Unibet Group plc signed an agreement last Friday to acquire 100 percent shares of iGame Holding plc and its subsidiaries for a minimum of €59 million.
The iGame Group specializes in online casino, poker, and sports betting offerings with a main focus in Scandinavia countries. BusinessWire reports that as of the second quarter of 2015, the number iGame's quarterly active customers was approximately 75,000, while in the six-month period to June 30, 2015, the group's Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) was €4.7 million.
The future EBITDA of the company will determine the ultimate acquisition price.