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Esports Entertainment to acquire iGaming operator Bethard

26th May 2021 8:47 am GMT

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 [...]

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