Boa Lion seeks to acquire Bingão do Brasil pending CADE approval
Boa Lion, the Brazil-focused joint venture of MGM Resorts International and Grupo Globo, reportedly agreed to acquire all of bingo developer Bingão do Brasil from L.Eva Participações and other investors. The financial terms were not disclosed, and the transaction still requires approval from Brazil’s competition authority, CADE.
The proposed acquisition could expand Boa Lion’s Brazilian bingo business, subject to competition approval.