In a groundbreaking move that has sent shockwaves throughout the gaming industry, Evolution Gaming, a leading provider of live casino solutions, has announced its acquisition of Galaxy Gaming, a prominent gaming company known for its innovative and engaging casino games. The deal, which is set to be completed in the coming months, will see Evolution Gaming pay a cash premium of 124% above the current market value of Galaxy Gaming.
The acquisition is seen as a strategic move by Evolution Gaming to further cement its position as a key player in the global gaming market. With Galaxy Gaming’s impressive portfolio of popular casino games, including favorites such as Blackjack, Poker, and Roulette, Evolution Gaming will be able to enhance its offering and provide even more exciting and immersive gaming experiences for players around the world.
Commenting on the acquisition, Evolution Gaming’s CEO, Martin Carlesund, stated, “We are thrilled to announce the acquisition of Galaxy Gaming, a company that shares our passion for innovation and excellence in the gaming industry. This strategic move will allow us to expand our product portfolio and offer our players an even more comprehensive and exciting gaming experience.”
The deal has already been met with enthusiasm from industry experts and analysts, who believe that the partnership between Evolution Gaming and Galaxy Gaming will create a powerhouse in the gaming industry. With Evolution Gaming’s cutting-edge technology and expertise in live casino solutions combined with Galaxy Gaming’s unique and engaging casino games, the newly merged company is expected to set new standards in the gaming world.
In addition to the cash premium of 124% offered by Evolution Gaming, Galaxy Gaming’s shareholders are also set to benefit from potential synergies and growth opportunities that will arise from the merger. The acquisition is expected to be completed by the end of the year, pending regulatory approvals and other customary closing conditions.
As the gaming industry continues to evolve and adapt to changing consumer preferences, the acquisition of Galaxy Gaming by Evolution Gaming marks a significant milestone in the industry’s growth and development. With this bold move, Evolution Gaming is demonstrating its commitment to providing players with the best possible gaming experience and solidifying its position as a leader in the global gaming market.
Overall, the acquisition of Galaxy Gaming by Evolution Gaming is set to usher in a new era of innovation and excitement in the gaming industry, with players set to benefit from a wider range of high-quality games and immersive gaming experiences. Stay tuned for more updates on this groundbreaking deal as it unfolds.
