investors can compare the company’s monthly revenue trend with its table-game and gaming-machine performance.
Slotegrator offers Predictor engine to iGaming operators
The product offers operators an event-contract option that generates commission rather than taking wager risk.
Nirmata Play adds Riddec Games titles through Stargate distribution partnership
The agreement expands Riddec Games’ distribution through Nirmata Play’s operator network.
MGM reportedly considers renewed Entain takeover approach
A potential bid could affect the ownership of Entain and its BetMGM joint venture, but no transaction has been confirmed.
Sportradar CEO disputes short-seller allegations over black-market links
The allegations and Koerl’s response concern Sportradar’s exposure to unregulated gambling markets.
Acquisition
LCKY Group agrees to buy Danish operator RoyalCasino
The proposed acquisition would expand LCKY Group’s presence in Denmark, subject to regulatory approval.
ChatBet launches betting chatbot version 3 in Latin America
The launch adds a messaging-based betting channel for operators working with ChatBet in Latin America.
Wynn considers delaying $5.1bn UAE resort opening amid construction disruption
A possible postponement could disrupt Wynn’s planned resort opening timetable and affect its project partners.
Acquisition
Lottomatica group’s GBO agrees to acquire 20% of Bgame
The agreement gives GBO a minority stake in Bgame while leaving the company’s management unchanged.
DraftKings co-founder signals interest in microbetting markets
Potential expansion into rapid in-play markets comes as DraftKings faces a lawsuit alleging harms linked to microbetting.
J.P. Morgan projects 3% April decline in regional casino revenue
The projection gives casino investors and operators an indication of weaker April revenue across the markets tracked.
Lottomatica raises Q1 revenue 3% as online gaming grows 10%
Online revenue growth offset falling sports betting revenue, while Lottomatica forecast full-year results at the upper end of guidance.
SkillOnNet and Regency launch online casino in Greece
Regency’s first online gaming move adds a casino and live casino offering to Greece’s regulated market.
Spinomenal launches games with Entain in Germany and Austria
The agreement gives Entain customers in two regulated markets access to Spinomenal games.
GLI awards responsible-gambling seal to Zitro in Spain
The independent assessment provides a reported benchmark for Zitro’s player-protection and harm-prevention measures in Spain.
DigiPlus explores Manila Diamond Hotel acquisition in the Philippines
DigiPlus’s acquisition remains undecided, and competition review could take six to nine months, affecting expansion planning.
Lottomatica rules out entering European prediction markets
The position signals that Lottomatica does not plan to enter this product segment in the cited markets.
Flutter moves PokerStars Ontario operations to FanDuel from 7 May
Ontario operators and suppliers face a change in platform competition as PokerStars leaves its standalone service.