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Purchase of Net Entertainment shares

Updated: 15.04.2024

Evolution Gaming was founded in 2006. The main idea of ​​the company was to give players without access to stationary casinos the opportunity to experience the thrill of a real game. And she did it. Today, this developer is the leader in the supply of online casino software worldwide.

After many years of work, this professional has been approved by the UK Competition and Markets Authority. This step was necessary for the purchase of the leading manufacturer in the gambling market Net Entertainment.

Evolution Gaming announced its intention to the world back in June this year. The brand has approved all promotions worth SEK 19.6. The Competition Authority investigated whether such a purchase would reduce competition in the UK gambling market. The forecasts were encouraging, so the permission to conclude transactions between the two providers. Evolution Gaming will be able, if necessary, to implement the necessary permits under the supervision of the Consumer Affairs Authority and the Malta Authority. As of today, the company is awaiting Net Entertainment's final verdict. The shareholders will hand it over by November 20. The developer's board has already approved. The process will begin on December 1. But it is worth considering the factor that the admission period can be extended indefinitely, and the settlement date is postponed.

Purchase of Net Entertainment shares
Joe Booth
Joe Booth
Expert in: News, Blog, Slot reviews
Joe is an expert online casino player, who knows all the tricks and tips on how to get to the most massive wins. He is also an experienced online casino games reviewer, with hundreds of written articles behind him, on all kinds of online casino games. He makes sure to play them, see how they work, and then gives his honest expert opinion about them to other players, our readers. 

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