The American Gambling Awards announced today that Deutsche Bank and Macquarie Capital are co-winners of the Dealmaker of the Year award for their pivotal roles as lead financial advisors in the sale of International Game Technology’s (IGT) Gaming and Digital Business to Apollo Funds. This recognition underscores their expertise in providing customized financial solutions that foster growth and innovation within the regulated U.S. online gambling sector, solidifying their status as trusted partners in complex, high-value transactions in the gaming industry.
“This award reflects Deutsche Bank’s commitment to delivering innovative and tailored solutions, even in the most challenging transactions. We look forward to continuing to assist our clients in navigating transformative opportunities and shaping the future of the global gaming landscape,” said Vishal Lokre, Managing Director of Deutsche Bank.
The American Gambling Awards, produced by Gambling.com Group Limited (Nasdaq: GAMB), celebrate the leading companies and executives influencing the regulated U.S. online gambling market and are considered 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 at Deutsche Bank.
Deutsche Bank and Macquarie Capital served 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. This transaction replaced the previously planned spin-off and merger with Everi Holdings, following a strategic review initiated by IGT’s Board of Directors in June 2023.
“Congratulations to Deutsche Bank and Macquarie Capital for being named co-winners in this category,” said Charles Gillespie, co-founder and CEO of Gambling.com Group. “Their leadership on the sale of IGT’s Gaming and Digital Business to Apollo Funds enabled a complex transaction that created value for all stakeholders. This $6.3 billion deal not only redefined IGT’s future as a pure-play global lottery operator but also showcased Deutsche Bank and Macquarie Capital’s ability to navigate and execute highly intricate, cross-border transactions. Their expertise in delivering strategic financial solutions is vital for the ongoing growth of the U.S. online gambling industry.”
About Deutsche Bank
Deutsche Bank offers commercial and investment banking, retail banking, transaction banking, and asset and wealth management services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. As Germany’s leading bank, it has a strong presence in Europe and significant operations in the Americas and Asia Pacific.
About Macquarie Capital
Macquarie Capital is the advisory, capital markets, and principal investment arm of Macquarie Group, providing corporate advisory services and a full range of capital solutions, including equity, debt, and private capital markets. With deep expertise across various sectors, including gaming, energy, healthcare, and technology, Macquarie Capital plays a crucial role in delivering tailored financial solutions.
About Gambling.com Group Limited
Gambling.com Group Limited (Nasdaq: GAMB) is a rapidly growing provider of digital marketing services for the global online gambling industry. Founded in 2006, the Group operates primarily in the U.S. and Ireland, publishing a portfolio of premier branded websites, including Gambling.com, Bookies.com, and Casinos.com. The Group operates over 50 websites in seven languages across 15 national markets, covering all aspects of online gambling, including iGaming, sports betting, and fantasy sports.
