PartyGaming acquires Gamebookers for £70m
Online gaming company PartyGaming has announced its acquisition of online sports betting business Gamebookers from Trident Gaming for an estimated net cash consideration of 102m euro (£70m, US$131m).
PartyGaming CEO Mitch Garber said: “The acquisition is an important step forward in diversifying our business from both a product and geographical perspective. Gamebookers is a well-established and profitable operator with proven risk-management skills and scaleable proprietary software.
“We believe that sports betting will be a valuable addition to our integrated gaming platform, which we expect to provide excellent cross-selling opportunities for our expanding base of customers outside the US.”
Established in 1999, Gamebookers provides online sports betting to more than 250,000 registered customers in 140 countries as well as more than 53,000 active customers. Bets are not accepted from customers based in the US. Details: www.partygaming.com
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