NetEnt acquires slots rival Red Tiger Gaming in £223m deal

Stockholm-listed provider to pay an initial £197m in an all-cash deal for the online slots studio

NetEnt has acquired rival online slots provider Red Tiger Gaming in a deal worth up to £223m, the Stockholm-listed company announced today. The deal will see NetEnt pay an initial £197m for 100% of the shares in Red Tiger, as well as an additional £23m payable in 2022 on an earn-out basis, subject to Red Tiger’s…

Casino | Gavin Hamilton | M&A | NetEnt | Red Tiger Gaming | Slots | Therese Hillman