M&A and deals.

Matchbook → and Betdaq

betting exchangeUndisclosed

Matchbook completed the purchase of peer-to-peer betting exchange Betdaq for an undisclosed sum. Betdaq will close and customers must open Matchbook accounts.

Matchbook acquires rival betting exchange Betdaq to provide “deeper pool” of liquidityOur story →

Informa PLC → and Clarion

events£2.2bn

Informa agreed to acquire Clarion, the B2B live events business behind ICE and iGB, from Blackstone at £2.24bn enterprise value; completion expected Q4 2026 subject to regulatory approvals.

Informa PLC – Growth, Focus & International Expansion (RNS, 6 October 2026)Our story →

People Incorporated → and MGM Resorts International

casino operatorUndisclosed

People Incorporated withdrew its proposal to purchase all public shares of MGM Resorts International, saying it would not pursue taking the company private at this time.

PEOPLE INCORPORATED WITHDRAWS PROPOSAL TO PURCHASE ALL PUBLIC SHARES OF MGM RESORTS INTERNATIONALOur story →

Lottomatica Group S.p.A. → and Cirsa Enterprises, S.A.

operatorUndisclosed

Recommended all-share combination: CIRSA to be absorbed by Lottomatica via EU cross-border merger, creating the second largest listed gaming and sports betting operator globally; effectiveness expected Q2 2027.

Recommended All-Share Combination of Lottomatica and CIRSA Creating a Global Gaming Champion

GiG Software Plc → and 888 Africa Limited

operator€16.4m

GiG Software acquires an 80% stake in 888AFRICA, a B2C operator in Mozambique, Angola and Tanzania, from Evoke plc subsidiary VEEL; completed 1 October 2026.

GiG Software PLC announces fundraising to acquire 80% of 888AFRICA

Candle Lake Limited → and Evolution AB (publ)

supplierUndisclosed

Kenneth Dart-owned Candle Lake made a mandatory SEK 695-per-share cash offer for Evolution after crossing 30%; the offer completed with 0.06% tendered, leaving it at 31.6%.

Candle Lake Limited announces a mandatory public cash offer to the shareholders of Evolution AB (publ)

Flutter Entertainment plc → and London Stock Exchange

operatorUndisclosed

Flutter cancels its secondary listing on the London Stock Exchange; shares now listed only on the New York Stock Exchange, its maintained primary listing.

Flutter Announces Completion of Cancellation of Secondary Listing on London Stock Exchange; Primary Listing on NYSE Maintained

IG Group Holdings plc → and Underdog Sports Holdings, Inc.

dfsUS$1.3bn

IG Group agrees to acquire Underdog, a US daily fantasy sports and prediction markets operator, for up to ~$1.3bn including a ~$200m earnout; subject to US regulatory and HSR approvals.

Proposed acquisition of Underdog - Replacement

Parlay Capital and Data Point Capital → and ProphetX

prediction-marketsUS$35m

ProphetX, a federally regulated sports-native prediction market, closed a $35m round led by Parlay Capital and Data Point Capital to scale product, liquidity and its B2B platform.

ProphetX Raises $35M to Scale America's First Federally Regulated Sports-Native Prediction Market and B2B Platform

Evolution Malta Holding Limited → and Galaxy Gaming, Inc.

supplierUndisclosed

Evolution terminated its July 2024 merger agreement to acquire casino table-games developer Galaxy Gaming; under the agreement Evolution must pay Galaxy a $5,234,678 termination fee.

Galaxy Gaming, Inc. Form 8-K – termination of merger agreement with Evolution

CIRSA → and Slots del Sol

operatorUndisclosed

CIRSA acquires a majority stake in Slots del Sol, Paraguay's leading online casino operator with two casinos and two gaming halls, entering Paraguay; financed with available cash.

CIRSA announces the acquisition of Slots del Sol, Paraguay’s leading online casino operator

EMMA Capital → and Entain Holdings (CEE) Ltd. (20% interest)

operator€425m

Entain sells a 20% interest in Entain CEE (STS Poland, SuperSport Croatia) to JV partner EMMA Capital, implying €2.1bn enterprise value, as first step of a phased full exit.

Phased exit of Entain CEE - 20% divestment agreed

Bally's Intralot S.A. → and evoke plc

operator£243.1m

Recommended all-share acquisition of evoke (William Hill, 888) by Bally's Intralot via Gibraltar scheme of arrangement, 0.537 new Intralot shares per evoke share; shareholders approved, court sanction pending.

