Deal Snapshot
ALEA GROWS UK PRESENCE WITH ACQUISITION OF ONLINE CASINO LADYLUCKS
Thursday 12 October 2017

Malta-based 3D virtual realty online casino operator Alea has acquired UK-based mobile casino LadyLucks from Italy based multinational gaming company International Game Technology (IGT) to strengthen presence in the UK market, the company said.

LadyLucks' previous owner, IGT, bought the site in 2014 as part of its GBP 18m (USD 24m) takeover of Probability. Alea said this move forms part of the company plans to add online gaming across desktop channels and grow its presence in the UK following the receipt of a licence from the gambling commission.


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Details
Date Published: 12/10/2017
Target: LadyLucks
Country: UK
Sector: Hotels/Restaurants/Casinos/Catering
Type: Corporate acquisition
Financing: Cash and Stock
Status: Closed
Vendor: Game Technology
Buyer: Alea
Comment:
Terms of the deal were not disclosed

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