Login/Register
Evolution
Evolution
High 5 Games
OpenBet

Evolution acquires Big Time Gaming in €450m deal

12th April 2021 9:55 am GMT
Evolution

Stockholm-listed casino games provider Evolution has entered into an agreement to acquire slots developer Big Time Gaming for a total consideration of up to €450m.

Evolution will pay a total up-front consideration of €220m through a combination of €80m in cash and the remainder in newly issued Evolution shares.

The company will also pay an earn-out based on Big Time Gaming’s EBITDA for the 2022/23 and 2023/24 fiscal years, up to a maximum of €230m, which will [...]

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
Pragmatic Solutions
Sportradar
digitain
Gamomat
Future Anthem
Genius Sport
NeoGames
G2E
Relax Gaming
Greentube
High 5 Games
Pronet Gaming