International edition
September 27, 2020

Completion is dependent on regulatory approvals

Unibet to acquire real-money social gambling business

(UK).- Unibet announces that it has signed a conditional agreement to acquire 100 % of Social Gambling (Channel Islands), SGCI, which principal asset is an investment in Bonza Gaming. Bonza is one of the first developers to launch real money gaming on the Facebook Platform.

T

he first game, Bonza Slots, was launched for the UK market at the start of 2013. SGCI holds slightly less than 50 per cent interest in Bonza, alongside co-investor Plumbee, a leading entrepreneurial social gaming business. After expected dilution for incentive schemes, Unibet’s equity interest in Bonza will be approximately 45 %. Bonza holds a B2C gambling license in Alderney.

Unibet is paying a nominal price of us$ 151 but will provide a us$ 3 million loan facility to support the growth of Bonza, of which us$ 377,670 is expected to be drawn down on completion.

Completion is dependent on regulatory approvals.

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