May 12, 2021
Bragg Gaming Group, a global B2B iGaming technology and content provider, has announced that it has entered into a definitive agreement to acquire Spin Games LLC, a Reno, Nevada based B2B gaming technology and content provider currently servicing the US market, subject to regulatory approval. The cash and stock transaction is valued at approximately $30 million.
According to a press release, the transaction serves to immediately establish Bragg’s US operating footprint setting the foundation for the Company’s growth strategy in the region.
Saiber LLC served as M&A and regulatory counsel to Bragg in connection with the transaction, which is expected to close following final approval from state gaming regulators and satisfaction of other customary closing conditions.
