Home » Industry News » Kindred is Ready to Acquire 32Red Casino

Kindred is Ready to Acquire 32Red Casino

28 Mar 2017

Kindred Group is growing stronger every day and this is proved by their new expansion business plan, according to which, they are ready to acquire 32Red Plc, which owns one of the most known online casinos in Europe, the 32Red Casino. Kindred Group’s cash offer for 32Red Plc was accepted by 32Red majority shareholders and has now become unconditional.

Acquisition Part of Bigger Expansion

Moreover, the offer was granted the permission and approval by the Licensing Authority of Gibraltar, since it meets all the regulatory requirements. The acquisition will cost 175.6 million pounds to the Kindred Group and the Swedish online gaming company has gained the 50% shareholder acceptance rate needed in order to progress with its acquisition.

In addition, Kindred will re-register 32Red as a private limited company before integrating the firm with its current multi-brand portfolio. That was the first Kindred Gropu acquisition since 2015, when Stan James was acquired by the colossal company and this one will make the online casino market presence for Kindred, even stronger and better.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

19 Aug '24

Megapari Nominated For The 2024 SBC Awards

Megapari is up for two awards in the following SBC Awards: ‘Sportsbook Operator of the Year’ and ‘Casino Operator of the Year’...

8 Jul '24

BC.Game Is The Official Sponsor Of Leicester City For 2024/25

The popular online crypto bookmaker BC.Game has announced that it has become the official partner of Leicester City. The partnership will go on for th...

2 Jul '24

The Effect Of Euro 2024 On Sports Betting Service Providers

It is no secret that huge international competitions like Euro 2024 substantially impact all sports betting providers. Besides the day-to-day operatio...

20 Jun '24

How Mbappe’s Injury Affects All Euro 2024 Bets

French superstar Kylian Mbappe suffered a broken nose after a collision with Austria’s Kevin Danso. He was later subbed off and was taken to the...

10 Jun '24

Bookmakers With A Dedicated Euro 2024 Section

This summer, 24 nations will battle in the 17th edition of the European Football Championship. Scheduled to take place in Germany, the competition is ...

7 Jun '24

How Injuries Affect Euro 2024 Odds

As the Euro 2024 approaches, fans are at the edge of their seats. However, as it happens with every major competition, several notable footballers hav...

28 May '24

Lucas Paqueta Charged For Betting Breaches

The Brazilian international Lucas Paqueta has been charged by the FA for the “improper purpose of affecting the betting market”. Paqueta, ...

17 May '24

Tyson Fury vs Oleksandr Usyk Odds

After a long wait, the boxing world is finally on the verge of crowing the first undisputed heavyweight champion since 1999, when Lennox Lewis took do...

16 May '24

Conor McGregor Partners with Duelbits

On May 13th, 2024, Duelbits, a leading site in crypto gambling, issued a press release to announce that it has partnered with MMA legend Conor McGrego...

13 May '24

EveryMatrix Record Net Revenue in Q1

EveryMatrix announced that the company achieved a record €39 million in revenue in the year’s first quarter. This constitutes a stunning 66% inc...

Bookmakers A-Z List

Full List is Loading...

TOP BOOKMAKERS

On Bookmakers.bet you can find the best and most reliable online bookmakers. You are advised to sign up and place your bets on our trustworthy premium partners. Click on each bookie's logo to read a detailed review, view the Book Spy's comments and reviews from other players or click on the “All Bookmakers” option to view our complete list of betting companies.

PREMIUM BOOKMAKERS

Accept players from your country

Kindred is Ready to Acquire 32Red Casino

Acquisition Part of Bigger Expansion

More articles