ORYX Gaming Owner Buys Nevada Online Casino Games Maker
May 13, 2021, 1:03 pm · Gambling technology firm Bragg Gaming Group is set to acquire Reno, Nevada-based technology and iGaming content provider Spin Games in a deal that will strengthen the former’s US footprint and help it grow in that lucrative space. Under the terms of a tie-up agreement between the two companies, Bragg would purchase Spin Games in a cash and stock transaction for a total purchase price of $30 million. The deal will see the sellers of Spin Games receive $10 million in cash and $20 million in common Bragg shares, of which $5 million wo...
Source: casinonewsdaily.com