Gaming
Who acquires Gaming companies
34 distinct acquirers across 39 recorded transactions, 2014 to 2026. Every buyer below has completed at least one acquisition in this sector.
Top 10 acquirers of Gaming companies
Ranked by number of acquisitions recorded in this sector, with the year of each buyer's latest one. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.
| Acquirer | Deals here | Last deal |
|---|---|---|
| Kindred Group | 3 | 2021 |
| Betsson | 2 | 2024 |
| Gaming Innovation Group | 2 | 2022 |
| Accel Entertainment | 2 | 2022 |
| Consortium of PIF | 1 | 2026 |
| Game Foundry AI | 1 | 2026 |
| High Roller Technologies | 1 | 2025 |
| Intralot S.A. | 1 | 2025 |
| Apollo Funds | 1 | 2025 |
| Brightstar Capital Partners | 1 | 2025 |
Counted from 39 recorded transactions, 2014 to 2026. Name variants of the same buyer (Inc, Corporation, Ltd) are counted together.
Would these buyers pay for yours?
Put a number on it first: run the free estimate, then the $199 written report sets your range against the Gaming band and the comparable disclosed deals, in a document you can share. If the business is profitable, has $1M or more of revenue and you may sell within two years, talk to our advisory team about which of these buyers would engage, and at what price. The first conversation is free.
Recorded transactions
| Target | Acquirer | Date | Value | EV/EBITDA | EV/Revenue |
|---|---|---|---|---|---|
| Electronic Arts Inc. | Consortium of PIF | 2026-08-04 | n/d | n/d | n/d |
| Gaxos.ai gaming assets | Game Foundry AI | 2026-06-18 | $2m | n/d | n/d |
| Happy Hour Solutions Ltd. | High Roller Technologies | 2025-12-31 | n/d | n/d | n/d |
| Bally's International Interactive | Intralot S.A. | 2025-10-08 | n/d | n/d | n/d |
| Everi Holdings Inc. | Apollo Funds | 2025-07-01 | n/d | n/d | n/d |
| PlayAGS | Brightstar Capital Partners | 2025-06-30 | $1.1bn | n/d | n/d |
| GAN Limited | SEGA SAMMY HOLDINGS INC. | 2025-05-27 | n/d | n/d | n/d |
| InPvP | Mineville | 2025-05-19 | n/d | n/d | n/d |
| The Queen Casino & Entertainment | Bally's Corporation | 2025-02-07 | n/d | n/d | n/d |
| Goldrun Casino | Betsson | 2024-02-19 | $31m | n/d | n/d |
| Jackpocket | DraftKings | 2024-02-15 | $750m | n/d | n/d |
| Player One Amusement Group | OpenGate Capital (PE) | 2023-11-22 | $118m | n/d | n/d |
| Catena Media - AskGamblers | Gaming Innovation Group | 2022-12-15 | $51m | n/d | n/d |
| ZEturf | La Francaise des Jeux | 2022-11-17 | $197m | n/d | n/d |
| Century Gaming | Accel Entertainment | 2022-06-01 | $164m | n/d | n/d |
| Sportnco Gaming | Gaming Innovation Group | 2021-12-22 | $57m | n/d | n/d |
| USBookmaking | Elys BMG Group | 2021-07-07 | $12m | n/d | n/d |
| Relax Gaming | Kindred Group | 2021-07-02 | $361m | n/d | 12.8x |
| Action Network | Better Collective A/S | 2021-05-03 | $240m | n/d | n/d |
| Livestream | React Gaming Group | 2021-05-03 | $15m | n/d | n/d |
| Casino Blankenberge | Kindred Group | 2020-10-29 | $38m | n/d | n/d |
| Grand River Jackpot LLC | Accel Entertainment | 2019-08-29 | $100m | n/d | n/d |
| JACK Cincinnati Casino | Hard Rock International | 2019-04-05 | $780m | n/d | n/d |
| Gaming Partners International | Angel Playing Cards Co. Ltd. | 2018-11-27 | $110m | n/d | n/d |
| ParisSportifs.com | Catena Media | 2018-04-13 | $9m | n/d | n/d |
| American Casino & Entertainment Properties LLC | Golden Entertainment | 2017-10-23 | $850m | n/d | n/d |
| The Multi Group Ltd. | BIT Mining | 2017-05-26 | $56m | 8.7x | 5.0x |
| Premier Casino | Betsson | 2017-03-03 | $3m | n/d | n/d |
| 32Red | Kindred Group | 2017-02-23 | $270m | 33.8x | 3.6x |
| BD Sport Group Ltd. | Gaming Nation | 2016-12-13 | $14m | 6.8x | 2.0x |
| Inspired Gaming Group Ltd. | Inspired Entertainment | 2016-07-14 | $308m | n/d | n/d |
| Quickspin AB | Playtech | 2016-05-24 | $56m | 23.8x | 8.3x |
| FP Holdings L.P. (dba Palms Casino Resort) | Station Casinos | 2016-05-10 | $313m | n/d | n/d |
| The Meadows Racetrack and Casino - Gaming Licenses & Operating Assets | Pinnacle Entertainment | 2016-03-29 | $138m | n/d | n/d |
| The Meadows Racetrack and Casino | Gaming & Leisure Properties | 2015-12-16 | $440m | n/d | n/d |
| Club Fortune Casino | Nevada Gold & Casinos | 2015-12-01 | $14m | n/d | n/d |
| Player One Amusement Group | Cineplex | 2015-10-01 | $13m | n/d | n/d |
| Casino New Brunswick | Great Canadian Gaming | 2015-05-12 | $72m | n/d | n/d |
| Acttab Ltd. | Tabcorp | 2014-10-14 | $106m | n/d | n/d |
n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.
Who owns Media & Communications companies
On PEStore, Gaming sits within Media & Communications. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.
Media & Communications investors and acquirers on PEStoreMultiples across every sector
What is your Gaming business worth?
Start with the free estimate against the current multiple band. It takes about a minute and shows the range and the method behind it. Every next step, and its price, is below.
Free
Valuation estimate
Your range from the multiple band for your sector, worked from your revenue or EBITDA. About a minute, emailed to you, no account.
Value my business$199
Written valuation report
Your range in a document you can hand to a partner, a lender or an accountant: the sector band with its date, comparable disclosed transactions, a sensitivity table and what would move your multiple.
Start with the calculator$495
An hour with a senior adviser
Sixty minutes on what the business is worth, who would buy it and what to fix first, with a written summary afterwards.
Book a sessionFree first call
Sell with our team
For profitable businesses with $1M or more of revenue planning a sale within two years. Our advisory team runs the process with you, from the first buyer list to close.
Talk to an adviser