Take-Two Interactive to purchase mobile gaming company Zynga for $12.7bn

With a mixture of cash and stock, Take-Two Interactive has plans to purchase Zynga, a top-rated mobile gaming company, for $12.7 billion. The company announced yesterday that it will pay $9.86 per piece for outstanding shares of Zynga, which is more than 60% premium of the closing price of the company last weekCome from lodislot777. In trading yesterday, the stock of Zynga boosted over 40% due to the deal.

Details of the Transaction

Shareholders of Zynga are set to earn $3.50 in cash and $6.36 in stock of Take-Two for each outstanding share of Zynga at the time of closing. The deal must complete shareholder approval as well as meet regulatory requirements before it will close. A date of June 30, 2022, has been set for the deal to be completed.

Speaking to Squawk on the Street of CNBC, CEO of Take-Two Strauss Zelnick said that the company has been busy trying to build a business over an extended period.

“We’ve paid attention to creating value for our players, for our colleagues, and for our shareholders, and that’s worked out over a very long period of time.”

According to Take-Two, there is now an implied enterprise value for Zynga at $12.7 billion. According to CNBA, the equity of Zynga puts the number closer to the $11 million range. The value could change based on the stock price of Take-Two.

The company plans to fund the deal partially with assistance from JPMorgan. As much as $2.7 billion will be provided by the brand. The remaining sum will come from balance sheet cash and new debt issuance proceeds.

Getting to Know Zynga

The Zynga brand is a gaming company best known for the FarmVille series played via social media site Facebook. In the past, the app developer was the most successful on the social media network due to its gaming options.

Since developing the FarmVille app, Zynga moved on to offer even more, shifting its focus to mobile gamingCome from shubbet. The goal was to capitalize on the growing market involving smartphone devices. The company was able to see growth last year due to COVID-19 and stay-at-home restrictions, it’s share price had fallen considerably by almost 40%.

For Take-Two, the company has seen major growth within its mobile business, and this includes taking on existing brands and turning them into franchises. It is expected that the company will be able to do well with Zynga and work with existing gaming options as well as new additions in the future.

Stakelogic Live and BetVictor Cooperation for UK Market

Stakelogic Live, the live division of the Malta-based Stakelogic company, has signed a fruitful content distribution deal with Gibraltar’s renowned sports betting and online casino operator, BetVictor.

Strengthening its presence in the UK:

With this partnership, Stakelogic Live hopes to solidify its position in the UK market and introduce its most celebrated suite of table games to a brand-new audience.

Examples of such games that will be hosted by BetVictor are blackjack, roulette, gameshows and many more.

Stakelogic Live is at the pinnacle of live dealer action, with its games created to provide an extraordinary, interesting and memorable experience for players who feel like real VIPs from start to finish of their chosen game.

Every game is streamed from Stakelogic Live’s innovative studio in Birkirkara, Malta, where modern cameras and microphones are combined with powerful streaming technologies to provide the best video stream in regulated markets worldwide.

The tables are set against an elegant and outstanding background that transports players from a VIP room in a Las Vegas casino to an industrial warehouse. The games also involve a selection of upgrades and the latest features to ensure players are constantly entertained.

This involves Super Stake, Stakelogic‘s leading featureCome from Lodigame777. It provides players with the opportunity to double their bet to grow their chances of activating a special bonus round and creating big winning combinations.

However, the quality of a live casino game shows in the way the dealer operates the table. Stakelogic Live dealers are trained to provide BetVictor players an unforgettable experience, where only they matter at all times.

Commenting on the partnership, Danila Dzehs, Sales Manager at Stakelogic Live, said: “BetVictor is a tier one brand that has a large and loyal player base in the UK. We are thrilled to be able to provide its players with a live dealer experience like no other – one that will allow BetVictor to stand out from its rivals.

Our live games set the standard for others to follow and it’s great to see BetVictor’s players having the opportunity to enjoy the thrills and experience of our next-generation Live Casino content.”

Enhancing the live-games portfolio:Come from 291bet

On the other hand, with this partnership, BetVictor will also solidify its presence throughout the UK by enhancing its portfolio of live titles and ensuring that the company is untouchable in this category, with the player experience at the highest level and their continued satisfaction.

