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New Deal


Announced

Completed

Bettson completed the acquisition of Zecure from GIG for $25m.

Financials

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Transaction Value£19m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Entertainment

Majority

Disposal

Single Bidder

gambling

Acquisition

Private

Malta

Cross Border

betting

remote gambling

Friendly

Completed

Synopsis

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Bettson, an online betting platform, completed the acquisition of Zecure, a remote gaming services and software services provider, from GIG, a gaming company for $25m. "We believe this deal offers a good opportunity for Betsson to consolidate, create synergies and apply our core B2C skills and marketing insights to scale these assets to their true potential. The agreement with GiG further strengthens and expands Betsson's outreach and growth potential for its proprietary sportsbook and payments platforms in the B2B market. I am excited to collaborate with GiG as a distribution channel. We share the same passion for sports betting and providing a player environment which is unique, entertaining and safe," Pontus Lindwall, Betsson Chief Executive Officer.

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