Angler Gaming plc acquires bingo-focused assets
Angler Gaming’s subsidiary Starfish Media N.V has acquired bingo-focused assets, consisting of domains and player database. The acquisition will allow Starfish Media to widen its product offering by adding bingo as a new product and to significantly expand and diversify its customer base.
The assets were purchased for a cash consideration of €100,000. The parties has also agreed upon a revenue share agreement, which will last for three years.
The company expects the assets to be fully migrated, deployed and operational by July 2016 and to start bringing a positive effect in Quarter 3 of 2016.
“It is our group’s strategy to be on a lookout for opportunities that are complementary to our operations. We believe that the addition of bingo as a new product together with a corresponding brand with an existing and loyal customer base will bring added value to our business”, commented Mike Bennett, CEO of Angler Gaming.
For additional information please contact: Michael Bennett, CEO, at Angler Gaming PLC: [email protected]