Board members at Flutter and The Stars Group further outlined the details of the synergies from the companies’ mega-merger, while also assuring stakeholders that the deal would pass any competition-related hurdles.
Flutter Entertainment, the parent company of Paddy Power Betfair, has agreed a deal to acquire all of the shares in The Stars Group and merge with the operator to form a combined business with annual revenue of £3.8bn (€4.3bn/$4.7bn).
Inspired Entertainment has completed its purchase of Gaming Technology Group (NTG), a division of Austrian gaming equipment and solutions giant Novomatic’s UK subsidiary. The deal is worth $120m (£97.8m/€109.9m) and covers the six companies within NTG.
Kindred Group has joined forces with Swedish community initiative, "NU: Nolla Utanförskapet" (End Exclusion), to develop and launch a new project aimed at helping socially vulnerable young adults in Stockholm.
Raketech Group has appointed Måns Svalborn as its new chief financial officer after Andreas Kovacs stepped aside from the role to take up the position as director of business development at the performance marketing specialist.
GVC Holdings has today (30 September) launched the GVC Foundation, a new body that will execute its global corporate social responsibility (CSR) strategy, as well as announcing a host of new CSR projects.
The Tennis Integrity Supervisory Board has approved plans to merge the anti-corruption and anti-doping divisions within a single organisation as part of an effort to enhance the integrity of the professional sport.
Problem gambling funding body GambleAware has partnered the University of Bristol on a new research project examining how UK banks and other financial services organisations can help people suffering with or are at risk of gambling-related harm.
New Zealand’s Minister for Racing, Winston Peters, has outlined his expectations for the country’s new Racing Industry Transition Agency (RITA), saying that he anticipates the body leading the national horse racing industry to sustainable growth.
NetEnt chief operating officer Björn Krantz has left the slot specialist after more than ten years, iGamingBusiness.com has learned. Following his departure, the company is to restructure its commercial teams into a single unit.
iGaming software supplier and white label solutions provider EveryMatrix has announced that it will give up its B2C operating licences for remote betting and casino in the UK and instead focus on its B2B operations.
The UK’s Competition and Markets Authority (CMA) has given its approval to Inspired Entertainment’s proposed acquisition of Gaming Technology Group (GTG), a division of Austrian gaming equipment and solutions giant Novomatic’s UK subsidiary.