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What next for the social casino sector?

Following Giant’s $4.4bn acquisition of Playtika, Martyn Hannah examines the health of the social casino industry

Just when you thought deals couldn’t get any bigger, a consortium of Chinese companies, led by online game developer Giant, dug deep into their collective pockets and paid out $4.4bn to acquire social casino behemoth Playtika. The mega-deal came not long before another major transaction, with casino operator Penn National entering the sector via its…

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