Mergers and Acquisitions
The billion-dollar deals that built the modern iGaming industry, who bought who, what they paid, and why it mattered.
Mergers and Acquisitions
Paddy Power and Betfair: The £5 Billion Merger That Built Flutter
In September 2015, Paddy Power and Betfair agreed a £5 billion merger of equals. It became Paddy Power Betfair, then renamed itself Flutter Entertainment in 2019.
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Amaya Gaming Buys PokerStars: The $4.9 Billion Deal, Explained
In 2014, a mid-sized company called Amaya Gaming borrowed heavily to buy PokerStars for $4.9 billion, cash. Here is why it worked, and what it became.
Mergers and Acquisitions
Evolution Gaming Acquires NetEnt: The $2.1 Billion Deal, Explained
In 2020, Evolution Gaming bought NetEnt for about $2.1 billion, putting live casino and online slots under one roof. Here is why, and what it built.
Mergers and Acquisitions
Flutter Entertainment Acquires The Stars Group: The $12.2B Merger
In 2019, Flutter Entertainment and The Stars Group agreed to merge in an all-share deal worth $12.2 billion, creating the world's largest online betting company.