Evolution Gaming may acquire NetEnt

Evolution Gaming may acquire NetEnt

Evolution Gaming made a merger offer to software developer NetEnt this summer, which the latter could not refuse. As a result, the UK's market regulator, the CMA, got involved as they feared the takeover would distort competition. At last, the result of the investigation is in.

A positive result from the British market regulator CMA

This news will have pleased not only the concerned groups but also many casino fans. The CMA does not see any concerns with NetEnt being acquired by Evolution Gaming. Before the UK market regulator made this decision, the Malta Competition and Consumer Authority gave its permission. Thanks to the two positive assessments, the two groups now have all the permits for the acquisition. To date, there has been no public report, but this could still follow.

Apart from the companies, the shareholders are also pleased. They have been offered to exchange their NetEnt shares for Evolution Gaming shares, with a bonus of 43 percent, reported on the website https://bollywood-casino.com/. The deadline for the offer expired a few days ago - the result has not been announced yet. Once shareholders vote in favor of the takeover, everything will be clear: The Board of Directors and the Executive Board have approved the takeover. In addition, a majority of all shareholders have accepted the aforementioned offer.

Evolution's plan is to start the takeover tasks in December 2020. What impact the takeover will have on casino players is yet to be determined. For sure, players will benefit if the number of casino games in online casinos increases. At the very least, it will be easier for online casinos to offer multiple games if they do not work with each company separately. And who knows? Maybe there will be a special bonus to kick off the merger.

Evolution penetrates the American market thanks to NetEnt

Of course, Evolution did not think about the situation in Germany when it made the takeover offer to NetEnt. First and foremost, Evolution Gaming wants to gain a foothold in America thanks to NetEnt. This could succeed after NetEnt is one of the fewest companies to have a license for the American market.

There, the latest developments from Evolution could also provide excitement: live lottery games. Apart from live games, Evolution also offers games with a random number generator. Moreover, a tool is published that explains in detail how the games work. With these new games, the popularity of Evolution Gaming could spread further. According to Todd Haushalter, craps are very popular games.

Both ideas - the acquisition of NetEnt - and the new craps could lead to several online casinos working with Evolution. This could fulfill the company's desire: To become the global market leader.