And daily fantasy sports platform Prizepicks was purchased by global lottery operator Allwyn International for $1.6B to expand into the US fantasy sports market and strengthen its digital gaming portfolio. 

Looking at recent largest deals, Electronic Arts (EA) was acquired for $55B by a major conglomerate comprised of Saudi Arabia’s Public Investment Fund along with Silver Lake Technology Management and Affinity Partners. This acquisition reflects growing demand for AAA gaming IPs, live-service franchises, and global digital distribution platforms. 

Finally, online crypto-focused casino game provider Meta Bliss Group was snapped by electronic table game developer Tangiamo to boost its footprint in the casino gaming technology sector and strengthen its product innovation capabilities.   

In Singapore, a blockchain-based strategy game platform Honeyland was bought by Canadian game development studio Bravo Ready to strengthen its Web3 gaming portfolio and expand its presence in the play-to-earn ecosystem. 

Meanwhile, esports and gaming media platform Galaxy Racer Holdings sold its assets to Lottery.com to enhance its media capabilities and expand into the international gaming and esports entertainment market. 

In July, German-based social casino gaming platform Whow Games was picked up for $64M by Korean gaming platform DoubleU Games to expand its presence in the European market and strengthen its online gaming portfolio.