Online gaming company Betsson's £26.4m offer to acquire all the shares of operator NetPlay TV has been sanctioned by the High Court in the UK.
The deal, which includes the brands Jackpot247, Supercasino and Vernons, is expected to close on March 31, when NetPlay will become a wholly owned subsidiary of Betsson.
The Betsson and NetPlay office locations in the UK will be consolidated.
“With the addition of NetPlay and the continued organic growth, the UK is on its way to become one of Betsson’s most important markets,” said Ulrik Bengtsson, CEO and president of Betsson.
“Also, this acquisition is a good example of our strategy to acquire sub-scale operators where integration with Betsson’s systems and processes can realise synergies,” he added.
