• 06.03.2009, 07:43:40
  • /
  • OTE0001

With the Acquisition of Expekt and Bet-at-home, French Group MANGAS GAMING Enters the Top 5 Online Sports Betting Players in Europe

Paris (ots/PRNewswire) - MANGAS GAMING, French leading
group in online gaming and sports betting, which operates Betclic,
active in France and Southern Europe, announces the two following
transactions:

- The acquisition of all the operations of Expekt, a major
      online sports betting company, addressing primarily the Scandinavian
      and Northern European markets. Expekt is also a major player in online
      poker.
    - The acquisition of a controlling stake in Bet-at-home from
      its founders. Bet-at-home, a Frankfort listed company, is an online
      betting and gaming operator mainly present in Central and Eastern
      Europe. A public offer will be launched shortly to acquire the shares
      held by Bet-at-Home's minority shareholders.

Both transactions benefit from the full support of the
management of the acquired companies.

With these acquisitions, MANGAS GAMING, enters the top 5 online
sports betting operators in Europe, with gross gaming revenues
amounting to around 200 million euros in 2009, over 4 million
registered clients and a staff of about 500 people.

Present in more than 25 countries, the group now benefits from a
balanced breakdown of its activities over continental Europe while
maintaining a strong focus on local market expertise, and offers its
services through websites in 24 different languages.

MANGAS GAMING, managed by Isabelle Parize, plans to pursue its
pan-European development in a fast-growing industry.

Both transactions, which remain subject to customary regulatory
approvals, will be financed through the existing resources of MANGAS
GAMING, which is co-controlled by Financiere Lov, Stephane Courbit's
patrimonial holding company, and Societe des Bains de Mer (SBM).

Lazard acted as exclusive financial adviser to MANGAS GAMING
in these transactions.

Rückfragehinweis:
Press Contacts : Image Sept : Sylvie Ruggieri - sruggieri@image7.fr -
Tel. : +33-1-53-70-74-76 / Mob. : +33-6-75-39-93-20 ; Marie Artzner -
martzner@image7.fr - Tel. : +33-1-53-70-74-31 / Mob. :
+33-6-75-74-31-73

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | PRN

Bei Facebook teilen.
Bei X teilen.
Bei LinkedIn teilen.
Bei Xing teilen.
Bei Bluesky teilen

Stichworte

Channel