International edition
September 18, 2020

It is valued at approximately us$ 5.9 million

CryptoLogic subsidiary acquires gaming portal and related assets

(UK).- CryptoLogic Limited announced that its wholly-owned subsidiary, Gaming Portals Limited (GPL), completed an agreement with Internet advertising group Media Corporation to acquire the popular gaming portal casino.co.uk and related Internet casino and poker room assets.

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his transaction will be earnings accretive from the outset. It is valued at approximately us$ 5.9 million, with the prospect of an additional payment of 1,249 subject to achieving post-closing performance targets.

GPL will maintain the existing services and will continue to offer current and prospective clients a high-quality portal with excellent advertising opportunities.

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