Metropolitan Gaming Limited has announced that it has completed its acquisition of the European and African casino businesses of Caesars Entertainment.
With the completion of the transaction on July 16, Metropolitan Gaming, an investment company wholly owned by Silver Point Capital (Silver Point) and its affiliates, today owns and operates casinos in 11 locations across the UK, Egypt and South Africa, including the iconic Empire Casino in Leicester Square.
“We are very excited about the opportunity to acquire a number of historic and high-end casinos in the United Kingdom. The acquisition fits well with Silver Point’s focus on investing in high-quality businesses at opportune times,” Edward Mulé, Founding Partner of Silver Point, said.
“I am excited to join the amazing team at Metropolitan Gaming. The world, the global economy, and the hospitality industry have been rocked by the COVID-19 pandemic, but I believe that this team is well positioned to lead a strong rebound of this business, benefitting from their experience and expertise, and a partner that is committed to invest. We intend to focus on job creation and investment in this historic business as we partner with our employees, regulators and the communities in which we operate to create a safe, fun and memorable experience for our customers that is second to none,” Michael Silberling, the newly appointed CEO of Metropolitan Gaming, said.
Rice Voelker and CBRE acted as financial advisors to Silver Point Capital. Allen & Overy LLP, Memery Crystal LLP, Matouk Bassiouny & Hennawy, Werksmans Attorneys, Cains Advocates and Shepherd & Wedderburn LLP acted as Silver Point’s legal counsel. Latham & Watkins, LLP acted as Caesars’ legal counsel.
Pariplay® set for rapid South African expansion following Bet Network deal
NeoGames S.A subsidiary Pariplay® has partnered with Bet Network as it prepares for a significant period of growth in the regulated South African market.
The agreement will see the Aggregator utilise Bet Network’s local knowledge and National Manufacturing License to provide certified games across the market, including proprietary Wizard Games content, as well as Ignite® and third-party titles.
Initially, certified products will be approved via the Western Cape Gambling and Racing Board, with a view to expand further across South Africa in the near future.
It becomes the latest commercial expansion by the provider, which has had a strong focus on newly regulated markets such as North America and Latin America in recent months.
Andrew Maclean, VP of Sales at Pariplay®, said: “South Africa is a market with enormous potential, and we’re delighted to partner with Bet Network to ensure we can maximise our reach in the country through their local insight and knowledge.
“Our array of content performs well globally, and we’re confident we can bring plenty of fantastic gaming opportunities to South African players.”
Iain Gutteridge, Managing Director of Bet Network, said: “Pariplay® brings an unmatched level of aggregated and in-house content that is beloved by players the world over, and we’re confident that by bringing it across South Africa we can quickly establish it as a must-have portfolio for operators.
“By working closely together, we’ll be able to greatly expand its reach in South Africa, and we’re very excited by the potential of this partnership.”
Betwinner Expands Sport Betting Options to Over 45 Sports
Betwinner, an online sports betting and casino games provider which operates with local licenses such as Curacao, Nigeria, and Kenya, announced it has expanded its current sports betting options to include over 45 sports, such as football, cricket, volleyball, hockey, basketball and tennis.
Players interested in placing bets on the new selection of sports can choose from a popular variety of bet types on the Betwinner App, such as accumulator, handicap and total. In addition to its sports expansion, Betwinner also offers betting on eSports, including Dota 2, LoL and Overwatch, as well as on non-standard events like politics, show business and dog racing.
Providing a mix of betting odds, Betwinner gives players the option to place their bets before the start of a sports match or during the game in live bets mode. For example, if players wish to place a bet on one of the variety of football leagues available on the website, which includes the English Premier League, Spanish La Liga, UEFA Champions League and the FIFA World Cup, a Betwinner Registration allows them to bet on football in pre-match, live mode or during the game.
A spokesperson for Betwinner said: “In the online era of betting, BetWinner does not lag behind competitors and has a modern, user-friendly website, as well as apps for different systems. Moreover, the company provides not only betting services but also many other types of entertainment. It is a full-fledged gaming platform with bets on almost all sports, slots, online casino games with dealers, and much more.”
With a Betwinner Login on the platform app, which in 2023 saw 10 million downloads, players can access a range of high-quality, engaging features, such as:
- Huge variety of sports and competitions to bet on
- Welcome bonuses for new players and bonuses for regular customers
- Platform for casino game fans, which includes slot games from over 70 software providers and live casino options, such as blackjack, roulette and baccarat
- Availability of all popular deposit and withdrawal methods
- Quality 24/7 support
- Additional opportunities like access to various lotteries, such as Powerball, MegaMillions and over 33 other options
- Availability of live broadcasts of sporting events
- Fast and convenient Betwinner Casino website and mobile app.
BET9JA ENJOYS SMOOTH XPRESS TECH INTEGRATION
Xpress Tech and the giant, African-focused Sportsbook, Bet9ja, have recently signed a partnership deal to have access to all the aggregator’s portfolio of top providers.
Thanks to this agreement, Xpress Tech aggregation platform will help Bet9ja to have quicker access to games from providers inside its portfolio, reducing integration timings and expanding even further the offer they are providing to their clients worldwide.
“Each new integration requires resources. Thanks to the Xpress Tech remote API solution, we will save time as we have more than 95 already integrated top providers. The integration went smoothly, and we are very happy and excited about what more benefits this partnership can bring,” said Thomas Testi, Director at Logifuture, Bet9ja’s platform provider.
Xpress Tech’s sister holding company, Spinmatic, with over 90 casino games including Slots, Scratchcards and Crash games, is one of the integrated providers.
“Thanks to this partnership, Bet9ja is going to unleash all the power of our aggregation platform, not only getting access to our portfolio of providers but also getting a complete suite of promotions that can be easily deployed in every region they operate. Nevertheless, we will be able to supply dedicated content powered by Spinmatic, as the company is going to create custom games for them in the near future. This will bring Bet9ja’s players one of the most engaging casino experiences with a unique market-focused touch,” explained Simone Suppa, Xpress Tech Managing Director.
Week 39/2023 slot games releases
FBMDS’ First Ever Crash Game, Champion Tales, is Out Worldwide
Hub88’s Mark Taffler Taking to the Ring to Support Oliver’s Wish Foundation at the SBC Charity Boxing Championship
Counter-Strike 2 launches on FACEIT with new $100,000 FACEIT Pro League (FPL) Proving Grounds
Playbook Engineering announces DragonBet partnership
LEC Introduces Sporting Financial Regulations
CT Interactive Signs Distribution Deal with iGaming Deck
OKTO Strengthens its Presence in Italy by Joining IDH
Esports Betting in Central & Eastern Europe: Oddin.gg Sponsors Hipther’s GamingTECH CEE
ProgressPlay showcasing latest innovation in Cyprus
IGT Enhances iLottery in Lithuania with Remote Game Server and Compelling eInstants
PRAGMATIC PLAY SCALES SWISS OPERATIONS WITH GAMRFIRST PARTNERSHIP
Incode Technologies and MaxBet Transform Player Onboarding with AI Identity Verification
7777 gaming powers the newly launched website in Romania Win2
St8.io Continues Expansion with Entry into Romania
ESA Gaming Set for South Africa Debut Following Western Cape Certification
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