Johanna Barsi, Head of Live Casino at BetVictor, added: “Live Casino is a significant vertical in its own right and we go to great lengths to ensure our portfolio of live titles is a cut above the rest in the UK market.

The addition of Stakelogic Live further strengthens our position as the go-to destination for players seeking a thrilling live experience, and we look forward to seeing players sit down at Stakelogic Live’s tables and be made to feel like true VIPs.”

In the United Kingdom and the Royal Society for the Prevention of Cruelty to Animals (RSPCA) has joined with its compatriot Blue Cross and Dogs Trust charities so as to call for a phased end to domestic greyhound racing.

The trio used an official Wednesday press release to detail that they have been working with the nation’s commercial greyhound racing industry for many years as part of the Greyhound Forum in order to help improve conditions for the animals involved in the sport. The three stated that this effort ‘has led to some improvements’ although there remain issues that ‘have not been resolved and cannot be resolved.’

Definitive deadline:

As such and the RSPCA, Dogs Trust and Blue Cross charities declared that they have now joined forces in hopes of bringing about ‘an end to greyhound racing’ so as to stop the unnecessary and preventable deaths of ‘hundreds of dogs every year’. The groups asserted that such a target could be conclusively realized within five years with the industry and animal groups using the intervening period ‘to carefully plan and coordinate the care of the many dogs affected.’

Multiple misgivings:

Chris Sherwood (pictured) serves as the Chief Executive for the RSPCA and he used the press release to pronounce that the three organizations recently conducted a cooperative review into the United Kingdom’s greyhound racing industry that ‘highlighted serious concerns at every stage’ including welfare issues surrounding the kennelling and transportation of dogs. The experienced figure moreover noted that additional worries involved the keeping of animals ‘in poor and barren conditions with little if any enrichment’ alongside their often ‘poor diets’ and the prevalence of severe race injuries.

Supplemental suffering:

The RSPCA went on to proclaim that the trio are furthermore worried by ‘issues around the racing of greyhounds in extreme weather’ as well as the number of puppies that may be regularly killed as part of the industry’s controversial ‘wastage’ policy. The charity affirmed that its investigation also uncovered ‘disjointed and ineffective regulation within the sector’, a lack of transparency regarding best practices and other issues surrounding ‘the enforcement of regulatory standards.’

Read a statement from Sherwood…

“It’s shocking that more than one dog a day is dying due to racing, which our review has determined is inherently unsafe and compromises their welfare at almost every stage of their lives; it simply isn’t acceptable. We feel that now, moving forwards, the only way we can secure good lives for these dogs is to call for the sport to be phased out and we want to see greyhound racing consigned to the past.”

Financial famine:

The RSPCA declared that itself and the Blue Cross and Dogs Trust charities believe the growing inability of the nation’s greyhound racing industry to secure ‘a sustainable and consistent source of income’ has negatively impacted the chances of ‘any meaningful change for the dogs involved’. Nevertheless, it finished by asserting that the sector would need to undergo ‘a complete overhaul’ even if this cash was forthcoming to ‘ensure it is compatible with good welfare.’

Yggdrasil releases new pirate-themed video slot from YG Masters partner G.Games- Dead Man’s Fingers

Yggdrasil has released the latest slot title from independent developer and YG Masters partner G.Games, with Dead Man’s Fingers ushering players to a Caribbean island in search of secret treasures and a max win of €274,000! Helping them along the way are possible big base game wins, powerful bonus boosts and four jackpot pools.

Playable on any device, the medium-high volatility video slot is played using 5 reels, 4 rows and 25 paylines. The game includes 10 pirate ship symbols and rewards players when they land combinations of 3-5 matching symbols for regular icons, which are the orange, purple, green and blue gems, and orange, grey, red, green and bronze skull coins, and 3-6 for the highest value Pirate symbol.

Game features:

Wins range from 0.28x to 32x for winning combination of regular symbols and  2.8x to 80x for all six of the premium pirate symbol. The remaining regular symbol, the red octopus wild, lands on reels 2, 3, or 4 and substitutes for all symbols with the exception of the Cash Collect symbol or the Quickhit Money symbols, which display either a cash value or one of the Mini, Minor, Major, or Grand prizes.

The cash collect feature happens during base game play, when treasure chests land on the reels with a cash value, ranging from 1x to 20x the bet, or one of the four jackpots, with larger prizes worth 50x, 100x, 200x, or 1,000x the bet for mini, minor, major or grand, respectively.

