Login/Register
NetEnt
NetEnt
BetConstruct
BigTimeGaming

Sportech agrees sale of Bump 50:50 to Canadian Bank Note

1st February 2021 8:19 am GMT
Playtech

London-listed betting technology supplier Sportech has agreed a conditional deal to sell its Bump 50:50 digital raffle business to Canadian Bank Note Company.

The sale of Bump Worlwide Inc. is expected to close during the second quarter of the year for a consideration of CAD$10.0m (£5.7m), including a $2.0m earnout based on the company’s financial performance in 2022.

Proceeds from the sale will be used to further Sportech’s sports betting ambitions and retail gaming business in Connecticut.

“We [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
BTObet
Wazdan
G2E
Sportradar
Greentube
Digitain
NetEnt
BigTimeGaming