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Announced

Evolution Gaming to acquire Big Time Gaming for $535m.

Financials

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Transaction Value£390m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales13.6x
EV/EBITDA15.51x
Share Price Premium-
One Off Charge-

Tags

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slot machine development

Majority

Acquisition

Casinos and Gambling

Cross Border

Single Bidder

Australia

Pending

Private

Friendly

Synopsis

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Evolution Gaming, a live casino provider, agreed to acquire Big Time Gaming, a slot machine development company, for $535m. “With the addition of Big Time Gaming to our portfolio of slot brands we strengthen our strategic position as the leading provider of digital casino games in the world. Big 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,” Jens von Bahr, Evolution Chairman.

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