Unibet Strengthens Position with Acquisitions

Canadian GamblingGreat news has been announced by Unibet Group, the famous internet gambling operator that it based in Malta. The news is concerned with the completion of the acquisition of Nordic Betting Limited, as Unibet Group has announced some time ago that it plans to buy out the Nordic gambling company along with all of its assets for a sum of 11.25 million pounds, and it has been reported that eighty percent of that number will be settled in a cash transaction. So it seems that the deal has finally come to a close as it has been announced that the acquisition has been done and completed.

Besides buying out Nordic Betting Limited, Unibet also bought the independent internet bookmaker that is based in Australia, Betchoice Corporation Party Limited. The deal closed at 13.6 million pounds. Not only that, but in last November Unibet also purchased Solfive SAS, the famous internet gambling operator that offers its services in France for a sum of 4.8 million pounds. It seems that Unibet is expanding its operations noticeably buy purchasing a lot of internet gambling operators in different regions to expand its reach.

Back to the main topic, the purchasing of the Nordic Betting Limited company, as it has been announced by Unibet through a statement that Bet24 will still trade under its own brand and its own platform. The statement also included that Unibet will merge its existing operations of bet25 with the operations it currently has in Malta.

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