Mr Green acquires Evoke Gaming including Redbet Mon, Dec 18, 2017 20:00 CET has signed an agreement to acquire including the gaming sites Redbet, Vinnarum casino, Bertil and MamaMia.
The purchase price amounts to EUR 7 million and will be paid in cash.
An additional purchase price of EUR 1.
The price is calculated on enterprise value debt free basis.
Mr Green is acquiring all vinnarum 18 december 2019 – lucka 18 slotsia in Evoke Gaming Ltd from Bonnier Growth Media.
There will be a marginally negative impact on cash flow for 2018.
Mr Green expects to achieve synergies of EUR 2.
For the first nine months of 2017, revenue amounted to EUR 7.
In 2017, revenue and earnings were negatively impacted as a result of the migration to a new technology platform and restructuring measures which are expected to be finalized by the time of the completion of the transaction.
Evoke Gaming currently has 82 employees, all of whom work in Malta.
Following the relaunch of Redbet and Vinnarum before summer 2017, the sites have demonstrated favourable growth.
Redbet offers sportsbook, casino and poker, and holds a strong position, primarily in Sweden and the UK.
Mr Green believes that Redbet has major potential to grow in parallel with Mr Green and develop into a global brand.
Vinnarum casino commands a solid position in the Nordic region with a high share of returning customers.
Bertil and MamaMia are bingo sites with loyal customers and a strong position in Sweden.
Mr Green intends to continue operating Vinnarum casino.
Bertil and MamaMia are considered to have the potential for continued expansion, primarily in the Nordic region.
With Redbet and Mr Green, we have two immensely strong brands addressing different segments and we see major potential to expand Redbet into our existing markets.
The acquisition is subject to the customary regulatory approval.
The transaction is expected to be completed in the first quarter of 2018.
Vinge, らぃのtop｜目覚めし冒険者の広場 Partners and KMPG are advisers to Mr Green in the transaction.
The information was submitted for publication, through the agency of the contact person set out above, at 8.
CET on 18 December, 2017.
Mr Green is a leading online gaming company with operations in twelve countries.
The business concept is to offer entertainment and a first-class gaming experience in a responsible environment.
The business was founded in 2007 and has developed into vinnarum 18 december 2019 – lucka 18 slotsia well-established online gaming company with a broad customer offer and a strong globally viable brand.
In 2016, Mr Green generated sales of SEK 924.
The headquarters and technical development are based in Stockholm, and operations in Malta.
Mr Green has gaming licenses in Malta, UK, Italy, casino license in Denmark and Sportsbook license in Ireland.
Tags: About Us MRG is a fast-growing, innovative iGaming Group with operations in 13 markets.
MRG offers a superior experience in a Green Gaming environment.
MRG vinnarum 18 december 2019 – lucka 18 slotsia founded in 2007 and operates the iGaming sites Mr Green, Redbet, 11.
The Group had a turnover of SEK 1,192.
MRG has gaming licenses in Denmark, Ireland, Italy, Latvia, Malta, Sweden and the UK.
Mr Green will give us the muscles to continue growing internationally in an effective manner Fredrik Staël von Holstein, CEO Evoke Gaming.
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