Участник:The company announced the acquisition of a 62% stake in Australian-based book maker Crownvet Holdings Party Ltd for a total of about $111.7 million.

PokerStars Group, in partnership with CrownBet's CEO Matt Trip, has purchased a 62% stake in CrownBet Resorts, which previously owned 62%. 카지노사이트 순위

In December last year, Australian casino operator Crown Resorts agreed to sell its 62% stake in online betting firm Crownvet for A$150 million (about $117 million) to a consortium related to Crownvet's other shareholders. It's interesting that the announcement came just a month after British bookmaker William Hill said he was in initial negotiations with Crownvet to merge his Australian business.

Just hours ago, it emerged that the Canadian online gambling giant had taken control of a majority stake in Crownvet. Industry experts argue that the Canadian company is looking to consolidate its presence in the Australian gambling market beyond the family domain. Nearly a year ago, the company finally broke out of its financial hole and began looking for more opportunities to regain its footing in the gambling market.

Acquisition row ahead of crackdown on gambling problems In August last year, Amaya broke up with notorious David Bazov, including a planned rebranding under the name "The Stars Group" and moving its headquarters from Montreal to Toronto, and the Stars Group said it was ready to review mergers and acquisitions opportunities to expand its casino and sportsbook business.

Of course, mergers and acquisitions in the gambling industry have reached unprecedented levels in the past few years. Constant regulatory changes and fast-growing gambling industries are the driving forces behind mergers and acquisitions. It should be noted that news of Australia's acquisition of online sports betting firm Crownvet came amid a major crackdown on problem gambling in Australia that prohibits gambling operators from offering free bets, credits or other monetary incentives to open online betting accounts.

Industry watchers said Starz Group's recent acquisition of a majority stake in Crownvet is a win-win situation for both sides. Canada's peer company will be able to expand its reach in the lucrative Australian gambling market, while Crownvet will be able to weather the upcoming Australian regulatory storm and keep its head above water.