12 Jun
In News
Written by 

Sky Betting and Gaming pens deal to acquire CORE Gaming

According to media reports in the iGaming industry, Sky Betting & Gaming has inked a deal to buy out content studio CORE Gaming.

Despite Sky’s acquisition, Justin Chamberlain, CORE Gaming’s managing director, will continue to hold his position in the company.

CORE Gaming and Sky Betting & Gaming have been working in tandem for quite a few years now. The former has been supplying the UK-based company with its portfolio of mobile casino games.

Commenting on this new development, Sky Betting & Gaming’s gaming director Conor Grant said:

“This acquisition makes what was already a close relationship even closer,”

“CORE Gaming has been a key part of our mobile casino success story and we believe their unique position to understand our customers and build great content for our players will further drive our gaming business forward.”

Simon Lloydbottom, senior director at Orbis Partners, oversaw the deal.

“Given the already close relationship between CORE and Sky Betting & Gaming there is a natural strategic rationale for the deal.

"We are delighted to have worked so closely with the shareholders in order to deliver a deal which works well for all involved, and we look forward to seeing CORE continue its development under new ownership,” he stated.

There is no denying the fact that the iGaming industry is shrinking duo to multiple mergers and acquisitions. Companies are joining hands to improve innovation and offer better products to their customers. Like Sky and CORE, more firms will soon come forward to collaborate in the remainder of the year.

Kai

You are here: Home

Privacy Policy

Newsletter

Subscribe to our Newsletter
Find us on Facebook
Follow Us
Google+