Day: 12 January 2022

Judge Dismisses Temporary Restraining Order in Countersuit of the Former US CEO of Australian Online Gambling Company PlayUp

Wed 12 Jan 2022 10.17 Daniel Williams
Judge Dismisses Temporary Restraining Order in Countersuit of the Former US CEO of Australian Online Gambling Company PlayUp

A Nevada court decided to dismiss the initial temporary restraining order issued in the legal battle between the Australian online gambling operator PlayUp and Laila Mintas, the company’s former chief executive officer in the US. US District Court Judge Gloria Navarro made a decision to rule against the preliminary injunction she had originally issued after additional information was presented to her in the course of the countersuit filed by Ms Mintas. In her lawsuit, the ex-US CEO of PlayUp claims that the initial legal action started against her by executives…

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Flutter Entertainment Announces Completion of Online Bingo Operator Tombola for £402 Million

Wed 12 Jan 2022 8.08 Olivia Cole
Flutter Entertainment Announces Completion of Online Bingo Operator Tombola for £402 Million

Flutter Entertainment has kept its merger and acquisition strategy in 2022 with a couple of new deals. Yesterday, one of the biggest British gambling companies revealed it completed the acquisition of UK online bingo operator Tombola, with staff mainly located in Gibraltar and Sunderland. The company is primarily focused on the provision of low-staking bingo options, with its own data reporting for an engagement of approximately 400,000 users every month. Tombola became the first UK-focused gambling operator that rolled out both mandatory deposit limits and maximum stakes. Financial reports have…

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