Nevada board backs Sega Sammy Creation’s acquisition of GAN
The Nevada Gaming Control Board approved Sega Sammy Creation’s proposed acquisition of GAN in September 2024, according to the report. The Nevada Gaming Commission was due to consider final approval on 26 September; completion was expected in late 2024 or early 2025. Each GAN ordinary share was to convert into $1.97 in cash if the merger completed.
The Nevada board’s approval advances the GAN acquisition, but final commission approval remains pending.