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The 2024 American Gambling Awards Dealmaker of the Year Goes to Deutsche Bank and Macquarie Capital

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The American Gambling Awards, produced by Gambling.com Group (Nasdaq: GAMB), has named Deutsche Bank and Macquarie Capital as co-winners of the Dealmaker of the Year award for 2024. This recognition is for their joint role as lead financial advisors on the $6.3 billion sale of International Game Technology's (IGT) Gaming and Digital Business to Apollo Funds in July 2024.

The transaction, which replaced a previously announced spin-off and merger with Everi Holdings, resulted from a strategic review initiated by IGT's Board in June 2023. It redefined IGT's future as a pure-play global lottery operator and showcased the winners' expertise in executing complex, cross-border deals in the gaming sector.

This marks Deutsche Bank's second time receiving this award, having first won in 2022. The American Gambling Awards are recognized as a benchmark for excellence in the regulated U.S. online gambling industry.

Gli American Gambling Awards, prodotti da Gambling.com Group (Nasdaq: GAMB), hanno nominato Deutsche Bank e Macquarie Capital come co-vincitori del premio Dealmaker of the Year per il 2024. Questo riconoscimento è dovuto al loro ruolo congiunto come consulenti finanziari principali nella vendita da 6,3 miliardi di dollari delle attività di gioco e digitali di International Game Technology (IGT) ai Apollo Funds nel luglio 2024.

La transazione, che ha sostituito una precedente separazione e fusione con Everi Holdings, è il risultato di una revisione strategica avviata dal Consiglio di IGT nel giugno 2023. Essa ha ridefinito il futuro di IGT come operatore globale di lotterie e ha messo in mostra l'esperienza dei vincitori nell'esecuzione di operazioni complesse e transfrontaliere nel settore dei giochi.

Questa è la seconda volta che Deutsche Bank riceve questo premio, avendolo già vinto nel 2022. Gli American Gambling Awards sono riconosciuti come un punto di riferimento per l'eccellenza nell'industria del gioco online regolamentato negli Stati Uniti.

Los American Gambling Awards, producidos por Gambling.com Group (Nasdaq: GAMB), han nombrado a Deutsche Bank y Macquarie Capital como co-ganadores del premio Dealmaker of the Year para 2024. Este reconocimiento es por su papel conjunto como asesores financieros principales en la venta de 6.3 mil millones de dólares del negocio de Juegos y Digital de International Game Technology (IGT) a los Apollo Funds en julio de 2024.

La transacción, que reemplazó una escisión y fusión previamente anunciadas con Everi Holdings, fue el resultado de una revisión estratégica iniciada por la Junta de IGT en junio de 2023. Redefinió el futuro de IGT como un operador global de lotería pura y mostró la experiencia de los ganadores en la ejecución de acuerdos complejos y transfronterizos en el sector de juegos.

Esta es la segunda vez que Deutsche Bank recibe este premio, habiéndolo ganado anteriormente en 2022. Los American Gambling Awards son reconocidos como un referente de excelencia en la industria del juego en línea regulada en EE. UU.

미국 갬블링 어워드(American Gambling Awards)가 Gambling.com Group (Nasdaq: GAMB) 주최로 도이치뱅크(Deutsche Bank)와 마쿼리 캐피탈(Macquarie Capital)을 2024년의 올해의 딜메이커 상의 공동 수상자로 선정했습니다. 이 인정은 2024년 7월 글로벌 게임 기술(IGT)의 게임 및 디지털 사업을 아폴로 펀드(Apollo Funds)에 63억 달러에 매각한 주도 금융 자문 역할에 기인합니다.

이번 거래는 에버리 홀딩스(Everi Holdings)와의 분사 및 합병을 대체했던 것으로, 2023년 6월 IGT 이사회에서 시작한 전략적 리뷰의 결과입니다. 이는 IGT의 미래를 순수 글로벌 복권 운영자로 정의하고, 게임 부문에서 복잡한 국경 간 거래를 수행하는 수상자의 전문성을 보여주었습니다.

이것은 도이치뱅크가 이 상을 두 번째로 수상하는 것으로, 이전에 2022년에 수상한 바 있습니다. 미국 갬블링 어워드는 규제된 미국 온라인 도박 산업에서 탁월함의 기준으로 인정받고 있습니다.

