Evolution Board Rejects Candle Lake’s SEK 131.7bn Takeover Offer
Evolution’s board has advised shareholders to reject Candle Lake Limited’s mandatory cash offer, arguing that the SEK 695-per-share proposal undervalues the Swedish-listed […]
News Category: Business
Bally’s Weighs Las Vegas Project Sale as Capital Demands Intensify
Bally’s Corporation is considering a possible sale of its planned mixed-use development next to the Athletics’ new Las Vegas ballpark, as the […]
Phil Walker Named Interim Allwyn UK CEO as Andria Vidler Prepares to Leave
Allwyn UK will appoint former William Hill executive Phil Walker as interim chief executive from 7 September, replacing Andria Vidler as the […]
Evoke Investors Back £243m Bally’s Intralot Takeover
Evoke shareholders have overwhelmingly approved the proposed takeover by Bally’s Intralot, clearing a major hurdle for the £243.1 million transaction involving the […]
Fortuna Completes TOPsport Takeover to Launch Baltic Expansion
Fortuna Entertainment Group (FEG) has completed its acquisition of a 70% stake in Lithuania’s TOPsport, formally giving the Central and Eastern European […]
Velipekka Nummikoski Ends 14-Year Career at Veikkaus
Velipekka Nummikoski is set to leave Finland’s state-owned gambling operator Veikkaus at the end of August, closing a 14-year career that covered […]
Scientific Games to Modernize WCLC Lottery Retail Network Across Western Canada
Scientific Games has secured a new contract with Western Canada Lottery Corporation (WCLC) to overhaul lottery retail technology across more than 5,000 […]
Candle Lake Launches SEK 90.1bn Evolution Offer With Delisting Possible Above 90% Stake
Candle Lake Limited has formally launched its mandatory cash offer for Evolution AB, opening a process that could ultimately take the online […]
Chicago Aldermen Pressure Bally’s to Restore Full Casino Construction
A majority of Chicago City Council members are pressing Bally’s to resume full construction of its $1.7 billion permanent casino resort after […]
Elite Competitions Hires Former Bet365 Compliance Lead as UK Prize Draw Market Expands
UK prize draw operator Elite Competitions has appointed former Bet365 compliance specialist Peter Lynas as its new head of compliance, strengthening its […]