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Amaya completes acquisition of lottery supplier Diamond Game

17th February 2014 7:54 am GMT

Toronto-listed gaming software provider Amaya Gaming Group has finalised its acquisition of the California-based lottery technology supplier Diamond Game Enterprises.

Amaya has completed the deal for a total purchase price of US$25m, subject to post-closing purchase price adjustments. The supplier paid $18m in cash, with a further $7m held back for certain contingent liabilities and other items.

The deal allows Amaya to integrate its games library with Diamond Game’s lottery technology, expanding the reach of both companies [...]

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