Lottomatica to Absorb Cirsa in €2.8bn Deal, Creating World’s Second-Largest Listed Gaming Group
Italy’s Lottomatica Group has agreed to acquire Spanish gaming operator Cirsa Enterprises in an all-share merger valued at approximately €2.8 billion, a move set to create one of the largest publicly listed gambling companies in the world. Under the binding agreement announced this week, Cirsa shareholders will receive 0.668 newly issued Lottomatica shares for every […]
FanDuel Defends VIP Program, Responsible Gaming in Congress Letter
FanDuel has responded to three Congress members who asked the gaming company to do away with VIP programs A letter sent to Congress members defended FanDuel’s VIP program and responsible gaming measures Cory Fox, Senior VP, Public Policy and Sustainability, noted in the letter that Flutter invested $158 million in responsible gaming measures last year […]