Unibet’s stake in Bonza will come as the result of its 100% acquisition of Social Gambling (Channel Islands), a shell company whose sole reason for being is housing Sportingbet’s share of the Bonza biz.
Bonza, which holds a B2C gambling license issued by the Alderney Gambling Control Commission, released its first real-money gambling social slot (the imaginatively titled Bonza Slots) on Facebook last month.
Unibet is paying a mere us$ 152 up front for the acquisition, but has agreed to provide a us$ 3 million loan to keep Bonza’s lights on until the non-virtual money starts rolling in. The conditional deal is still subject to regulatory approval.