Login/Register
NetEnt
NetEnt
CSB Group
BigTimeGaming

Betsson enters Georgia with $85m Europe-Bet acquisition

29th June 2015 6:50 am GMT

Sweden’s Betsson has acquired Georgian online and land-based gaming operator Europe-Bet for an initial purchase consideration of US$50m, with a further $35m to be payable after one year as long as gaming regulations in the country remain unchanged.

Betsson said that the deal strengthens its strategic position in the region, with Europe-Bet the second largest operator in the regulated Georgian market with close to a 30 per cent share, behind only Adjarabet.com.

"Europe-Bet has established a strong [...]

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

Every Matrix
Skywind
Pragmatic Play
Digitain
Playtech
BigTimeGaming