M&A Deal Summary

Bally Technologies Acquires Dragonplay

On July 3, 2014, Bally Technologies acquired gaming company Dragonplay for 51M USD

Acquisition Highlights
  • This is Bally Technologies’ 3rd transaction in the Gaming sector.
  • This is Bally Technologies’ 2nd largest (disclosed) transaction.
  • This is Bally Technologies’ 1st transaction in Israel.

M&A Deal Summary

Date 2014-07-03
Target Dragonplay
Sector Gaming
Buyer(s) Bally Technologies
Deal Type Add-on Acquisition
Deal Value 51M USD
Advisor(s) The Raine Group (Financial)
Fenwick & West
Raved Magriso Benkel & Co. (Legal)

Target

Dragonplay

Tel Aviv, Israel
Dragonplay Ltd. is an online social casino company headquartered in Tel Aviv. Dragonplay is a developer and a publisher of social games for smartphones.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Bally Technologies

Las Vegas, Nevada, United States

Category Company
Founded 1932
Sector Gaming
Employees4,000
Revenue 1.2B USD (2014)
DESCRIPTION
Bally Technologies office in Las Vegas, Nevada.
Bally Technologies office in Las Vegas, Nevada.

Bally Technologies designs, manufactures, operates, and distributes advanced technology-based gaming devices and systems worldwide, as well as interactive and mobile solutions. Bally’s product line includes reel-spinning slot machines, video slot machines, wide-area progressives, and Class II, lottery, and central determination games and platforms. Bally also offers an array of casino management, slot accounting, bonusing, cashless, and table-management solutions. Bally Technologies was established in 1932 and is based in Las Vegas, Nevada.


DEAL STATS #
Overall 5 of 5
Sector: Gaming M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Israel M&A 1 of 1
Year: 2014 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-25 SHFL entertainment

Las Vegas, Nevada, United States

SHFL entertainment is a designer and producer of casino gaming devices and products. SHFL entertainment was formed in 1983 and is based in Las Vegas, Nevada.

Buy $1.3B