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Paysafe FY24: Revenue Increases by 6% to $1.7 Billion; Plans to Sell Business Lines

Paysafe FY24: Revenue Increases by 6% to $1.7 Billion; Plans to Sell Business Lines

Paysafe has signed a final agreement as part of its FY24 update to sell its direct sales payment processing business line.Fourth Quarter of 2024For the three months ending December 31, 2024, the company's total revenue grew by 1%, reaching $420 million.Breaking it down by verticals, Merchant Soluti

30like·0comment02-18
BlueBet eyeing Australian market expansion with $9.4 million TopSport acquisition

BlueBet eyeing Australian market expansion with $9.4 million TopSport acquisition

BlueBet has acquired Queensland bookmaker TopSport in a deal worth AUD 15 million ($9.4 million). The acquisition includes TopSport’s customer base, brand, intellectual property, and key contracts, along with selected employees, including CEO Tristan Merlehan, who joins BlueBet’s executive team as c

24like·0comment02-13
BlueBet Acquires TopSport Via Binding Asset Agreement

BlueBet Acquires TopSport Via Binding Asset Agreement

BlueBet Acquires TopSport Via Binding Asset AgreementASX-listed global online wagering provider and sportsbook BlueBet has officially announced its acquisition of TopSport through a binding asset sale agreement.This news marks a significant move expected to strengthen BlueBet’s position in the Austr

25like·0comment02-05
Vibra Group concludes the acquisition of TSA in Brazil to accelerate its growth plans.

Vibra Group concludes the acquisition of TSA in Brazil to accelerate its growth plans.

O Vibra Group, a content and platform provider for the Latin America region, has acquired TSA, a Brazilian technology company that has been one of its oldest development partners. The acquisition will further strengthen the award-winning company and accelerate its expansion plans with the integratio

23like·0comment01-19
Kick Reaches Out to TikTok with Acquisition Offer

Kick Reaches Out to TikTok with Acquisition Offer

Kick Reaches Out to TikTok with Acquisition OfferKick, the Stake.com-owned streaming platform, teased its intention to purchase TikTok’s US-facing assets. This announcement comes ahead of the social media platform’s looming ban.TikTok to Sell Its US AssetsTikTok has cemented itself as a phenomenon d

22like·0comment01-19
Vibra Group completes the purchase of TSA

Vibra Group completes the purchase of TSA

After collaborating across several significant projects, now, these two brands (TSA operates under the ServiceNet name) will be stronger together, boosting their expansion in Brazil and beyond. Prominent iGaming content and platform developer for the LatAm region Vibra Gaming communicated the acquis

29like·0comment01-19
Crown London acquisition to boost Wynn’s regional brand power: Analyst

Crown London acquisition to boost Wynn’s regional brand power: Analyst

The acquisition by U.S. casino giant Wynn Resorts of high-end casino Crown London will boost the company’s regional brand power and build a global database ahead of the launch of its US$5.1 billion Wynn Al Marjan Island, according to CBRE Equity Research.In a note, CBRE’s John DeCree described the a

23like·0comment01-14
Tipico will acquire Novomatic's Admiral Group in Austria, shifting focus to international business.

Tipico will acquire Novomatic's Admiral Group in Austria, shifting focus to international business.

After the announcement of the agreement, the operator Tipico will acquire 100% of the shares of Atlas Group GmbH, the parent company of Novomatic AG's Austrian Admiral Group. This latest announcement comes as the German company Tipico seeks to further strengthen its business in neighboring Aus

23like·0comment01-14
J&J completes acquisition of Leisure Gaming’s 10 Nevada gaming sites

J&J completes acquisition of Leisure Gaming’s 10 Nevada gaming sites

J&J Gaming announced that its subsidiary, Golden Route Operations, has completed the acquisition of Leisure Gaming, a Nevada-based operator of 10 nonrestricted casinos, primarily truck-stop locations.The completed acquisition followed approval in November from the Nevada Gaming Commission.J&

24like·0comment01-10
Boldplay CEO Fragoso steps down after Openbox acquisition

Boldplay CEO Fragoso steps down after Openbox acquisition

Boldplay director and CEO Valli Fragoso is leaving the igaming supplier after its acquisition by Openbox Holdings. Fragoso had previously said the visions of Boldplay and Richard Hogg’s Openbox Holdings are “closely aligned.” She previously said she was “looking forward to building on the foundat

25like·0comment01-09
Gambling.com Group completes acquisition of OddsJam's parent company.

Gambling.com Group completes acquisition of OddsJam's parent company.

Affiliate business Gambling.com Group has completed the previously announced acquisition of Odds Holdings, Inc., the parent company of sports betting odds comparison site OddsJam. The purchase closed on January 1, 2025, "as planned and on schedule." Upon announcing the deal in late 2024, Gambling.c

25like·0comment01-04
Gambling.com Group Seals Odds Holdings Acquisition

Gambling.com Group Seals Odds Holdings Acquisition

Gambling.com Group Seals Odds Holdings AcquisitionEarly in December, Gambling.com Group, the leading provider of digital marketing services for the online gambling industry, announced it continues its expansion with the acquisition of OddsJam’s parent company Odds Holdings, Inc. Now, the former conf

23like·0comment01-04
Allwyn Secures 51% Stake in Novibet Parent Company

Allwyn Secures 51% Stake in Novibet Parent Company

Allwyn Secures 51% Stake in Novibet Parent CompanyAllwyn has secured a majority stake in Novibet’s parent company Logflex MT Holding Limited. The deal will expand the former company’s position as a leading lottery company and a rising iGaming star.Allwyn Continues to Grow Its BusinessAs confirmed by

23like·0comment2024-12-30
Gambling.com Group to acquire OddsJam parent for $160 million

Gambling.com Group to acquire OddsJam parent for $160 million

Gambling.com Group has announced plans to acquire Odds Holdings, the parent company of sports betting odds comparison platform OddsJam, in a deal valued at up to $160 million. The transaction includes an initial payment of $80 million, with an additional $80 million contingent on OddsJam’s performan

31like·0comment2024-12-19
VBet announces the acquisition of Parimatch Brazil from Growe.

VBet announces the acquisition of Parimatch Brazil from Growe.

Operator VBet announced the acquisition of Growe's brand Parimatch Brazil, and after the transaction is officially completed, the brand will start operating under the new VBet brand image.VBet and Growe announced plans for a new acquisition agreement to acquire the latter's business in Brazil. Acco

26like·0comment2024-12-15
Gambling.com Group acquires OddsJam parent for $80m

Gambling.com Group acquires OddsJam parent for $80m

Gambling.com Group is acquiring the parent company of sports betting odds service OddsJam for an initial US$80m, in a move which it says will enhance revenue potential. Odds Holdings offers odds data and services under multiple consumer and enterprise brands and works with nearly 300 sportsbooks.

26like·0comment2024-12-14
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