Evolution Gaming offers the purchase of a netent for 1.8 billion euros!
Giant in the Evolution Gaming gambling industry has made an offer to take over Netent, digitally distributed gaming systems for 19.6 billion sec, or about 1.8 billion EUR. Both companies have Licenses MGA B2B Critical Gaming Supply and have offices in Malta.
Evolution Gaming, a company that currently has approximately 600 employees in Malta And it is a leading supplier Casino games Live, extended the offer for all shareholders of Netent to sell their shares in exchange for 0,1306 Evolution Gaming shares – a transaction that translates into around 1.8 billion eurosand which the Directors’ Board of Directors recommended to accept the Shareholders.
In this agreement, Evolution Gaming will take over Net Entertainment, which is a leading creator Online vending machines, live games and table games. Evolution Gaming said that the amount is not discussed in accordance with Traffic principlesand the time framework of the offer acceptance is from 17 August to October 26, 2020.
History and causes of the offer
- This is a contract that will accelerate the evolution movement in the direction of becoming a global leader in the online gambling industry.
- A combination of the leading EVOLUTION GAMING position in the section NI live casinos With a strong position of Netent in online slot machines, it will create the best B2B supplier in its class, which will be able to drive the digitization of the global gaming industry.
- The combined product portfolio will include some of the most popular live casino games and online vending machines, and generate revenues thanks to the sale and improved distribution through the customer base of both companies, as well as closer cooperation with clients.
- It is expected that the combination of these two companies will bring annual savings of around EUR 30 million, compared to the total base of Netent and Evolution costs from the first quarter of 2020. This includes savings of around 150 million sec, which Netent has already revealed.
Who is Evolution Gaming?
Evolution Gaming is one of the most popular and relevant live gaming suppliers for the best online casinos in Europe and around the world. This company provides the highest quality and exciting gameplay by providing live games with real croupors with the highest level of quality.
Bureau and Evolution Gaming studies are located in Malta and Latvia. They employ people from many countries using different languages to satisfy different markets. All their live games are adapted to the needs of casinos and players. Evolution Gaming is a fully licensed and regulated in Alderney, Malta, Great Britain, Belgium, Denmark, in Romania, Italy and Spain. Learn more about Evolution Gaming here.
Who is the netent?
Netent is one of the best online gaming suppliers and gambling solutions. Each game in Portfolio Netent has a very high level with delightful animations. Netent approaches the creation of each game very seriously. Netent employs a team of highly motivated, talented and qualified programmers who are real experts in creating casino games. Read full Opinions of Netent Games Suppliers here.
Where can I find Netent and Evolution Gaming games?
Now, as you learned a little about the leaders of the online gambling industry, and their plans for the future, it’s time to try their games! Check the boxes below where you can play the best titles from Netent and Evolution Gaming