Les American Gambling Awards, produits par Gambling.com Group (Nasdaq: GAMB), ont désigné Deutsche Bank et Macquarie Capital comme co-lauréats du prix Dealmaker of the Year pour 2024. Cette reconnaissance est attribuée à leur rôle commun en tant que conseillers financiers principaux lors de la vente de 6,3 milliards de dollars de l'activité de jeux et numériques d'International Game Technology (IGT) aux Apollo Funds en juillet 2024.

La transaction, qui remplace une scission et fusion précédemment annoncées avec Everi Holdings, résulte d'un examen stratégique initié par le conseil d'administration d'IGT en juin 2023. Elle a redéfini l'avenir d'IGT en tant qu'opérateur mondial de loterie pure et a mis en avant l'expertise des lauréats dans l'exécution d'accords complexes et transfrontaliers dans le secteur des jeux.

C'est la deuxième fois que Deutsche Bank reçoit ce prix, après l'avoir remporté pour la première fois en 2022. Les American Gambling Awards sont reconnus comme un benchmark d'excellence dans l'industrie du jeu en ligne réglementée aux États-Unis.

Die American Gambling Awards, produziert von Gambling.com Group (Nasdaq: GAMB), haben Deutsche Bank und Macquarie Capital als gemeinsame Gewinner des Dealmaker of the Year Awards für 2024 ausgezeichnet. Diese Auszeichnung gilt ihrem gemeinsamen Engagement als Hauptfinanzberater bei der 6,3-Milliarden-Dollar-Veräußerung des Gaming- und Digitalgeschäfts von International Game Technology (IGT) an die Apollo Funds im Juli 2024.

Die Transaktion, die eine zuvor angekündigte Abspaltung und Fusion mit Everi Holdings ersetzte, entstand aus einer strategischen Überprüfung, die vom Vorstand von IGT im Juni 2023 eingeleitet wurde. Sie definierte die Zukunft von IGT als reiner globaler Lotteriebetreiber neu und stellte die Expertise der Preisträger bei der Durchführung komplexer grenzüberschreitender Geschäfte im Gaming-Sektor unter Beweis.

Dies ist das zweite Mal, dass Deutsche Bank diesen Preis erhält, nachdem sie ihn bereits 2022 gewonnen hat. Die American Gambling Awards gelten als Benchmark für Exzellenz in der regulierten Online-Glücksspielindustrie der USA.

Positive
  • Deutsche Bank and Macquarie Capital recognized as top dealmakers in the U.S. online gambling industry
  • Successful advisement on a $6.3 billion transaction in the gaming sector
  • Transaction created value for all stakeholders and redefined IGT's business focus
Negative
  • None.

Insights

The $6.3 billion sale of IGT's Gaming and Digital Business to Apollo Funds is a significant transaction in the gambling industry. This deal represents a strategic shift for IGT, transforming it into a pure-play global lottery operator. The involvement of Deutsche Bank and Macquarie Capital as joint financial advisors underscores the complexity and scale of this transaction.

For investors, this deal highlights the ongoing consolidation and strategic realignment in the gaming sector. The separation of IGT's gaming and lottery businesses could potentially unlock value for shareholders by allowing each entity to focus on its core competencies. Apollo's acquisition also signals continued private equity interest in the gaming industry, which could drive further M&A activity.

While this news doesn't directly impact Gambling.com Group (GAMB), it reflects positively on the company's position as a key player in the industry, hosting prestigious awards that recognize such significant deals. The transaction's size and complexity may indirectly benefit GAMB by potentially increasing demand for its services as the industry evolves and consolidates.

The recognition of Deutsche Bank and Macquarie Capital as Dealmakers of the Year signifies the increasing sophistication and maturity of the U.S. online gambling market. This award, presented by Gambling.com Group, enhances the company's reputation as an industry authority and could potentially attract more high-profile clients and partnerships.

The $6.3 billion transaction demonstrates the substantial valuations in the gaming sector, particularly for digital assets. This trend could benefit companies like GAMB that operate in the online gambling space. The deal's structure, replacing a previously announced spin-off, also highlights the dynamic nature of the industry and the need for flexible, strategic thinking.

For GAMB investors, this news indirectly supports the company's market position and growth potential. As the industry continues to evolve with such significant transactions, GAMB's role in providing performance marketing services and industry insights becomes increasingly valuable, potentially driving future revenue growth and market expansion opportunities.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- The American Gambling Awards today announced Deutsche Bank and Macquarie Capital as co-winners of the Dealmaker of the Year award for their joint role as lead financial advisors on the sale of International Game Technology’s (IGT) Gaming and Digital Business to Apollo Funds. This recognition highlights the pivotal role in providing tailored financial solutions that drive growth and innovation within the regulated U.S. online gambling industry, reinforcing their reputations as trusted partners in complex, high-value transactions across the gaming sector.

