Las Vegas-based casino giant MGM Resorts International has launched a bid to acquire Swedish iGaming operator LeoVegas for $607 million (€577 million), via an offer of SEK61 (€5.85) in cash per share.
Online gambling has hit its highest ever rate in the UK, with one in four Britons placing bets online, according to newly released figures by the UK Gambling Commission. The most popular form of online gambling outside of lotteries was sports betting, particularly football.
Playtech reported €112.3m (£93.4m/$123.3m) in adjusted net profit for its 2021 financial year, amid ongoing talks over a potential acquisition of the business by TTB Partners.
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UK-based Bet365 was seemingly unphased by COVID in the year ending March 2021 as it registered a full-year revenue of £2.82bn (around €3.4bn), at par with the £2.81bn (around €3.39bn) it registered a year prior.
Apollo Global Management is having preliminary discussions with sports betting companies to merge their assets with Yahoo Sports, as reported by CNBC.
The Landtag of North Rhine-Westphalia has made the decision to open the German state to online casino operations, under the the Fourth Interstate Gambling Treaty (GlüNeuRStv).
PokerStars has notified players and media partners in Georgia, that it will terminate its online gambling services for the CIS nation on 1 March 2022.