River iGaming acquires Gaming Realms Plc

WE PROVIDE THE SOLUTION FOR ASSET MANAGEMENT

River iGaming has today, through its wholly owned and newly incorporated subsidiary, River UK Casino Limited (“River UK”) signed an asset purchase agreement to acquire 70% of a carve-out containing the B2C online casino business of the UK-based company Gaming Realms Plc (registered in England and Wales) and its subsidiaries. Following completion of the transaction, each of River iGaming and Gaming Realms will hold 70% and 30% in River UK, respectively. The Target Business features well-recognized UK casino brands, including the ownership to the Pocket Fruity and Spin Genie brands and the certain rights to the Britain’s Got Talent and X Factor Games brands The acquisition will give River iGaming a complementary game offer, expertise and knowledge in one of the world’s largest gaming markets With the Target Business’ UK presence and unique content, this is an important milestone in establishing River iGaming as a NOK billion Pan-European iGaming company, and will create significant synergies with the Company’s existing business In 2017, the Target Business had net gaming revenue of GBP 13.9 million and EBIT of GBP 4.7 million in total for the acquired brands

Project Detail

Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high. Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell.

ClientDreamAct
Date17 August 2017

Result Driven

More than 25 years of experience working in the industry has enabled us to build our services and solutions in strategy, consulting, digital, technology and operations that help our clients with their trading projects around the world. Capabilities we leverage for our clients include a powerful alliance network with leading capital markets software vendors, and programs such as the FinTech Innovation Lab that keep us at the forefront of innovation. Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting Our Trading helps clients run and transform their front, middle and back-office trading operations.

We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across.

What We’ve Done

We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement

More than 25 years of experience working in the industry has enabled us to build our services and solutions in strategy, consulting, digital, technology and operations that help our clients with their trading projects around the world. Capabilities we leverage for our clients include