Bally’s Gamesys merger clears UKGC operating licence hurdle

US casino operator to complete $2.75bn deal for FTSE 250 firm on 1 October with Gamesys shares to de-list three days later

Bally’s’ $2.75bn merger with Gamesys is set to complete on 1 October after the UK Gambling Commission (UKGC) approved the multi-billion-dollar deal. The UK regulator has determined that all operating licences held by members of Gamesys Group will remain in place following the effective takeover date. Under the current scheme of completion, a court hearing…

Bally's Corporation | Gambling Commission | Gamesys Group | M&A | UK Gambling Commission