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”New growth market access:Chief Executive Officer for Aspire Global, Tsachi Maimon, commented on the significance of the acquisition in a company press release, stating…“Aspire Global now enters the sports betting arena with storm strength.Leading iGaming and sportsbook platform provider BtoBet will join forces with Aspire Global, after agreeing a deal comprising a cash consideration of €20m, €15 million of which is to be paid at closing and €5 million payable 12 months after closing.Gibraltar-headquartered BtoBet boasts 32 operators on its sports betting platform across Europe, Latin America, and Africa and is a leading provider in the latter two....


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Relative recovery:Although the periods may not be directly comparable, the Gambling Commission likewise pronounced that gross July gaming revenues for the United Kingdom’s collection of land-based betting shops thought to have grown by about 37% year-on-year to £62.In the United Kingdom and the Gambling Commission regulator has announced that the amount of money spent by domestic online gamblers in July fell by 4% when compared with the previous month to slightly above £459.Prominent pitfalls:Furthermore, the Gambling Commission figures showed that the gross July figure for online poker had experienced a 23% month-on-month tumble to roughly £9 million (....


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We have been in the industry for a long period of time and finally we met the perfect partner that matches our vision and with which we can build a stronger presence globally. Aspire Global can now compete for any deal, big or small, that exists out there. We are impressed by the qualities of the Neuron Sports platform and in addition we will get access to new growth markets, new potential big deals and new opportunities,” said Maimon....


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5 million) respectively. An additional performance-based consideration is payable two years from the close date and is seven times BtoBet’s EBIT in the second year from closing, less the €20 million purchase price. The regulator also detailed that the final gross gaming yield figure represented a year-on-year rise and was indicative of how the nation’s iGaming market is evolving ‘as the country continues to move out of full lockdown into the autumn months’....