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Announced

Completed

Bally's completed the acquisition of Monkey Knife Fight for $110m.

Financials

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Transaction Value£79m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

gaming platform

Completed

Friendly

Gaming

Domestic

Single Bidder

Acquisition

Majority

Synopsis

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Bally's, a firm that operates in the casino industry, completed the acquisition of Monkey Knife Fight, a developer of a gaming platform, for $110m. "Since our inception, we have distinguished ourselves from competitors by providing the best experiences for our valued players, forming strategic partnerships with teams, ownership groups and players unions, and acquiring strategic assets to bolster our position in the market. I am immensely proud of all we have accomplished over the past three years at MKF and am confident that the talented Bally's team has what it takes to continue to grow and develop what is already a great business," Bill Asher, MKF Founder and CEO.

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