The American Gambling Awards, produced by Gambling.com Group Limited (Nasdaq: GAMB) ("Gambling.com Group" or the "Group"), honor the top companies and executives shaping the regulated U.S. online gambling landscape and are recognized as a benchmark for excellence in the sector.

“We are incredibly honored to be named Dealmaker of the Year for the second time at the 2024 American Gambling Awards, having first received this recognition in 2022,” added Reza Akhavi, Global Co-Head of Real Estate, Gaming, Lodging & Leisure of Deutsche Bank.

“This award highlights Deutsche Bank’s ongoing commitment to delivering innovative and tailored solutions, even in the most complex transactions. We look forward to continuing to support our clients in navigating transformative opportunities and shaping the future of the global gaming industry,” said Vishal Lokre, Managing Director of Deutsche Bank.

Deutsche Bank and Macquarie Capital acted as joint financial advisors to International Game Technology (IGT) on the announced agreement to sell IGT’s Gaming and Digital Business and Everi to Apollo funds for $6.3 billion in July 2024, replacing the previously announced February 2024 spin-off and merger with Everi Holdings. The transaction is a culmination of a strategic review that IGT’s Board of Directors initiated in June 2023.

"Congratulations to Deutsche Bank and Macquarie Capital for being named as co-winners of this category,” said Gambling.com Group co-founder & Chief Executive Officer, Charles Gillespie. “Their leadership on the sale of IGT’s Gaming and Digital Business to Apollo Funds enabled and delivered a complex transaction which created value for all stakeholders. This $6.3 billion transaction not only redefined IGT’s future as a pure-play global lottery operator but also exemplified Deutsche Bank and Macquarie Capital’s ability to navigate and execute highly complex, cross-border deals. Their expertise in providing strategic financial solutions is a key factor driving the continued growth within the U.S. online gambling industry."

About Deutsche Bank

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

About Macquarie Capital

Macquarie Capital is the advisory, capital markets and principal investment arm of Macquarie Group. It encompasses corporate advisory, a full spectrum of capital solutions, including capital raising services from equity, debt and private capital markets and principal investments from Macquarie’s balance sheet. Macquarie Capital has deep sector expertise in the aerospace, defense and government services, consumer, gaming and leisure, critical minerals, energy, financial institutions, healthcare, industrials, infrastructure, real estate, services, software, technology, telecommunications and media sectors. Visit Macquarie Capital’s website for more information.

About Gambling.com Group Limited

Gambling.com Group Limited (Nasdaq: GAMB) (the “Group”) is a fast-growing provider of digital marketing services for the global online gambling industry. Founded in 2006, the Group has offices globally, primarily operating in the United States and Ireland. Through its proprietary technology platform, the Group publishes a portfolio of premier branded websites including Gambling.com, Bookies.com, Casinos.com, and RotoWire.com. Gambling.com Group owns and operates more than 50 websites in seven languages across 15 national markets covering all aspects of the online gambling industry, including iGaming and sports betting, and the fantasy sports industry.

Meredith Zaritheny, Deutsche Bank, meredith.zarithent@db.com

Christine Doh, Gambling.com Group, media@gdcgroup.com

Source: Gambling.com Group Limited

FAQ

Who won the Dealmaker of the Year award at the 2024 American Gambling Awards?

Deutsche Bank and Macquarie Capital were named co-winners of the Dealmaker of the Year award at the 2024 American Gambling Awards.

What major transaction did Deutsche Bank and Macquarie Capital advise on in 2024?

They jointly advised on the $6.3 billion sale of International Game Technology's (IGT) Gaming and Digital Business to Apollo Funds in July 2024.

How does this award relate to Gambling.com Group (GAMB)?

The American Gambling Awards are produced by Gambling.com Group (Nasdaq: GAMB), recognizing excellence in the regulated U.S. online gambling industry.

What was the significance of the IGT transaction advised by Deutsche Bank and Macquarie Capital?

The transaction redefined IGT's future as a pure-play global lottery operator and demonstrated the advisors' ability to execute complex, cross-border deals in the gaming sector.

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