The board of Aspire Global Plc has this morning ‘unanimously recommended’ an SEK 111 (€11) per share bid to shareholders, made on the behalf of NeoGames SA. The public tender offer values Aspire Global at a deal equivalent of SEK 4.3 billion (€410m), representing a 41% premium on the firm’s 17 January closing trading price on the Nordic Nasdaq Exchange …
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The final quarter of the year saw huge news across a range of areas of the international betting and gaming industry, as two major acquisition sagas concluded – with differing results – and the UKGC made a number of important announcements. In the second half of 2021, the betting sector closely followed a prominent transatlantic development, as major US player …
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Aspire Global has announced that all of its partner brands have now fully migrated to the BtoBet proprietary sportsbook platform, marking an ‘important step’ in achieving group synergies. The B2B gaming platform and software provider predicts that the completed migration of its partner brands will contribute to increased revenues, reduced costs and improved profitability. Additionally, the company has lauded the …
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Esports Technologies Inc has completed its deal to acquire Aspire Global’s B2C assets for $76 million (€68m). The transformative acquisition will see Esports Technologies significantly expand its igaming portfolio to include the online casino and sportsbook brands of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777 and GenerationVIP. In addition, Esports Technologies will advance its European market profile by securing online gambling …
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Aspire Global has reported ‘major success’ for Bettarget.com during the operator’s first three-months, leveraging the former’s BtoBet platform to enhance its sportsbook offering. The Nasdaq Stockholm-listed B2B betting and gaming provider has been supplying Bettarget with services via its BtoBet unit with a specific focus on sports betting operations in the UK and Irish markets. During its initial three month …
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Aspire Global has entered into a deal with Flutter Entertainment, agreeing to support the expansion of the latter’s FanDuel operator into Brazil via its BtoBet brand. The partnership will see FanDuel integrate BtoBet’s Player Account Management platform into its daily fantasy sports (DFS) offering, which it is launching in the Brazilian market via a collaboration announced yesterday with Rio de …
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Aspire Global has cited a strong performance across its range of products and services, particularly highlighting positive trading for its BtoBet sportsbook and Pariplay casino brands, as well as its M&A strategy with Esports Technologies. Publishing its interim results for Q3 2021, the group reported a revenue increase of 46% to €58.6 million (2020: €40.1m) whilst revenue for the nine …
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Esports Technologies Inc has entered a definitive agreement to acquire the B2C business of Aspire Global for an agreed valuation of $75.9 million. The US Nasdaq technology group will undertake its biggest M&A to date, agreeing to pay $58.3 cash for Aspire’s B2C portfolio, with the remainder of the transaction paid by a $11.7 million promissory note and $6 million …
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Aspire Global is set to integrate Esports Technologies’ proprietary odds modelling, market creation and trading feed into its own esports platform. As a result of a strategic licence agreement between STO-registered Aspire and the Nasdaq-listed esports betting organisation, the latter will also gain access to the former’s offerings and managed services. These offerings will include a number of B2B igaming …
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BtoBet’s proprietary sportsbook is becoming a key competitive advantage when talking to new as well as existing partners, said Aspire Global as it reacted to recording ‘all-time high’ revenues and EBITDA in Q2 2021 (April to June). Aspire’s platform and managed services business line grew by 7.7%, with the sub-segment Aggregation and Games (Pariplay) up 72.2%, while BtoBet – consolidated …
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