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Contagious Gaming completes acquisition of sportsbook supplier Digitote

3rd December 2015 9:09 am GMT

Gaming software supplier Contagious Gaming has completed its acquisition of German sports betting solutions provider Digitote, with the price potentially rising to €5m following a four-year earn-out.

The company announced the completion of its acquisition of Digitote Limited and Digitote Software GmbH Deutschland Wednesday, having agreed the deal earlier this year in May. Of the €5m purchase price, €2.8m (CAD$4m) will be satisfied through the issuance of 8,008,000 Contagious Gaming common shares at a price of CAD$0.50 per share.

The final [...]

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