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Oslo-listed gaming operator and service provider Gaming Innovation Group (GIG) has entered into an agreement to acquire the entire issued capital of iGaming operator Betit Holdings in a deal worth approximately €54m.

London-listed spread betting and CFD provider London Capital Group (LCG) has proposed a capital reorganisation plan which will see investment company GLIO Holdings, which is chaired by CEO Charles-Henri Sabet, increase its stake in the business to more than 80 per cent.