Evolution, who provides live casino solutions to online operators in both the US and Europe, will pay €220 million up front. This will be comprised of €80 million cash and the rest in Evolution shares.
Sweden's Evolution Gaming to Acquire Big Time Gaming in €450m DealThe acquisition is the latest move by Evolution as the company looks to expand its global offerings. In December of 2020, the company finalized a deal to buy NetEnt for €1.9 billion.
In an Evolution Gaming press release, Big Time Gaming CEO Nik Robinson said:
Sweden's Evolution Gaming to Acquire Big Time Gaming in €450m Deal Sweden's Evolution Gaming to Acquire Big Time Gaming in €450m Deal Sweden's Evolution Gaming to Acquire Big Time Gaming in €450m DealBig Time’s focus on innovation and creating unique playing experiences is a great fit with our culture and mind-set at Evolution. We look forward to continuing our journey together.”
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