Bally's shareholders have approved a takeover by Standard General, the hedge fund controlled by Chairman Soo Kim. The announcement came Tuesday, following the March proposal.

French lottery operator FDJ received approval to acquire Kindred Group for $2.7 billion, pending regulatory requirements.

Flutter Entertainment has made several strategic moves:

• Acquired majority stake in Brazil's NSX Group for $350M
• Considering purchase of Playtech's Snaitech unit
• Fox maintains plans to acquire FanDuel stake at $2.2B discount

Recent industry developments:

• DraftKings acquiring microbet provider Simplebet
• Endeavor seeking buyers for sports betting business, including OpenBet
• Full House Resorts sold Fallon, Nevada casino for $9.2M
• Golden Entertainment exploring real estate asset monetization

Notable casino property transactions:

• Caesars selling LINQ Promenade for $275M
• Tahoe Biltmore Casino headed to auction
• Bally's divesting Asia digital gaming operations

Market analysis indicates:

• Sports betting M&A driven by new products and technology
• OpenBet potentially selling at significant discount
• Playtika investing up to $1.25B in SuperPlay
• Oakland A's considering stake sale at $2B valuation

Industry rumors addressed:

• Wynn/Celtics sale speculation
• Kambi denies Genius Sports takeover talks
• Deutsche Bank managing $4.3B funding for Apollo Everi/IGT acquisition
• Disney/Excalibur purchase myth debunked

These developments reflect ongoing consolidation and strategic repositioning within the gaming industry, with focus on digital transformation and real estate optimization.

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