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Bet24 sold to Unibet

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  • #627175
    David_EGO
    Member

    It seems Bet24 will be sold to Unibet during the summer.
    Don’t know if this is good news or not.
    I have been working with both brands for several years and I like them both…..

    #823384
    bosshoggs
    Member

    @Footballfan 238447 wrote:

    It seems Bet24 will be sold to Unibet during the summer.
    Don’t know if this is good news or not.
    I have been working with both brands for several years and I like them both…..

    Wow, Footballfan… thanks for the update!

    Just found the following update here:

    MTG Sells Bet24 to Unibet

    Looks like Bet24 is going for €13.5 million … Not too shabby.

    I’m interested to see why this move has been made and what their game plan is… Anyone have any other insight on this story?

    #823434
    Anonymous
    Inactive

    Kind of ironic or sad that one of the pioniers in the fight for a liberalized gambling market is sold so short after the actual liberalization. However, perhaps predictable and not the first to get aquired of the smaller brands.

    #823441
    gambleroo
    Member

    I thought it would be more than the quoted price :(

    #823442
    bosshoggs
    Member

    @slotsaff 238521 wrote:

    I thought it would be more than the quoted price :(

    Interesting… what did you think the price would be?

    #823459
    Anonymous
    Inactive

    @JillO 238522 wrote:

    Interesting… what did you think the price would be?

    Nordic Betting Ltd had a gross winning revenue (on consistent basis with Unibet accounting policies) of approximately EUR 10.5 million (GBP 8.75 million) for its latest financial year ended 31 December 2011.

    I don’t think that Nordic Betting is much more than Bet24, so I agree it sounds cheap!

    #823494
    bosshoggs
    Member

    We’ve been able to get some additional details on this developing story here:

    Bet24 Sold to Unibet

Viewing 7 posts - 1 through 7 (of 7 total)