Stockholm-listed betting and gaming operator MRG has completed its acquisition of Latvian iGaming operator 11.lv, with plans underway to launch the Mr Green and Redbet brands in the market.
MRG announced it would acquire a 75 per cent stake in 11.lv, which holds licences for licences for betting, casino and live casino in Latvia, in May this year. It paid a purchase price of €2.8m for its stake, with the company's founders to retain the remaining [...]