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  5. World Poker Acquires Madison Casino

M&A Deal Summary

World Poker Acquires Madison Casino

On January 30, 2020, World Poker acquired gaming company Madison Casino from HatchAsia

Acquisition Highlights
  • This is World Poker’s 2nd transaction in the Gaming sector.
  • This is World Poker’s 2nd transaction in Philippines.

M&A Deal Summary
Date 2020-01-30
Target Madison Casino
Sector Gaming
Buyer(s) World Poker
Sellers(s) HatchAsia
Deal Type Divestiture

Target

Madison Casino

Mandaluyong, Philippines
Madison Casino 2500 square meters of gaming space with 16 gaming tables, 350 gaming machines, and private gaming space. Madison Casinois based in Mandaluyong, Philippines.

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Buyer(S) 1

Buyer

World Poker

Whittier, California, United States
Category Company
Sector Gaming
Revenue 7M USD (2010)
DESCRIPTION

World Poker manages in the development of poker sponsorship tournaments to identify and train new poker players for poker competitions, to develop and produce poker entertainment reality TV shows, and to advise and assist in the development of online and interactive gaming and casino development under the Indian Gaming Regulatory Act of 1988.

DEAL STATS #
Overall 4 of 8
Sector: Gaming M&A 2 of 2
Type: Divestiture M&A Deals 2 of 3
Country: Philippines M&A 2 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-30 Penny Lane Casino

Davao City, Philippines

Penny Lane Casino provides 1100 square meters of gaming space with 8 gaming tables and 200 gaming machines. Penny Lane Casino is based in Davao City, Philippines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-24 KPOP 1004 s Online and e-Commerce Assets

Ontario, California, United States

KPOP 1004's Online and e-Commerce Assets provide official KPOP products, as well as custom-designed merchandise online.

Buy -

Seller(S) 1

SELLER

HatchAsia

Bonifacio Global City, Philippines
Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

HatchAsia, Inc. is a provider of strategic consulting, software development, land-based deployment, and back-office process management support services. HatchAsia was established in 2000 and is based in Bonifacio Global City, Philippines.

DEAL STATS #
Overall 2 of 2
Sector: Gaming M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Philippines M&A 2 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-30 Penny Lane Casino

Davao City, Philippines

Penny Lane Casino provides 1100 square meters of gaming space with 8 gaming tables and 200 gaming machines. Penny Lane Casino is based in Davao City, Philippines.

Sell -
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