GVC Holdings has agreed a joint venture with Malta-licensed operator Betit Securities Limited as part of a strategic initiative to boost its presence in the Scandinavian online gaming market.
Under the terms of the joint venture agreement, the companies will establish a new business known as Betit Holdings Limited. GVC will pay an initial €3.5m for a 15 per cent stake in the joint venture and a place on Betit’s board, subject to the approval of [...]
