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Leading iGaming and sportsbook platform provider BtoBet will join forces with Aspire Global, after agreeing a deal comprising a cash consideration of €20m, €15 million of which is to be paid at closing and €5 million payable 12 months after closing.“This is a perfect match.7 million)....

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An additional performance-based consideration is payable two years from the close date and is seven times BtoBet’s EBIT in the second year from closing, less the €20 million purchase price.Prominent pitfalls:Furthermore, the Gambling Commission figures showed that the gross July figure for online poker had experienced a 23% month-on-month tumble to roughly ￡9 million (. We have been in the industry for a long period of time and finally we met the perfect partner that matches our vision and with which we can build a stronger presence globally....

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Prominent pitfalls:Furthermore, the Gambling Commission figures showed that the gross July figure for online poker had experienced a 23% month-on-month tumble to roughly ￡9 million (.9 million (.Gibraltar-headquartered BtoBet boasts 32 operators on its sports betting platform across Europe, Latin America, and Africa and is a leading provider in the latter two....

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Aspire, which has a significant presence in Europe and in November 2019 entered the regulated US market via Pariplay to supply content to 888casino in New Jersey, now takes a prime position in the two burgeoning markets. We are impressed by the qualities of the Neuron Sports platform and in addition we will get access to new growth markets, new potential big deals and new opportunities,” said Maimon.The body used an official Thursday press release to explain that the decline came in the wake of a government decision that saw land-based retail betting shops allowed to re-open from June 15 following a twelve-week coronavirus-induced shuttering....

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With the acquisition of BtoBet we have become a true global B2B company which owns and provides an iGaming platform, sports betting, casino games and games aggregator as well as managed services for all continents and markets.Consequential curve:The information from the Gambling Commission moreover revealed that accumulated July revenues from online sportsbetting dropped by 4% month-on-month to about ￡209. We are impressed by the qualities of the Neuron Sports platform and in addition we will get access to new growth markets, new potential big deals and new opportunities,” said Maimon....

 

 

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