As a strategic move, Betsson has agreed to acquire the operator’s Betsson Perch Investments subsidiary for €8.8m (£7.6m/$10.6m). The acquisition will be settled in shares.
Betsson’s acquisition will strategically ensure secure customer payment flows for its ongoing expansion endeavors in Latin America.
The latest acquisition by Betsson in Latin America is a deal that includes a 75% stake in Suaposta, a Brazil-facing company. In addition, they acquired 70% of Colbet, a Colombian operator, in the third quarter of the previous year, giving them access to the Colombian market.
Betsson is strategically obtaining licences for both the Province and City of Buenos Aires.
According to Betsson CEO Pontus Lindwall, LatAm holds significant strategic importance for the company and offers a promising future.
By making this strategic investment, Betsson is poised to grow its business in the LatAm igaming market.
