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Globo agrees to acquire Bingão do Brasil amid Brazil market plans

Deals & M&A

Grupo Globo agreed to acquire Bingão do Brasil, which is developing electronic bingo products, with the transaction carried out by Boa Lion. The deal was reportedly approved by Cade earlier this week; its value was not disclosed, and Bingão do Brasil is not yet operating, according to the lawyer handling the transaction.

The acquisition concerns a prospective electronic bingo business while Brazil’s bill covering bingo and physical casinos remains pending in Congress.

End-of-day close MGM Resorts (MGM), USD, to 31 July 2026
Story date4 May 202631 July 2026

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