Apple iSports agrees to acquire LBC Enterprises for about $125 million
Apple iSports and LBC Enterprises’ boards approved a proposed acquisition that would give Apple iSports full control of LBC, which operates Lucky Bet. The companies valued the transaction at about US$125 million and expected it to close in the third quarter, subject to regulatory approval; LBC would continue operating under its brand, led by Ian Parke.
The proposed deal would transfer control of LBC and its gaming operations, subject to regulatory approval.