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Aquisitions/Mergers

DAZN Acquires Exclusive Global Broadcasting Rights to Super League Basketball

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DAZN, the world’s leading sports entertainment platform, has secured the exclusive broadcast rights for the new Super League Basketball (SLB), with all games to be aired for free to audiences worldwide. With the season beginning on Friday 27 September, the agreement grants DAZN comprehensive rights to broadcast the men’s competition globally, including to the domestic UK audience.

DAZN will create a dedicated on-platform environment for Super League Basketball which will house live and on demand content from across the competition. Fans will be able to enjoy action from the league, all of which will be available at no cost.

The deal comes at a pivotal moment in British basketball history, as Super League Basketball recently announced the unification of the elite men’s and women’s leagues under one brand. This unification aims to increase the visibility of basketball in the UK and to worldwide fanbases.

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DAZN’s unparalleled scale and significant basketball audience is uniquely poised to supercharge the growth of SLB. This strategic partnership marks an opportunity for British basketball with the commitment of DAZN, as the exclusive broadcaster, to work collaboratively to find innovative and personalised ways of creating content, engaging fans and reaching new audiences.

Shay Segev, CEO of DAZN Group, said: “We want to use our reach and industry-leading technology to bring these competitions to existing and new audiences, fostering a truly fan-centric global community. Super League Basketball is at a turning point in its history and is a property with exceptional potential for commercial growth – we are delighted to add it to our growing international portfolio of basketball and to join them in building an exciting future. DAZN is rapidly becoming the global Home of Basketball and SLB will form an important part of this.”

Through its agreement with FIBA, which includes Courtside 1891, DAZN also streams live FIBA matches, including FIBA World Cups, as well as all FIBA Continental Cup competitions and U19/U17 World Cups. Users can also watch live and on-demand regional club competitions, such as the Basketball Champions League, the Intercontinental Cup, the EuroLeague Women and the East Asia Super League, as well as national leagues such as, the NBL, the Japanese B. League and others.

Vaughn Millette, interim Chair of Super League Basketball, said: “We are delighted to partner with DAZN for our global broadcast media rights. From our earliest conversations, we’ve been impressed by DAZN’s unwavering passion to promote and grow the sport of basketball. Bringing innovation and imagination to enable us to best serve our fans, the teams and continuous broadcast coverage of the league.

“Over the last few years, DAZN has demonstrated its commitment to growing the sport by securing numerous international basketball rights. SLB’s addition to this line-up, means that fans will find a broadcast home for basketball on DAZN. Super League fans will be able to watch every game live and free to air as we take our place alongside the likes of France and Italy’s elite national basketball leagues. We can’t wait to get started.”

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Through the dedicated Super League Basketball environment on DAZN, content from across the English competitions will be positioned alongside DAZN’s other free offerings, marketed to both its main subscriber base and basketball enthusiasts globally. With a user interface initially available in English, the service will expand to up to seven languages, including Spanish, Italian, German, Japanese and Portuguese in select markets.

The post DAZN Acquires Exclusive Global Broadcasting Rights to Super League Basketball appeared first on European Gaming Industry News.

Aquisitions/Mergers

NOVOMATIC sets milestone for international growth with planned acquisition of French Vikings Casinos Group

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NOVOMATIC AG signed an agreement to acquire the French casino group Vikings Casinos SAS, subject to certain conditions such as regulatory approvals.

With this strategic move, NOVOMATIC continues its international growth strategy in the French market and significantly expands its portfolio in one of the largest gaming regions in Europe. The Vikings Casinos Group, based in Falaise, is one of the leading French casino chains, operating more than 10 live gaming casinos throughout France, including on the Côte d’Azur.

With the acquisition of Vikings Casinos, we are consistently pursuing our international growth strategy and strengthening our position as a leading provider in the European gaming market. With this step, we have successfully laid the foundation for further sustainable growth in France” explains Stefan Krenn, Executive Board Member of NOVOMATIC AG.

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The acquisition by NOVOMATIC opens up new opportunities for growth and further development. We are confident that the integration into such an experienced and successful company as NOVOMATIC will help us to further strengthen our position on the French market. This change will enable us to work even more efficiently and benefit from the resources and expertise of the new owner” emphasizes Luc Le Borgne, CEO of Vikings Casinos SAS.

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Aquisitions/Mergers

PolarLotto Acquires Competitor and Strengthens Market Position

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Polar Group Technologies (PolarLotto), one of Sweden’s leading lottery betting companies, is pleased to announce the acquisition of one of its main competitors, lottoexperten.se, through the purchase of all shares in More Tech Group Ltd.

This deal is a strategic step to further strengthen our position in the Swedish market and enhance the experience for our customers.

With this purchase, we continue our growth journey and reinforce our commitment to oFering attractive and exciting lottery betting products. The two companies combined have over 85,000 registered customers, and we look forward to welcoming all the new customers that now will join us into the PolarLotto group.

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“This acquisition is an important step in our development and continued growth,” says Daniel Bessmert, CEO of Polar Group Technologies AB.

“We are proud to combine the best of both companies to create even more value for our customers and partners.”

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Aquisitions/Mergers

ENDEAVOR ANNOUNCES MANAGEMENT BUYOUT OF OPENBET AND IMG ARENA

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Endeavor Group Holdings, Inc., a global sports and entertainment company, today announced that it has agreed to sell OpenBet and IMG ARENA to OB Global Holdings LLC in a management buyout backed by Ariel Emanuel with participation from executives of OpenBet, including CEO Jordan Levin.
Levin said: “This management buyout allows us to continue executing our vision for increased market expansion and product innovation. Our group is extremely confident in OpenBet’s future considering the premium product offering, superior talent, and solid foundation we already have in place following a strong period of business growth.”
Under the terms of the transaction, OB Global Holdings will acquire the businesses for approximately $450 million, subject to certain adjustments, financed through a mix of cash and debt.
During the sign-to-close period and after closing, Endeavor will continue to market IMG ARENA for sale to a third-party purchaser.
OpenBet powers responsible betting and gaming entertainment for more than 200 market leading operators around the globe. Following close of the transaction, Levin will continue to lead the business as CEO.
The transaction is being pursued, and is a necessary step, for the closing of the proposed Endeavor take-private by Silver Lake. The transaction is subject to customary closing conditions, including approvals required under applicable gaming regulatory authority, and is conditioned on and expected to close immediately prior to the closing of the Endeavor take-private.
Oakvale Capital LLP and The Raine Group acted as financial advisors to Endeavor.

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