Recommended all-share acquisition of evoke plc

People Incorporated → and MGM Resorts International

casinoUndisclosed

People Incorporated (formerly IAC), owner of 26.1% of MGM, proposed a $48.30-per-share cash take-private of MGM Resorts; proposal withdrawn on 23 September 2026.

People Incorporated Proposes to Acquire MGM Resorts International for $48.30 Per Share in Cash

Fertitta Entertainment, Inc. → and Caesars Entertainment, Inc.

casinoUS$17.6bn

Caesars agrees to be acquired by Fertitta Entertainment for $31.00 per share in cash, ~$17.6bn including assumed debt; shareholders approved 22 September 2026, regulatory approvals pending.

Caesars Entertainment Enters Into Agreement to be Acquired by Fertitta Entertainment

Bragg Gaming Group Inc. → and Drayton International

supplier€7.7m

Bragg agreed to acquire Drayton International, holding stakes in five game studios and three technology platforms, for about €7.69m in new shares; completed 22 July 2026.

Bragg Gaming Group Inc. MD&A for the three and six months ended June 30, 2026 (Form 6-K)

Coatue → and Kalshi

prediction-marketsUS$1bn

Kalshi announced a $1 billion Series F at a $22 billion valuation, led by Coatue with Sequoia, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley and ARK Invest participating.

Kalshi Raises $1 Billion at a $22 Billion Valuation as Institutional Adoption Accelerates

Banijay Group → and Tipico Group

sportsbook€4.6bn

Banijay Group completes acquisition of Tipico Group, combining it with Betclic in Banijay Gaming (65% Banijay-owned), now leader in Continental European sports betting.

Banijay Group completes the acquisition of Tipico Group

Fortuna Entertainment Group → and TOPsport

sportsbookUndisclosed

Fortuna Entertainment Group (Penta) agrees to acquire a 70% stake in TOPsport, Lithuania's market-leading online sports betting and gaming operator; closing confirmed August 2026.

Fortuna Entertainment Group Expands into Lithuania with Acquisition of TOPsport

Betsson AB → and Rhino Entertainment Group

operator€64.5m

Betsson acquires Rhino Entertainment Group's Canada-licensed B2C business (Ontario and rest of Canada) plus front-end and middleware technology for its B2B arm; completed 3 August 2026.

Betsson to acquire B2C business licensed in Canada and B2B technology to add scale and expand growth opportunities

Allwyn International AG → and Logflex MT Holding Limited

operatorUndisclosed

Allwyn and Novibet owner Logflex MT Holding jointly withdraw their planned controlling-stake transaction from Hellenic Competition Commission review and no longer expect it to proceed.

Allwyn provides an update on previously announced acquisition of Novibet

Pantera Capital → and Novig

prediction-marketsUS$75m

Sports trading platform Novig closed a $75 million Series B led by Pantera Capital, taking total capital raised above $105 million, and applied for a DCM licence.

Novig Raises $75M Series B to Build a Trader-First Sports Prediction Market

Aristocrat Leisure Limited → and Gaming Analytics, Inc

supplierA$82.5m

Aristocrat acquired Gaming Analytics, a US provider of AI-powered real-time player analytics, slot optimisation and marketing automation tools for casino operators.

Aristocrat announces the acquisition of Gaming Analytics, Inc

Genius Sports Limited → and Legend

affiliateUS$1.2bn

Genius Sports agreed to acquire Legend, a global digital sports and gaming media network, for up to $1.2 billion including a $300 million earnout; the deal closed 1 May 2026.

Genius Sports Enters into Definitive Agreement to Acquire Legend (Form 6-K Exhibit 99.1)

Allwyn International AG → and PrizePicks

dfsUS$1.5bn

Allwyn completes its acquisition of a 62.3% stake in PrizePicks, the leading North American daily fantasy sports operator; closing consideration excludes performance-based earnouts.

Allwyn completes acquisition of majority stake in PrizePicks

Coinbase → and The Clearing Company

prediction-marketsUndisclosed

Coinbase agreed to acquire The Clearing Company, a prediction markets startup led by founder Toni Gemayel, to help scale prediction markets on Coinbase; the merger closed in January 2026.

Coinbase to acquire The Clearing Company: Powering the future of prediction markets

Paradigm → and Kalshi

prediction-marketsUS$1bn

Kalshi announced a $1 billion Series E at an $11 billion valuation, led by Paradigm with Sequoia, Andreessen Horowitz, Meritech, IVP, ARK Invest, Anthos, CapitalG and Y Combinator.

