New York-listed Esports Entertainment Group has continued its recent M&A spree with an agreement to acquire Gameday Group-owned sports betting and iGaming operator Bethard Group.
Under the terms of the agreement, Esports Entertainment will pay €16m in cash for the business, alongside a 12 per cent share of net gaming revenue over the next two years.
Founded in 2012, Malta-based Bethard offers online sports betting and casino games under licenses in Sweden and Spain and generated net [...]