Stakelogic makes agreement to sell 100% of its equity shares to Japanese entertainment brand SEGA SAMMY HOLDINGS INC for €130m upfront
The transaction combines Stakelogic’s catalogue of highly popular online slot games, live casino studio capabilities, fast-growing hybrid game offering, and in-house game development factory with Sega Sammy’s global distribution platform.
Stakelogic CEO Stephan van den Oetelaar will continue his leadership role after the acquisition.
Stephan van den Oetelaar, CEO of Stakelogic commented: “Sega Sammy and Stakelogic share the same passion for online entertainment, innovation and technology. Together with Sega Sammy, Stakelogic will be able to grow its international operations much faster. The regulated iGaming market will double in size in the upcoming years. As part of Sega Sammy, we will have the execution power to become one of the leading players in the iGaming B2B industry.”
Koichi Fukazawa, senior executive vice president and group CFO of SEGA SAMMY stated: “SEGA SAMMY Group aims to establish a presence as a creative B2B solution provider based on innovative technology, especially in the North American online gaming market. I am very pleased to announce our alliance with Stakelogic, an innovative and leading content provider in the Dutch gaming market, as a crucial part of executing this strategy. We are confident that Stakelogic’s ability to rapidly develop and provide unique, high-quality gaming content will make a significant contribution to the implementation of our strategy and create excellent synergies through combining with the strengths of our group.”
