Nuvei takes US igaming and sports betting steps with M&A

Payment specialist lands initial $53m deal for Mazooma as it banks on ACH capabilities to drive success

Payment technology firm Nuvei has taken its first steps into the US igaming and sports betting industry after acquiring fellow payment solutions provider Mazooma for $56m (£40.1m). The M&A also includes an additional consideration payment subject to performance criteria over a maximum three-year period, up to a maximum of $315m. Approximately 24% of this future…

M&A | Payments | US | US sports betting