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European iGaming operators set to bid for India’s Ace2three

31st October 2016 1:20 pm GMT

A number of leading European gaming operators are understood to be interested in acquiring Indian rummy operator Ace2three, the country’s largest iGaming business, in a deal worth up to £100m.

Ace2three has been investigating a potential sale for a number of months and is looking for cash offers in the range of USD$100m and $115m (£95m), with certain shareholders favouring a deal with European operators or gambling-focused private equity businesses.

The deal would offer the acquirer a path into [...]

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