Betsson Finalises Nordicbet Acquisition

BETSSON FINALISES NORDICBET ACQUISITION

20th June, 2012 at 10:43:59
Source: http://www.azonlinecasinos.com

All regulatory approvals received

The Swedish online gambling group Betsson AB has received all the necessary approvals to complete the acquisition of the Malta-based Nordic Gaming Group and its three sportsbook, casino and poker subsidiaries, NordicBet, Tobet and Triobet.

The company has acquired all shares in NordicBet for a consideration of approximately Euro 65 million consisting partly of cash and partly of a new issue of 217,974 series B shares exclusively available to the Nordic Gaming Group. An additional purchase price, based on the development of the acquisition during 2012, may become payable which could amount to a maximum Euro 20 million.

Related News Tags:



« News index »



SWEDISH GOVERNMENT'S ONLINE GAMBLING STUDY GROUP TO DELIVER FINDINGS THIS WEEK (Update)

29th March, 2017 at 19:48:16
Reliable sources tell Reuters news agency that the investigating panel is likely to advise the scrapping of the monopoly system.

NEW ONLINE SLOT FROM QUICKSPIN ON THE WAY

25th March, 2017 at 08:38:18
Sakura Fortune set for release April 11.

SWEDISH MARKETING FIRM IN HOT WATER FOR LEOVEGAS SMS PROMO

22nd March, 2017 at 20:12:25
Norwegians submit seventy complaints to ombudsman regarding unsolicited online casino promotion.

ENERGYCASINO TAKE ON LIVE DEALER SOLUTION FROM EVOLUTION GAMING

20th March, 2017 at 15:15:56
Expanded live casino offer for UK market.

PARIPLAY TO PROVIDE GAMING CONTENT TO BETSSON

17th March, 2017 at 06:19:15
Swedish online casino operator to take on games like Atari Asteroids, Atari Star Raiders and Atari Black Widow in comprehensive content package