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Unibet completes Stan James Online acquisition

1st October 2015 7:06 am GMT

Stockholm-listed online gaming operator Unibet has completed the acquisition of Gibraltar-based operator Stan James Online for £19m.

As a result, Stan James Online will be consolidated into Unibet’s financial reporting as of Wednesday (September 30th).

Unibet agreed to acquire the operator for £19m in July and has completed the transaction with a payment of cash up front, adjusted for customer liabilities that it will now assume.

Stan James Online will continue to trade under its existing brand and through its current platform.

The [...]

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