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Grupo Esportes Gaming Brasil agrees to acquire BETBR Loterias in Brazil

Deals & M&A

Grupo Esportes Gaming Brasil announced that subsidiary HS Gaming Participações is acquiring 100% of BETBR Loterias in Brazil. The transaction, which would bring the Apostou, B1BET and BRBET brands under the group, has been notified to CADE and remains subject to completion.

The proposed acquisition would add BETBR Loterias and its betting brands to the group’s operations.

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Deals & M&A

France's competition authority approves Banijay's Joa acquisition without conditions

France's competition authority has approved Banijay's planned acquisition of casino operator Joa without conditions. The review, the authority's first of a gambling transaction spanning online and land-based operations, focused mainly on poker and concluded that the deal was unlikely to restrict competition. The authority said its assessment did not account for possible future legalisation of online casino games.

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