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Acquisition of the sportsbook aligns with the Stockholm-listed iGaming solutions provider’s growth strategy and is expected to close during Q4 2020 and have a “material positive effect” on its EBITDA as of 2021.5 million).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 (....

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”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. 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....

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