Mergers, Acquisitions & Partnerships

WNBA’s Connecticut Sun Sale in Motion as Boston Move Looms

The Connecticut Sun may soon be calling Boston home if a record-setting sale and relocation plan gains approval from the WNBA’s Board of Governors. Steve Pagliuca, a minority owner of the NBA’s Boston Celtics a...

Betr Elevates PointsBet Offer, Pressures MIXI in Escalating Bidding War

Australian wagering firm Betr Entertainment has intensified its efforts to acquire PointsBet, announcing an upgraded all-scrip offer that places a higher per-share value than the rival bid from MIXI Australia. ...

PointsBet Board Dismisses Betr Bid, Supports MIXI’s Cash Offer Amid VIP Revenue Worries

Australian sportsbook operator PointsBet has once again declined a takeover proposal from rival Betr, pointing to concerns around the stability and risk profile of Betr’s revenue model. The company instead endo...

Allwyn Expands Digital Reach with Full Stoiximan Takeover Following Casino Asset Sales

Allwyn International AG has taken a decisive step toward bolstering its digital gaming footprint by finalizing plans to acquire the remaining minority stake in Stoiximan while divesting its land-based casino as...

DraftKings Explores Acquisition of Railbird to Enter Prediction Market Sector

DraftKings is reportedly engaged in acquisition talks with Railbird Exchange, a relatively new entrant in the prediction market industry. The discussions, still in preliminary stages, reflect DraftKings’ ongoin...