Oslo-listed Gaming Innovation Group (GIG) has acquired Nordbet, a company licensed to offer sports betting in the German state of Schleswig-Holstein.

The company said that the licence would strengthen its offering in the German market by allowing GIG's own B2C brands, which include Thrills.com, SuperLenny.com and Guts.com, to offer sports betting in the country.

Nordbet is currently an inactive company with no assets except for the licence, which GIG has acquired for €0.5m.

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