Evolution Gaming Recognized as a titan in the Live Casino world, Evolution Gaming has recently stirred the waters by reaching an agreement to acquire NetEnt, a distinguished name in game development known for its blockbuster slot games. Starburst , Dead or Alive , Twin Spin and hundreds of others.
With both companies publicly traded on the Stockholm stock exchange, Evolution Gaming's offer of SEK 19.6 billion (or roughly C$2.8 billion) at SEK 79.93 per share is poised to secure 90% ownership of NetEnt, if approved.
Evolution Gaming stated that this merger combines its top-notch live casino offerings with NetEnt's slot expertise, positioning the combined entity as a premier B2B supplier driving the digital transformation of global gaming.
Although the tempting offer has been placed, the acceptance window opens in August, lasting two months. NetEnt's stakeholders have already signified their intent to accept the proposal. EGR Global ){-{/em}-}.
Who is Evolution Gaming?
Since its inception in 2006, Evolution Gaming has emerged as a dynamic force in B2B gaming software, boasting over 300 online casino partnerships, alongside a workforce surpassing 8,000 across European and North American studios. live casino The innovation engine at Evolution Gaming is well-regarded for crafting live casino experiences that range from classic table games to groundbreaking game show formats like Live Deal or No Deal and Monopoly Live. Daily Free Spins This reputation has earned Evolution Gaming numerous accolades, with the latest being its recognition as Online Casino Supplier of the Year at the 2020 Global Gaming Awards.
The dramatic acquisition of NetEnt by Evolution Gaming signals a reinforced grip on the iGaming sector, showcasing Evolution's rapid rise as an industry leader.
NetEnt, with roots tracing back to 1996, has long been celebrated as a pioneer in the game development scene, and this acquisition narrative is capturing significant attention.
Free Spins on Sign Up NetEnt has been no stranger to mergers; its recent union with Red Tiger for £220 million highlighted an effective strategy to boost dipping share values, sparking a notable growth post-integration.
Looking ahead, this partnership promises benefits for Evolution Gaming, fortifying its market presence as NetEnt's shares soared from SEL 56.00 to SEK 77.00 following the deal's announcement.
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