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FDJ publishes public gentle offer for Kindred.

French lottery and gaming giant La Française des Jeux (FDJ) has published the public tender offer document for its proposed acquisition of Kindred Group. Revealed today (19 February), the document follows the offer FDJ put forward last month, valuing Kindred at SEK27.96bn (£2.12bn/€2.49bn/$2.68bn).  FDJ has offered SEK130 in cash for each Swedish Depository Receipt (SDR) in

Ainsworth Game Know-how begins evaluation amid takeover talk.

Australian gaming machine supplier Ainsworth Game Technology has commenced a strategic review amid widespread reports that it is seeking a buyer. New South Wales-headquartered Ainsworth confirmed it has appointed Macquarie Capital as its financial advisor to undertake a review of all potential opportunities available. No expressions of interest have been received from suitors, the ASX-listed

Penn outlines ESPN Bet Massachusetts operations.

Chris Rogers, chief strategy officer at Penn Entertainment, has outlined how Penn and ESPN will operate the highly-anticipated ESPN Bet in Massachusetts. Rogers presented the operating plan during a public meeting of the Massachusetts Gaming Commission (MGC) on 7 November. The meeting was held to review Penn Entertainment’s divesture of Barstool and its $1.5bn deal

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