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Sweden’s ahaWorld agrees acquisition of LatAm sportsbook operator

29th November 2016 7:13 am GMT

Aktietorget-listed gaming operator ahaWorld is preparing to enter the Latin American betting market after striking a deal to acquire a majority stake in an unnamed betting operator.

ahaWorld has signed a Letter of Intent (LoI) to acquire 51 per cent of the business with an option in place to purchase the remaining 49 per cent within the next 24 months.

The sports betting-focused business generated revenue of €2.4m in the past 12 months, with earnings before interest and tax [...]

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