The deal has a price of approximately $30 million, and is expected to be financed through a debt facility.
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The new deal gives Esports Entertainment, which has its U.S. headquarters in Newark, access to a premium casino platform, including proprietary technology.
“Over the past five years, Lucky Dino has evolved from a single brand, white-label casino operator into a multibrand, class-leading casino operator and technology business,” Esports CEO Grant Johnson said in a prepared statement. “In addition to further strengthening our tech stack, Lucky Dino’s assets will give us a substantial foothold in multiple new jurisdictions across Europe and Scandinavia.”
Esports Entertainment announced the acquisition of Esports Gaming League earlier this month.