Betsson acquires RaceBets in €40m deal

Operator snaps-up horseracing specialist and will integrate racing product into existing sportsbook brands

Betsson has acquired horseracing betting operator RaceBets in a deal worth up to €40m, as the firm looks to strengthen its presence in the UK and German markets. The deal, which should complete early next year, will see Betsson pay an initial €34m sum for the Malta-based operator, with an additional €6m to be paid…

Betsson Group | M&A