🔥 About Betsson – digital and mobile gaming entertainment

Most Liked Casino Bonuses in the last 7 days 🤑

Filter:

Active

Free bonus

Sort:

Newest

Popular

Betsson acquires Oranje and Kroon from three entrepreneurs. Betsson has also secured other key employees to remain with the business. The shares issued as payment in kind as part of the purchase consideration are issued under the authorization that the board in Betsson AB has from the Annual General Meeting. The funding creates flexibility for the future and will also be used to repay current outstanding debt. Initial roll out has begun and will be expanded upon during coming weeks. They will continue as external advisors to Betsson. Betsson AB acquires leading casino operator on the Dutch market. Betsson acquires a combination of shares and assets from the sellers for an initial purchase consideration amounting to EUR million enterprise value , of which EUR 60 million are payable in Betsson shares and the remaining 40 million is payable in cash. Registered customers amount to In addition to incremental earnings, the transaction contributes with more than new domains, a Belgian license and a number of proprietary developed and exclusive casino games. February 7, Scout Gaming launches Esports Thursday April 16th, {/INSERTKEYS}{/PARAGRAPH} The maximum remaining purchase consideration amounts to EUR 45 million, which implies a maximum total purchase consideration of EUR million, which corresponds to 6. In addition to the initial purchase consideration, a remaining purchase consideration may become payable, based on the outcome of the anticipated re-regulation in Holland. The initial purchase consideration corresponds to 4. A more attractive re-regulation for Oranje and Kroon will trigger a higher remaining amount to be settled by Betsson. {PARAGRAPH}{INSERTKEYS}The companies are primarily targeting the Dutch market, but Kroon Casino also has a presence in Belgium. Betsson estimates that the acquisition and integration costs will not exceed SEK The acquisition is financed through equity, own generated cash and a newly secured EUR 90 million bank facility. However, the expected remaining purchase consideration is EUR 30 million, representing a total purchase consideration of EUR million, corresponding to 5. The acquisition is subject to customary regulatory approvals, and closing is expected to take place during first quarter As casino operations start to resume around the world there will be a wide range of mandatory measures required to ensure the safety and wellbeing. Scout Gaming intends to roll out Esports to its full client base in near term, opening up the reach of its products and B2B partners to the. Scout Gaming is launching Esports across its network of partners.