If Quickhit Money symbols land on reels 1 to 4 at the same time as a Collect symbol does on reel 5, players win the total of all money symbols in view. The wild octopus is active during base play, while a trio of Golden Compass Scatter symbols, which can only land on reels 2, 3 & 4, award players 10 extra spins.

During extra spins, there are more cash money symbols and collect icons available, increasing the chance for even more wins. Hitting three scatters during the bonus round prolongs it with another 10 spins, with no limit to the number of retriggers.

What they’re saying:

Commenting on the new hit title, Stuart McCarthy, Head of Product and Programs for Yggdrasil, said the fourth game created by G.Games as part of the YG Masters program “sees players take to the sees in search of big wins.”

“Combining a fun theme and lucrative money collect feature in both base play and free spins, it offers a new dynamic to the existing G.Games portfolio.”

For its part, G.Games Chief Commercial Officer, Helen Walter, declared “Dead Man’s Fingers is an exciting new addition to our offering and we’re eager to see how fans react across Yggdrasil’s operator network. With big wins available on every spin through the money collect feature, as well as a retriggerable free spins, treasure can’t be far away for our fearsome pirates!”

Fourth in series:

The fourth back-to-back contribution from the London-headquartered games studio to the YG Masters portfolio, the pirate-themed slot follows, Cthulhu, which was launched in December 2021, Serendipity, released a month prior, and finally, Tiger Tiger, the first of the four GATI-powered games from G.Games as a Masters partner.

GATI is Yggdrasil’s advanced,  language agnostic, preconfigured, regulation-ready development toolkit that enables partners to build and deploy faster globally and fuels both YG Franchise and the YG Masters program.

Players can expect Yggdrasil to drop the latest version of developer Games Lab’s trademarked Towering Pays system, titled Towering Pays Excalibur, on February 3rd.

Exclusive Yankee Candle Sale- 50% Off Fall Bestsellers — Large Jar Candles Now Only $15 for Limited Time

Photo Courtesy of Yankee Candle

E! may get a commission if you purchase something through our links. Learn more.

With fall just around the corner, it’s time to get your home ready for cozy evenings and crisp, autumn days. There’s no better way to embrace the season than by stocking up on fall candles that fill your space with warm, inviting scents. Whether you’re dreaming of the sweet aroma of freshly baked goodies or looking for gifts that will bring a smile to loved ones’ faces, a great candle can make all the difference.

When it comes to capturing the essence of fall, Yankee Candle is a standout choice. Famous for their incredible scents and high-quality candles, the brand has become a beloved favorite among candle lovers everywhere. To celebrate the upcoming season, enjoy an exclusive 50% off all fall fragrances in large jar candles with our special promo code ENEWS50, valid for just 24 hours on August 24, 2024. From autumn classics like Spiced Pumpkin and Macintosh to returning favorites like Vineyard and Soft Blanket, plus free shipping on all orders, this sale is the perfect opportunity to fill your home with fall's most enchanting aromas. Start shopping now and find the perfect candles to welcome the season!

Shop 50% Off Yankee Candle's Bestselling Fall Scents + Free Shipping with Code ENEWS50

Yankee Candle Spiced Pumpkin Large Jar Candle

Warm your home with the cozy, comforting scent of Yankee Candle’s bestselling signature Spiced Pumpkin candle, where sweetened pumpkin blends with simmering spices of cinnamon, clove, and nutmeg, finished with a touch of brown sugar and vanilla for the perfect autumnal treat.

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Yankee Candle Macintosh Large Jar Candle

Bring the orchard to life with Yankee Candle’s Crisp Apple fragrance, a juicy blend of fresh apple peels and Macintosh, balanced with the zest of grapefruit and a hint of clove, evoking the irresistible crunch of that first bite of a perfectly ripe apple.

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Yankee Candle Apple Pumpkin Large Jar Candle

Cozy up your home with the cult-fave Apple Pumpkin fragrance, a delightful blend of home-grown apples, pumpkins, and warm spices like ginger and clove, sweetened with hints of vanilla and caramelized sugar. In other words, it’s just like enjoying a freshly baked pie on a crisp autumn day.

