Boa Lion agrees to acquire Brazilian online bingo developer Bingão do Brasil
Boa Lion, a joint venture between Grupo Globo and MGM Resorts, agreed to acquire 100% of online video bingo developer Bingão do Brasil in Brazil. The transaction requires approval from the Administrative Council for Economic Defense (Cade); its value was not disclosed.
The proposed acquisition would extend Boa Lion’s activities into online video bingo, subject to Cade approval.