Mergers, Acquisitions & Partnerships

Royals and Underdog Team Up on Missouri Sports Betting Deal

The Kansas City Royals and sports gaming operator Underdog have entered into a multi-year agreement that grants Underdog market access for sports betting in Missouri. The partnership, announced Monday, Septembe...

DraftKings Signs Landmark Multi-Year Deal With NBCUniversal

DraftKings has reached a milestone in its expansion strategy by finalizing a multi-year advertising agreement with NBCUniversal. The partnership, unveiled this week, will provide DraftKings with exclusive right...

PrizePicks Secures Historic NFA FCM Registration, Opening Door to Prediction Markets

PrizePicks has taken a major step into the regulated predictions space after receiving approval from the National Futures Association (NFA) to operate as a Futures Commission Merchant (FCM). Its subsidiary, Per...

Paradise Secures Grand Hyatt Incheon West Tower in $151M Deal

Paradise Co. Ltd., South Korea’s leading foreigner-only casino operator, is expanding its footprint in Incheon with the acquisition of the Grand Hyatt Incheon’s West Tower. The company confirmed on September 23...

Virgin Bet Backs TNT Sports for Europa League Sponsorship

Virgin Bet has revealed a landmark sponsorship agreement with TNT Sports, marking its debut in football partnerships by backing the broadcaster’s exclusive coverage of the UEFA Europa League and UEFA Europa Con...

Allwyn to Acquire Majority Stake in PrizePicks in $1.6B Deal

Allwyn International has struck a landmark agreement to buy a controlling stake in PrizePicks, marking its boldest move yet into the U.S. sports and entertainment market. The multinational lottery operator conf...

DigiPlus Weighs Possible City of Dreams Buyout Amid Industry Speculation

DigiPlus Interactive Corp., the operator of BingoPlus, ArenaPlus, and GameZone, is facing heightened market attention following reports that it could purchase a controlling interest in City of Dreams Manila fro...

Intralot Secures €660M Financing to Support Bally’s Interactive Acquisition

Intralot S.A. has confirmed the completion of a significant financing arrangement worth €660 million to help fund its previously announced acquisition of Bally’s International Interactive. The company revealed ...

Genius Sports Acquires Sports Innovation Lab to Advance Fan Data Strategy

Genius Sports has completed the acquisition of Sports Innovation Lab (SIL), a fan data and insights company, in a move that accelerates the growth of its media and advertising operations. While the financial te...

Melco Resorts Announces Closure of Grand Dragon Casino and Mocha Kuong Fat

Melco Resorts & Entertainment Ltd. has confirmed the upcoming closure of two of its Macau-based venues: Grand Dragon Casino in Taipa and Mocha Kuong Fat in downtown Macau. The company announced that Grand D...

Evolution and Gaming Arts Join Forces to Bring Online Slots to Casino Floors

Evolution, a company best known for its dominance in online casino entertainment, has entered into a landmark partnership with Gaming Arts LLC to bring some of its most celebrated digital slot titles into physi...