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Veltyco ends talks to acquire German sportsbook BTTY

11th July 2018 7:27 am GMT

London-listed online gaming marketing specialist Veltyco has confirmed that it has terminated talks to acquire Ruleo Alpenland, operator of the BTTY branded sportsbook in Germany and Austria.

Veltyco had entered into an exclusivity period in February regarding the potential acquisition of Ruleo, a sports betting operator that the company provides marketing services to.

Having completed due diligence on the business, Veltyco noted that recent developments regarding the German licensing regime could impact the [...]

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