Tag Archives acquisition

DraftKings to merge with Diamond Eagle Acquisition Corp. and SBTech; becoming public company

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DraftKings, a daily fantasy sports and bookmaker, is merging with Diamond Eagle Acquisition Corp. and SBTech, to become a public company. Because the merger includes a special purpose acquisition company, DraftKings will become public and avoid the standard IPO process. New Deal: The new merger was announced on Monday. With DraftKings combining with the ...

Blueprint Gaming adds to portfolio with recent Livewire Gaming acquisition

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Hot on the heels of its latest release, and multiplatform developer for digital games, Blueprint Gaming, has now announced its acquisition of Livewire Gaming, United Kingdom-based games creator. The move further bolsters the Nottinghamshire-headquartered firm’s position as a top slots supplier to every sector of the competitive gaming industry. Established in 2007, Livewire Gaming ...

Majority share acquisition to see Gaming Innovation Group enter Croatian market

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iGaming technology company, Gaming Innovation Group Inc. (GiG) (OSL:GIG), has agreed a deal that pending regulatory approvals will see it acquire a majority stake in Croatian operator Top Games d.o.o. Under the terms of the share purchase agreement, the Stockholm-listed gaming operator and supplier will acquire 75% of Top Games’ shares and plans to ...

Churchill Downs to “to restore Turfway to its former glory” in $46m acquisition

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Louisville-headquartered racetrack and casino operator, Churchill Downs Inc. (NASDAQ: CHDN), has reportedly entered into an agreement to acquire the Thoroughbred racetrack in Northern Kentucky, Turfway Park, from Jack Ohio LLC and Hard Rock International. The $46 million deal is contingent on approval by the Kentucky Horse Racing Commission (KHRC), which will meet on Tuesday. ...