Intralot S.A. Acquires Bally’s International Interactive Business

Bally's Corporation Acquires Bet.Works

November 18, 2020

Cloud & SaaS

Bally's Corporation agreed to acquire Bet.Works, a U.S. sports betting and iGaming platform provider, for $125 million (half paid in Bally's common stock). The acquisition brings Bet.Works' ~130 employees and proprietary technology into Bally's Interactive to create a vertically integrated omni-channel sports betting and iGaming business; closing was expected in Q1 2021 pending regulatory approvals.

Apollo Funds Acquire IGT's Gaming & Digital Business from Brightstar Lottery

July 1, 2025

Media & Entertainment

Funds managed by affiliates of Apollo Global Management completed the acquisition of International Game Technology PLC’s Gaming & Digital business from Brightstar Lottery (formerly IGT). Brightstar received approximately $4.0 billion of net cash proceeds, which it will use to reduce near-term debt, return $1.1 billion to shareholders (a $3.00 per-share special dividend plus a $500 million repurchase authorization), and fund other corporate priorities; Brightstar will continue to trade as Brightstar Lottery (BRSL).

Boyd Gaming to Acquire Pala Interactive

November 1, 2022

Media & Entertainment

Boyd Gaming Corporation, through its wholly owned subsidiary Boyd Interactive Gaming Inc., entered into a definitive agreement to acquire Pala Interactive LLC and its subsidiaries for $170 million in cash. The acquisition is intended to advance Boyd’s iGaming strategy by gaining full control of Pala’s online gaming technology and services and integrating them with Boyd’s land-based operations.

Bally's Corporation Completes Merger With The Queen Casino & Entertainment (Standard General)

February 7, 2025

Media & Entertainment

Bally's Corporation completed its previously announced merger with The Queen Casino & Entertainment Inc., which is majority-owned by funds managed by Standard General L.P. Queen shareholders received a combination of stock and cash consideration under the merger agreement. The cash consideration was financed by $500 million of senior secured notes provided exclusively by funds managed by Apollo.

Bally's Corporation Acquires Telescope Inc. from H.I.G. Growth Partners

August 12, 2021

Media & Entertainment

Bally's Corporation has acquired Telescope Inc., a provider of real-time fan engagement and interactive livestreaming solutions, from H.I.G. Growth Partners. The deal will integrate Telescope's audience engagement technology into Bally's Interactive, Bally Bet and Bally Sports to expand digital capabilities and attract younger audiences.

Regent Affiliate Acquires Bally from JAB

August 15, 2024

Consumer Products

An affiliate of Regent has acquired Bally International A.G., the Swiss luxury footwear and accessories company, from JAB. The deal transfers ownership of the 170+-year-old heritage brand to Regent as it looks to expand its luxury and retail portfolio.