Kalshi Reaches $11 Billion Valuation as App Takes over America

Robinhood Markets, Inc. and Susquehanna International Group joint venture → and MIAX Derivatives Exchange (MIAXdx)

prediction-marketsUndisclosed

A Robinhood-controlled joint venture with Susquehanna agreed to buy 90% of CFTC-licensed exchange and clearinghouse MIAXdx from MIAX to extend prediction markets; it closed 20 January 2026.

Robinhood Extends its Prediction Markets Offering through New Joint Venture and Partnership with Susquehanna to Operate CFTC-Licensed Exchange and Clearinghouse

Light & Wonder, Inc. → and Australian Securities Exchange (ASX)

supplierUndisclosed

Light & Wonder delisted from Nasdaq and moved to a sole primary listing on the ASX, with trading on that basis commencing 14 November 2025 (AEDT).

ASX media release – ASX delivers strongest listings result since FY22 (16 July 2026)

DraftKings Inc. → and ESPN

sportsbookUndisclosed

Multi-year agreement names DraftKings the exclusive Official Sportsbook and Odds Provider of ESPN from 1 December 2025, integrating DraftKings products across ESPN platforms.

ESPN and DraftKings Enter Multi-Year Agreement

PENN Entertainment, Inc. → and ESPN, Inc.

sportsbookUndisclosed

PENN and ESPN mutually agree to end their exclusive US online sports betting (ESPN BET) agreement early, effective 1 December 2025; PENN rebrands its sportsbook as theScore Bet.

PENN Entertainment and ESPN Mutually Agree to Early Termination of U.S. Online Sports Betting Agreement

Kambi Group plc → and OMEGA Systems (player account management platform source code)

supplierUndisclosed

Kambi acquired the source code of OMEGA Systems' player account management platform for an undisclosed price, initially to enter Nevada's sports betting market with a Turnkey-with-PAM offering.

Kambi Group plc acquires OMEGA Systems source code for player account management platform

Sportradar Group AG → and IMG ARENA

dataUndisclosed

Sportradar completed its acquisition of IMG ARENA and its global sports betting rights portfolio from Endeavor and OB Global Holdings, covering 70+ rightsholders across 14 sports.

Sportradar Announces Close of Acquisition of IMG ARENA and Its Strategic Portfolio of Global Sports Betting Rights (Form 6-K Exhibit 99.1)

DraftKings Inc. → and Railbird Technologies Inc.

prediction-marketsUS$84.8m

DraftKings acquires Railbird Technologies and its subsidiary Railbird Exchange, a CFTC-licensed designated contract market, as the foundation for entering prediction markets.

DraftKings Inc. Form 10-K for fiscal year 2025

TrueLayer → and Zimpler

paymentsUndisclosed

Pay by Bank network TrueLayer agreed to acquire Nordic payments provider Zimpler; the deal completed on 3 March 2026 after Swedish Financial Supervisory Authority approval.

TrueLayer to Acquire Zimpler, Creating a European Pay by Bank Powerhouse

Allwyn International AG → and OPAP S.A.

lotteryUndisclosed

Allwyn and OPAP combine in an all-share transaction valuing the combined company at €16bn equity; renamed Allwyn and listed on Athens Stock Exchange. Completed 24 March 2026.

Business Combination of Allwyn and OPAP creating the 2nd Largest Listed Lottery and Gaming Operator Globally

Andreessen Horowitz (a16z) and Sequoia Capital → and Kalshi

prediction-marketsUS$300m

Kalshi raised a $300 million Series D valuing it at $5 billion, co-led by Andreessen Horowitz and Sequoia Capital with significant participation from Paradigm.

Kalshi hits $5 billion valuation amid international expansion

Intralot S.A. → and Bally's International Interactive

operator€2.7bn

Intralot completes acquisition of Bally's International Interactive business for €1.530bn cash plus new shares; Bally's becomes 58% majority shareholder of Intralot.

Bally’s Corporation and Intralot S.A. Complete Intralot’s Acquisition of Bally’s International Interactive Business for €2.7 Billion

Aristocrat Leisure Limited → and Awager Ltd

supplierA$112.4m

Aristocrat agreed to acquire Live Slot Streaming provider Awager from Oaktree-managed funds, subject to regulatory pre-approvals; Aristocrat reports it completed the acquisition in November 2025.

Aristocrat announces agreement to acquire Awager Ltd

Intercontinental Exchange, Inc. → and Polymarket

prediction-marketsUndisclosed

ICE agreed to invest up to $2 billion in Polymarket at about $8 billion pre-investment and distribute its event data; ICE made a further $600 million investment in March 2026.

ICE Announces Strategic Investment in Polymarket