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Betsson completes acquisition of InkaBet

4 October 2021

(PRESS RELEASE) -- As of 1 October 2021, SW Nordic Limited, a subsidiary of Betsson AB has completed the acquisition of InkaBet’s B2C online gambling business, a rapidly growing sportsbook and casino business targeting the western region of South America.

Betsson's ambition is to create shareholder value by outgrowing the online gambling market. The acquisition strengthens and expands Betsson's presence in Latin America, a strategically important region for the company. Betsson expects the acquisition to increase scale in the business and to unleash synergies, being both revenue and earnings accretive from the fourth quarter 2021 onwards.

N.B. For details on the transaction see press release published on 11 August 2021.

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Betsson completes acquisition of InkaBet is republished from iGamingNews.com.