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Apple iSports agrees to acquire LBC Enterprises, pending approvals

Deals & M&A

Apple iSports announced an agreement to acquire all shares in LBC Enterprises, an online gaming, betting and payments company. The transaction is expected to close in Q3 2025, subject to closing conditions and regulatory approvals. LBC would retain its brand and chief executive Ian Parke if the deal proceeds.

The proposed acquisition would bring LBC's gaming platform and Lucky Bet operations under Apple iSports ownership, subject to approvals.

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Deals & M&A

Boa Lion agrees to acquire Bingão do Brasil pending CADE review

Boa Lion, the Brazilian joint venture between MGM Resorts International and Grupo Globo, agreed to acquire all of video bingo developer Bingão do Brasil, according to a report citing a CADE notice published on 9 June. The transaction price was not disclosed, and completion depends on approval by Brazil’s competition authority; Bingão do Brasil has not begun commercial operations.

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