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GAN Limited Announced Agreement to Acquire Coolbet
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GAN Buying Coolbet for $175 Million, Says Deal Is Accretive
WebApr 11, 2024 · B2C segment revenues of $14.3m meanwhile derived from Coolbet’s existing sports betting and casino operations. A decrease in cash from $152.7m at 31 December 2024 to $52.2m at 31 March 2024 was driven primarily by the cash paid to acquire Coolbet. The agreement is intended to run for five seasons, from 2024-20 to … WebJan 5, 2024 · News. January 5, 2024, 2:29 pm ·. US-focused supplier of online gambling solutions GAN has completed the previously announced acquisition of digital gambling operator Coolbet. GAN paid €149.1 million (approx. $175.9 million) in cash and stock for the fast-growing digital gaming and sports betting brand. Coolbet was launched in 2016 and … sketches with annotations