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Yankee Candle Vineyard Large Jar Candle

Featuring a sweet blend of robust cabernet, merlot, and zinfandel grapes, Vineyard is a returning Yankee Candle favorite. It fills your space with a luscious grape aroma, accented by red fruit notes and a touch of mossy undertones, creating a beautifully aromatic experience.

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Yankee Candle Autumn Leaves Large Jar Candle

Experience the whimsical charm of a forest walk with this candle’s inviting woody blend of birch and maple leaves, combined with fruity pomegranate, juniper berry, and a touch of orange blossom. It opens with fresh pomegranate and pine, flows into a heart of blackberry and rosemary, and wraps up with warm birch and dried persimmon leaves for a comforting, earthy scent.

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Yankee Candle Dried Lavender & Oak Large Jar Candle

Transform your space with the serene aroma of Dried Lavender & Oak, where fresh lavender mingles with the earthy richness of cedarwood and the subtle warmth of vanilla. This woody fragrance opens with zesty white peppercorn and bergamot, unfolds into a heart of delicate white flowers and moss, and settles into a cozy base of patchouli and cedarwood.

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Yankee Candle Pumpkin Cinnamon Swirl Large Jar Candle

Warm up your home with the irresistible aroma of Pumpkin Cinnamon Swirl, where the sweet and spicy scents of cinnamon, caramel, and clove bud mingle with rich nutmeg, pumpkin dough, and toasted pecans. Finished with a cozy base of vanilla, brown sugar, and warm musk, this candle captures the heart of autumn in every delightful flicker.

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Yankee Candle Autumn Wreath Large Jar Candle

Welcome fall with the inviting aroma of this candle, where crisp green apples and fresh leaves blend seamlessly with warm spices of cinnamon, clove, and nutmeg. The cozy base of woody notes and vanilla rounds out this fruity fragrance, creating a cheerful and comforting atmosphere.

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Yankee Candle Warm Luxe Cashmere Large Jar Candle

Experience the unparalleled coziness of Warm Luxe Cashmere, featuring rich vanilla cream and soft cashmere notes that wrap your space in warmth. With a touch of winter iris and creamy sandalwood, it smells like a high-end treat but is just $15 — perfect for adding a bit of indulgence to your day.

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Yankee Candle Soft Blanket Large Jar Candle

Snuggle up with the beloved Soft Blanket candle, a returning favorite that wraps your space in a cozy blend of sweet citrus, rich vanilla, and warm amber. It’s like a soft hug, with hints of powdery rose and cocoa, perfect for creating a comforting, inviting atmosphere.

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Yankee Candle New England Blueberry Large Jar Candle

Indulge in the juicy sweetness of this candle, bursting with the fresh scent of wild blueberries and blueberry preserve. With a hint of cane sugar to finish, it brings a deliciously fruity and cheerful vibe that’s sure to make your space feel extra cozy.

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Yankee Candle New England Maple Large Jar Candle

Treat yourself to the cozy, sweet scent of New England Maple, where rich maple syrup mingles with spicy cinnamon, ginger, and a touch of orange zest. With a heart of praline and brown sugar, and a warm base of maplewood and vanilla bean, it brings the delightful charm of a New England treat right to your space.

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Yankee Candle Ciderhouse Large Jar Candle

Welcome the season with this bestselling Ciderhouse candle, featuring the crisp aroma of freshly pressed Fuji apples and golden honey. Warming spices like cinnamon, clove, and nutmeg blend with a base of sandalwood, tonka, and vanilla bean to create a cozy, inviting atmosphere perfect for fall.

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Yankee Candle Harvest Large Jar Candle

Nothing says autumn quite like the brand's Harvest fragrance, where the spicy warmth of red hot cinnamon and cinnamon leaf blends seamlessly with sweet apples and pumpkin. Finished with a cozy base of vanilla and musk, this candle fills your space with a comforting, autumnal fragrance that’s perfect for the season.

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Yankee Candle Witches' Brew Large Jar Candle

Of course, we can't talk about fall without talking about spooky season! Cast a spell on your space with the Witches' Brew candle, where the spicy sweetness of clove and cinnamon mingles with exotic patchouli for a bewitching fragrance.

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If you're looking for more ways to bring cozy autumn vibes into your home, check out our roundup of cute fall decor that’s not related to Halloween!

—Originally published August 23, 2024, at 9 p.m. PT

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